132 E Main St Sheridan, OR 97378
Estimated payment $1,628/month
Highlights
- River View
- No HOA
- Landscaped with Trees
- Deck
- Living Room
- 4-minute walk to Veteran's Memorial Park
About This Home
Residential duplex with income potential, featuring two apartments plus an on-site commercial storefront.Located at 132 E Main Street, Sheridan, OR, this historic 1914 mixed-use property offers a rare opportunity for owner-occupants or investors seeking rental income in a Main Street setting along the South Yamhill River.The property includes two residential units. The upstairs apartment offers a private exterior entrance and large elevated deck with river views, two bedrooms plus office/storage, one full bathroom, and washer/dryer hookups. The downstairs apartment features two bedrooms plus office/storage, a spacious community-style great room with full kitchen and appliances included, one full bathroom, and washer/dryer hookups.Property also includes a ground-level commercial storefront, which is not reflected in the residential unit count. Zoned CR. Buyer to perform due diligence regarding zoning, use, and intended occupancy.Rent rolls and expenses are available upon request for qualified buyers.Property is 100% tenant occupied. Showings by appointment only with a minimum 4-day notice. No lockbox. Please do not disturb tenants. Written offers subject to interior inspection. Proof of funds or pre-approval required with offer.
Listing Agent
Georgetown Realty Inc. Brokerage Email: accounting@gtrealty.com License #201258053 Listed on: 01/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,071
Year Built
- Built in 1914
Lot Details
- 8,712 Sq Ft Lot
- River Front
- Gated Home
- Landscaped with Trees
Property Views
- River
- City
- Woods
Home Design
- Property Attached
- Membrane Roofing
- Plywood Siding Panel T1-11
Interior Spaces
- 4,524 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- Driveway
- On-Street Parking
Schools
- Faulconer-Chap Elementary School
- Willamina/Gr Middle School
- Sheridan High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- High Speed Internet
Additional Features
- Deck
- Property is near bus stop
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 222217
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,071 | $79,016 | -- | -- |
| 2024 | $984 | $76,715 | -- | -- |
| 2023 | $955 | $74,481 | $0 | $0 |
| 2022 | $929 | $72,312 | $0 | $0 |
| 2021 | $1,051 | $70,206 | $0 | $0 |
| 2020 | $1,016 | $68,161 | $0 | $0 |
| 2019 | $998 | $66,176 | $0 | $0 |
| 2018 | $970 | $64,249 | $0 | $0 |
| 2017 | $952 | $62,378 | $0 | $0 |
| 2016 | $924 | $60,561 | $0 | $0 |
| 2015 | $902 | $58,799 | $0 | $0 |
| 2014 | $877 | $57,088 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2026 02/19/26 | Pending | -- | -- | -- |
| 01/17/2026 01/17/26 | For Sale | $299,000 | -- | $66 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Contract Of Sale | $130,000 | -- | |
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $50,000 | Western Title & Escrow | |
| Contract Of Sale | $50,000 | Western Title & Escrow |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $43,183 | Seller Take Back | |
| Previous Owner | $49,900 | Seller Take Back | |
| Closed | $35,000 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 551536534
APN: 222217
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Ask me questions while you tour the home.