RealtyLens
for saleRealtyLens property overview
$569,995

12727 SE Sherman St

Portland, OR, 97233
View more Portland, OR property pages
3Beds
2Baths
1,465Sqft
$389$/sqft

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

Above nearby median+15%

$389/sqft vs a nearby median of $339/sqft.

Nearby median$339/sqft
Nearby properties8
Property size1,465 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

Yardstick fair value$527k$482k$572k · 55% confidence
vs ask $570k+$43k (+7.5%)

Asking price is about 7.5% above where comps + adjustments land — there is room to negotiate.

$351/sqft median across 3 tight comps × 1,465 sqft= $514k
  • Pre-war character+$13k +2.5%
Cumulative NYC adjustments+$13k+2.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+15% vs nearby

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 MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Photos

Price History

May 10, 2026Initial record
$569,995for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.

12727 SE Sherman St, Portland, OR, 97233 | RealtyLens