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    54 W Sherman St Lebanon, OR 97355

    For Sale
    $515,000

    4-Plex - Lebanon, OR

    Property size:
    4,698 SF
    Lot size:
    0.09 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 54 W Sherman St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    APN
    178984
    Interior features
    Handicap Amenities
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Range
    Size
    4,698 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1910
    Number of units
    3
    Flooring type
    Laminate
    Architectural style
    Other

    Centurion Real Estate Services (503) 883-8141 [email protected]

    Listing agent BRYSON LEWIS (503) 883-8141

    Listing date Oct 30, 2025

    MLS# 833426 Listing URL

    Copyright © 2025 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lebanon Mixed-Use 4-Plex For Sale

    This mixed-use property in Lebanon, Oregon, features three apartments and a retail space with 30 feet of sidewalk frontage. The building, with a new roof installed in July, offers an excellent investment opportunity. It is situated in a great location near Main Street, with convenient access to stores and schools. The property is equipped with a sprinkler system and separately metered electricity and gas. There are four parking spaces located in the back. The property has a size of 4698 square feet and sits on a lot of 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Willamette Gaming Company Trading Card Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Linn
    State
    Oregon
    Longitude
    -122.9078919
    Latitude
    44.5388759

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use 4-plex with retail space and three apartments.
    Where is this mixed-use property located?
    The property is located at 54 W Sherman St Lebanon, OR.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - Mixed-use property with 3 apartments and a retail space.; - New roof installed in July with professional abatement.; - Excellent investment opportunity.
    (503) 883-8141
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    54 W Sherman St Lebanon, OR 97355
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    54 W Sherman St Lebanon, OR 97355
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