Welcome to 326, 332, and 334 W Sherman Street — a cute triplex in Lebanon, Oregon. Excellent investment opportunity with strong cash flow! This well-maintained triplex features one stand-alone unit plus two connected units, all with vinyl windows. Recent upgrades include a new roof, new trim, fresh exterior paint, and partial new siding. Each unit's second bedroom is smaller and without a closet. All units are fully rented to long-term tenants, providing reliable income from day one.
Sold for $340,000
Listed by: Exp Realty, Llc
Bought with: Realty One Group Willamette Valley
$340,000
324 W Sherman St, Lebanon, OR 97355
6beds
3baths
1,704sqft
Triplex
Built in 1941
-- sqft lot
$-- Zestimate®
$200/sqft
$2,118 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,118/mo
Zestimate® history
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$2,118/mo
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$2,004/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: December 22, 2025 at 05:23pm
Listed by:
DARREN RICKETTS Direc:541-852-2565,
Exp Realty, Llc
Bought with:
TARAH FAIR
Realty One Group Willamette Valley
Source: WVMLS,MLS#: 832580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard
Appliances
- Included: Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Wood
- Has fireplace: No
Interior area
- Total structure area: 1,704
- Total interior livable area: 1,704 sqft
Property
Lot
- Size: 8,712 sqft
Details
- Additional structures: Shed(s)
- Parcel number: 00180352
- Zoning: RH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Fiber Cement, Wood Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lebanon
HOA & financial
Other financial information
- Total actual rent: 2060
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $340K - $340K
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $340,000+4.6%$200/sqft |
Source:  WVMLS #832580 Report a problem | ||
| 11/19/2025 | Pending sale | $325,000$191/sqft |
Source:  RMLS (OR) #409505263 Report a problem | ||
| 10/31/2025 | Listing removed | $325,000$191/sqft |
Source: WVMLS #832580 Report a problem | ||
| 9/6/2025 | Listed for sale | $325,000$191/sqft |
Source: WVMLS #832580 Report a problem | ||
| 8/29/2025 | Pending sale | $325,000$191/sqft |
Source: WVMLS #832580 Report a problem | ||
| 8/13/2025 | Listed for sale | $325,000+103.1%$191/sqft |
Source: WVMLS #832580 Report a problem | ||
| 9/8/2017 | Sold | $160,000+141.6%$94/sqft |
Source: RMLS (OR) #16543750 Report a problem | ||
| 1/24/2014 | Sold | $66,225$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,878 +3.3% | $136,970 +3% |
| 2023 | $2,785 +2.1% | $132,990 +3% |
| 2022 | $2,727 | $129,120 +3% |
| 2021 | -- | $125,360 +3% |
| 2020 | $2,597 +5.3% | $121,710 +3% |
| 2019 | $2,468 +0.8% | $118,170 +3% |
| 2018 | $2,449 | $114,730 +10.4% |
| 2017 | $2,449 +29.1% | $103,950 +5% |
| 2016 | $1,896 +7.8% | $99,000 +1.2% |
| 2015 | $1,759 +0.5% | $97,800 +5.9% |
| 2014 | $1,750 -3.1% | $92,310 -6.9% |
| 2013 | $1,805 +865.9% | $99,180 |
| 2012 | $187 -89.8% | $99,180 |
| 2011 | $1,840 -16.7% | $99,180 -11% |
| 2010 | $2,210 -4.9% | $111,390 +3% |
| 2009 | $2,324 | $108,153 +3% |
| 2008 | $2,324 +2.2% | $105,004 +3% |
| 2007 | $2,274 +8.4% | $101,947 +3% |
| 2006 | $2,098 +7% | $98,979 +3% |
| 2005 | $1,960 -1.6% | $96,097 +3% |
| 2004 | $1,992 +6.9% | $93,299 +3% |
| 2003 | $1,863 | $90,583 |
Find assessor info on the county website
Neighborhood: 97355
Nearby schools
GreatSchools rating
- 7/10Green Acres SchoolGrades: K-6Distance: 0.5 mi
- 6/10Seven Oak Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Green Acres
- Middle: Seven Oak
- High: Lebanon
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Linn County
- Lebanon
- 97355
- 324 W Sherman St