OFF MARKET

Off Market Jan 2025 for $603K

$635,071

Est. refi paymentEst. refi $3,634/mo

•

2 ba

•

1,584

sq ft

2123/2125 SE Sherrett St, Portland, OR 97202

About this home

PLEASE DO NOT DISTURB TENANTS, BOTH UNITS OCCUPIED. 10 out of 10 energy scores! Discover an exceptional investment opportunity in coveted Sellwood. This meticulously maintained 1968 side-by-side duplex offers a rare blend of charm and modern updates, presenting an outstanding chance for investors. This wonderful property has a strong rental history with infrequent vacancies. Its prime location, directly across from a charming pocket park, provides a peaceful setting for residents while offering convenient off-street parking and gorgeous, thoughtful landscaping. With its combination of extensive recent updates, desirable location, and proven rental performance, this duplex presents both immediate returns and long-term appreciation potential. Don't miss this chance to own a lucrative investment property in one of Portland's most sought-after neighborhoods. Please respect tenant privacy – offers subject to inspection.

Multi-familyProperty Type

1968Year Built

4,791 sq ftLot Size

$401Est. Price/Sq.Ft.

2 spacesParking

Listed by Mel George • Windermere Realty Trust

Listed by Michelle Koury • Windermere Realty Trust

Contact: 503-706-1611

Bought with Monique Farinha • Premiere Property Group, LLC

Redfin checked: 3 minutes ago

•Source:RMLS #24035941

Redfin Estimate

$635,071

$32K since sold in January 2025$15K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.8% lower than the average sale price ($653K) of 5 comparable homes.

SOLD AUG 4, 2026
$675,000
A
4 beds2 baths1,728 sq ft
1026 SE Nehalem St, Portland, OR 97202
SOLD JUN 5, 2026
$576,300
B
4 beds2 baths1,560 sq ft
8317 SE 9th Ave, Portland, OR 97202
SOLD MAR 20, 2026
$700,000
C
4 beds2 baths1,242 sq ft
2015 SE Bidwell St, Portland, OR 97202
SOLD SEP 16, 2025
$539,900
D
4 beds2 baths1,714 sq ft
2422 SE Nehalem St, Portland, OR 97202
SOLD DEC 29, 2025
7873 SE 19th Ave, Portland, OR 97202
$775,000
E
4 beds2 baths2,426 sq ft
7873 SE 19th Ave, Portland, OR 97202

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Earn from this home

Sell

$128,533

Est. take-home

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Refinance

Est. cash available

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Market trends in Sellwood-Moreland, OR

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.7%

0.4% MoM

Median sale price

$585K

$65K MoM

Avg. days on market

10d

3 days MoM

Recently sold homes

6 MoM

New listings for sale

OPEN SEP 5, 12PM TO 3PM
$849,900
4 beds2 baths2,439 sq ft
5225 SE 18th Ave, Portland, OR 97202
Tabitha Solano • HomeSmart Realty Group
FOR SALE BY OWNER
$9,000,000
9 beds11 baths10,400 sq ft
3629 SE Division St, Portland, OR 97202
$995,000
4 beds4 baths3,136 sq ft
1634 SE Spokane St, Portland, OR 97202
Patrick Williams • Windermere Realty Trust
SHORT SALE
$300,000
2 beds1 bath1,575 sq ft
3128 SE 24th Ave, Portland, OR 97202
Rick McDowell • Premiere Property Group, LLC
$325,000
2 beds1 bath1,320 sq ft
1917 SE Taggart St, Portland, OR 97202
Lillian Foster • Move Real Estate Inc
HOT HOME
$699,000
3 beds2 baths1,917 sq ft
6120 SE 13th Ave, Portland, OR 97202
Andrew Pienovi • Christie's International Real Estate Evergreen
OPEN TODAY, 12PM TO 4PM
$525,000
3 beds1 bath1,056 sq ft
4122 SE Bybee Blvd, Portland, OR 97202
Michelle Maida • John L. Scott Portland Central
FOR SALE BY OWNER
$615,000
3 beds2 baths1,490 sq ft
2811 SE Cesar E Chavez Blvd, Portland, OR 97202
$850,000
7 beds4 baths3,306 sq ft
2910 SE Gladstone St, Portland, OR 97202
Benjamin Ficker • Rarebird Real Estate
3D WALKTHROUGH
$415,000
2 beds3 baths1,075 sq ft
7520 SE Milwaukie Ave #201, Portland, OR 97202
Erin Bergstrom • Windermere Realty Trust
See all

Provided by Redfin

Sale history for 2123/2125 SE Sherrett St

** Price available after signing in.

Tax history for 2123/2125 SE Sherrett St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

1968

Sq. Ft.

1,620

Year built

1968

Style

Multi-Family (2-4 Unit)

County

Multnomah County

APN

R268005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

RM1

Residential Multi-Dwelling 1 Zone

The RM1 zone is a low-scale multi-dwelling zone that is generally applied in locations intended to provide a transition in scale to single-dwelling residential areas, such as the edges of mixed-use centers and civic corridors, and along or near neighborhood corridors. Allowed housing is characterized by one to three story buildings that relate to the patterns of residential neighborhoods, but at a somewhat larger scale and building coverage than allowed in the single-dwelling zones. The major types of new development will be duplexes, triplexes, rowhouses, courtyard housing, small apartment buildings, and other relatively small-scale multi-dwelling and small-lot housing types that are compatible with the characteristics of Portland's residential neighborhoods.

Zone overlays

Environmental Protection Overlay zone
Design Overlay Zone

Permitted uses

Include but are not limited to:

Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Off Street, On Street
Parking Total: 2

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Basement: Crawl Space

Multi Unit Information
# Of Units Total: 2

Unit Information
Unit Type: 1, 2

Unit Type 1 Information
Actual Rent: $1,850
Area: 792
Baths Total: 1
Beds Total: 2
Features: Air Conditioning, Deck, Dishwasher, Washer/Dryer
Units Total: 1

Unit Type 2 Information
Actual Rent: $1,885
Area: 792
BathsTotal: 1
Beds Total: 2
Features: Air Conditioning, Deck, Dishwasher, Washer/Dryer
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Brick, T-111 Siding, Wood Siding

Lot Information
Lot Size Square Feet: 4,791
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size Dimensions: 50'x100'
Lot Size Acres: 0.11
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level, Private
Parcel Number: R268005
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Updated/Remodeled
View YN: Yes
View Description: Park/Greenbelt

Building Information
Year Built: 1968
Building Area Total: 1,584
Foundation Details: Concrete Perimeter

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: SELLWOOD, BLOCK 106, LOT 9
Tax Annual Amount: $5,927.67

Rent Information
Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 4.37
Gross Rent Multiplier: 13.37

Utilities

Utility Information
Green Certification YN: Yes
Fuel Description: Electricity
Water Source: Public Water
Sewer: Septic Tank

Heating & Cooling
Heating YN: Yes
Heating: Mini Split
Cooling YN: Yes
Cooling: Mini Split

Location

School Information
Elementary School: Duniway
Middle Or Junior School: Sellwood
High School: Cleveland

Location Information
Directions: SE 21st & Sherrett (South of Tacoma)
Unparsed Address: 2123/2125 SE SHERRETT ST, Portland, OR 97202

Community Information
Community Features: All Landscaping
Zoning: RM1dp

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,620
Stories: 1.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 1968
County: Multnomah County
APN: R268005

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Duniway Elementary School

Public K-5 • Assigned • 0.8mi

9/10

Sellwood Middle School

Public 6-8 • Assigned • 0.4mi

8/10

Cleveland High School

Public 9-12 • Assigned • 2.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97202

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$604,000 – $731,000

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New listings for sale in 97202

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HOT HOME

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Andrew Pienovi • Christie's International Real Estate Evergreen

OPEN TODAY, 12PM TO 4PM

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Michelle Maida • John L. Scott Portland Central

FOR SALE BY OWNER

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Benjamin Ficker • Rarebird Real Estate

Home values near 2123/2125 SE Sherrett St

Data from public records.

Address	Redfin Estimate
2210 Southeast Sherrett St, Portland, OR - Beds \| - Baths \| - Sq. Ft.	$659,670
8438 Southeast 21st Ave, Portland, OR 3 Beds \| 2 Baths \| 2260 Sq. Ft.	$1,022,784

Address	Redfin Estimate
2223 Southeast Sherrett St, Portland, OR 5 Beds \| 3 Baths \| 3154 Sq. Ft.	$1,239,093
8410 Southeast 21st Ave, Portland, OR 6 Beds \| 5 Baths \| 3309 Sq. Ft.	—

Address	Redfin Estimate
8422 Southeast 21st Ave, Portland, OR 3 Beds \| 1 Baths \| 1609 Sq. Ft.	$525,448
2134 Southeast Harney St, Portland, OR 3 Beds \| 3 Baths \| 2350 Sq. Ft.	$812,155

Property information provided by RMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Sellwood-Moreland, OR

Sale history for 2123/2125 SE Sherrett St

Tax history for 2123/2125 SE Sherrett St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97202

Home values near 2123/2125 SE Sherrett St

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