The listing facts are current enough for an initial property review.
12727 SE Sherman St
Listing Notes
Hard to find, almost an acre in the city. Possible to divide & have 5 lots (R5) or just enjoy having a huge lot. Would be great for a gardener. Remodeled in 2010. This cute home with lots to offer. Great woodwork, granite counters, water proof vinyl planks. Great for someone who want to divide the land and build or sell. Lots of work done already, with over $42,000 work done and plans can easily be changed to Tiny Homes or Clusters which would allow more units to be built. Buyer to do due diligence and check with city. Sale by owner, owner is licensed Oregon Broker.
Market Insights
$389/sqft vs a nearby median of $339/sqft.
- +15% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,465 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 7.5% above where comps + adjustments land — there is room to negotiate.
- Pre-war character+$13k +2.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 2 days
- Last price change
- No change recorded
- Listed
- May 10, 2026
- Photos
- 31 photos
- Property type
- single family
- Status
- for sale