13414 NW Sherry St, Portland, OR 97229
Local realty services provided by:CENTURY 21 Northstar
13414 NW Sherry St,Portland, OR 97229
$799,000
- - Beds
- - Baths
- 2,485 sq. ft.
- Multi-family
- Active
Listed by: rachelle kammann
Office: kevin morris realty503-452-5400
MLS#:741838046
Source:PORTLAND
Price summary
- Price:$799,000
- Price per sq. ft.:$321.53
About this home
*Don't Walk the Property* Cap rate is 6.2% with current rental income. Recent remodeling includes all new water and sewer line, new tankless water heaters, new electrical panels. Exceptional investment and development opportunity in the heart of Cedar Mill! This remodeled duplex features two spacious 3-bedroom, 1-bath units, offering strong rental appeal in a highly desirable location. A detached shop provides additional income and yard care, currently leased for $600/month. Situated on a generous, multi-family zoned lot, the property offers significant upside with the potential to add approximately five additional units while retaining the existing improvements, or redevelop the site for an estimated 9–12 unit project (buyer to complete all due diligence with Washington County). Minutes to Nike, Intel, downtown Portland, shopping, restaurants, parks, and public transit, this is a rare opportunity to own a cash-flowing asset with outstanding future development potential.
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Home facts
- Year built:1951
- Listing ID #:741838046
- Added:3 day(s) ago
- Updated:July 26, 2026 at 01:25 AM
Rooms and interior
- Living area:2,485 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1951
- Building area:2,485 sq. ft.
- Lot area:0.34 Acres
- Lot Features:Level
- Levels:1 Story
Schools
- High school:Sunset
- Middle school:Cedar Park
- Elementary school:Bonny Slope
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$321.53
- Tax amount:$5,077 (2025)
Parking
- Parking description:Driveway, Garage
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