Super cute 3 bedroom, 2 bath home on the south end of Downtown Portland. Close To OHSU and PSU. The front part of the house has 2BR/1 bath, and the back has 1BR/1BA. The back has been used as an airbnb unit, and an Accessory Short Term Rental Permit was issued in 2020. Great schools... Ainsworth, West Sylvan and Lincoln. Front and back units have separate electric and gas. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10190785]
Single-familyProperty Type
1880Year Built
3,049 sq ftLot Size
$213Price/Sq.Ft.
Listed by Brian Porter• JMA Properties LLC
Listed by Amanda Folkestad• JMA Properties LLC
Bought with Lynn Foe• Berkshire Hathaway HomeServices NW Real Estate
Great rental near PSU and OHSU. Great light, high ceilings, wood burning fireplace, off street parking, full unfinished basement with washer/dryer. The front unit has 2 bedrooms and 1 bathroom. The back unit has 1 bedroom and 1 bathroom. Lots of options here. Live in the front, Airbnb the back? Rent both the front and back units? [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10190785]
RMLS #21334017
Jul 7, 2021
Sold
$515,000
$213/sq ft
Jun 11, 2021
Pending
—
Jun 4, 2021
Price Changed
$525,000
$217/sq ft
May 4, 2021
Relisted
—
Apr 16, 2021
Pending
—
Apr 4, 2021
Listed
$549,900
$228/sq ft
RMLS #13195418
Jun 19, 2013
Sold
$330,000
$137/sq ft
Apr 30, 2013
Pending
—
Apr 20, 2013
Relisted
—
Apr 12, 2013
Pending
—
Apr 9, 2013
Listed
$329,900
$136/sq ft
RMLS #13295399
Jun 19, 2013
Sold
$330,000
$137/sq ft
Apr 30, 2013
Pending
—
Apr 20, 2013
Relisted
—
Apr 12, 2013
Pending
—
Apr 9, 2013
Listed
$329,900
$136/sq ft
+11
One-of-a-kind property on residential street near the heart of downtown Portland, PSU, and OHSU. Amazing new mechanics are like a work of art! This well-loved and well-maintained home has been in the same family for over 60 years. Could be owner-occupied with an apartment or rented as a duplex.
Year
Property tax
Land + Additions
Assessment*
2025
$8,536 (+3.7%)
2024
$8,229 (+4.0%)
2023
$7,913 (+2.2%)
2022
$7,741 (+1.7%)
2021
$7,611 (+9.0%)
2020
$6,981 (+3.8%)
2019
$6,725 (+3.0%)
2018
$6,527 (+4.3%)
2017
$6,256 (+9.3%)
2016
$5,724 (+2.7%)
2015
$5,574 (+6.6%)
2014
$5,227 (+21.8%)
2013
$4,293 (+12.2%)
2012
$3,825 (−3.1%)
2011
$3,947 (+5.5%)
2010
$3,740 (+2.7%)
2009
$3,641
Tax history for 623 SW Sherman St
Year
Property tax
Land + Additions
Assessment*
2025
$8,536 (+3.7%)
2024
$8,229 (+4.0%)
2023
$7,913 (+2.2%)
2022
$7,741 (+1.7%)
2021
$7,611 (+9.0%)
2020
$6,981 (+3.8%)
2019
$6,725 (+3.0%)
2018
$6,527 (+4.3%)
2017
$6,256 (+9.3%)
2016
$5,724 (+2.7%)
2015
$5,574 (+6.6%)
2014
$5,227 (+21.8%)
2013
$4,293 (+12.2%)
2012
$3,825 (−3.1%)
2011
$3,947 (+5.5%)
2010
$3,740 (+2.7%)
2009
$3,641
*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
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
3,150 Sq. Ft.
Year renovated
1880
Sq. Ft.
1,698
Year built
1880
Style
Single Family Residential
County
Multnomah County
APN
R128732
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM4
D
Residential Multi-Dwelling 4 zone
The RM4 zone is a high density, urban-scale multi-dwelling zone applied near the Central City, and in town centers, station areas, and along civic corridors that are served by frequent transit and are close to commercial services. It is intended to be an intensely urban zone with a high percentage of building coverage and a strong building orientation to the pedestrian environment of streets, with buildings located close to sidewalks with little or no front setback. This is a mid-rise to high-rise zone with buildings of up to seven or more stories. The Design overlay zone is applied to this zone.
Zone overlays
Design Overlay Zone
Permitted uses
Include but are not limited to:
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Oct 5, 2023 • Active
Home occupation
Establish an accessory short-term rental within a one-room accessory dwelling unit.
ADU
May 17, 2022 • Final
Home occupation
Establish an accessory short term rental for one room.
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.