54 W Sherman St Lebanon, OR 97355
Estimated payment $2,936/month
Highlights
- High Speed Internet
- Heating System Uses Gas
- 2-minute walk to Ralston Park Rose Garden
About This Home
3 nice apartments & 4th unit is a retail space with 30 ft of sidewalk frontage. New roof installed in July including professional abatement! Excellent investment opportunity with mixed use property! Great location near Main st and short distance to stores, schools, etc. Building is sprinklered, has separately metered electricity & gas and has 4 parking spaces in back. Each apartment had updates on the previous turns (interior pictures available upon request).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,300
Year Built
- Built in 1910
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Quadruplex
- Slab Foundation
- Tar and Gravel Roof
- Vinyl Siding
Interior Spaces
- 4,698 Sq Ft Home
- Laminate Flooring
- Electric Range
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Gas
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 5-6 / 3
Community Details
Overview
- 4 Units
Building Details
- Trash Expense $90
- Water Sewer Expense $200
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 |
|---|---|---|---|---|
| 2024 | $2,301 | $109,470 | -- | -- |
| 2023 | $2,226 | $106,290 | $0 | $0 |
| 2022 | $2,180 | $103,200 | $0 | $0 |
| 2021 | $2,102 | $100,200 | $0 | $0 |
| 2020 | $2,076 | $97,290 | $0 | $0 |
| 2019 | $1,973 | $94,460 | $0 | $0 |
| 2018 | $1,957 | $91,710 | $0 | $0 |
| 2017 | $1,911 | $89,040 | $0 | $0 |
| 2016 | $1,853 | $86,450 | $0 | $0 |
| 2015 | $1,742 | $84,020 | $0 | $0 |
| 2014 | $1,747 | $81,580 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $515,000 | +186.1% | $110 / Sq Ft |
| 03/10/2014 03/10/14 | Sold | $180,000 | -10.0% | $38 / Sq Ft |
| 03/05/2014 03/05/14 | Pending | -- | -- | -- |
| 02/17/2014 02/17/14 | For Sale | $200,000 | -- | $43 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Ticor Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | Seller Take Back |
Source: Willamette Valley MLS
MLS Number: 833426
APN: 0178984
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson
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