132 E MAIN ST, Sheridan, OR 97378
Yamhill County
Key Facts
Description
Residential duplex with income potential, featuring two apartments plus an on-site commercial storefront.Located at 132 E Main Street, Sheridan, OR, this historic 1914 mixed-use property offers a rare opportunity for owner-occupants or investors seeking rental income in a Main Street setting along the South Yamhill River.The property includes two residential units. The upstairs apartment offers a private exterior entrance and large elevated deck with river views, two bedrooms plus office/storage, one full bathroom, and washer/dryer hookups. The downstairs apartment features two bedrooms plus office/storage, a spacious community-style great room with full kitchen and appliances included, one full bathroom, and washer/dryer hookups.Property also includes a ground-level commercial storefront, which is not reflected in the residential unit count. Zoned CR. Buyer to perform due diligence regarding zoning, use, and intended occupancy.Rent rolls and expenses are available upon request for qualified buyers.Property is 100% tenant occupied. Showings by appointment only with a minimum 4-day notice. No lockbox. Please do not disturb tenants. Written offers subject to interior inspection. Proof of funds or pre-approval required with offer.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Style
Stories2
Year Built
1914
Stories
2
Living Area
4,524 sq ft
Lot Size
0.20 acres
Zoning
CR
Days on Market
33
MLS® Listing#
551536534
Property Features
Cooling
Heating
Basement
Parking
Patio
Lot Features
Roof
Sewer
Water Source
Schools
- Elementary:
- Faulconer-Chap
- Middle:
- Willamina/Gr
- High:
- Sheridan
Financial Details
HOA
None
Annual Taxes
$1,071
Tax year 2025
Parcel Number
222217
Directions
Take OR-18 to the exit for OR-18B East, OR-18B turns into Main Street. Continue to 132
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sheridan, OR
- $500,000
- Median Listing Price
- 189
- Median Days on Market
- 1,512
- Median Sq Ft
- $363
- Median Price / Sq Ft
- 34
- Active Listings
- This home’s price is 40% below the area median.
- Its price per sq ft is 82% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sheridan, OR.
Location
Points of Interest in Sheridan, OR
Showing the Sheridan area map.
Nearby Schools
Calvary Christian Academy
School · 0.1 mi away
Sheridan High School
Secondary · 0.2 mi away
Sheridan School District
School · 0.3 mi away
Faulconer-Chapman School
Elementary · 0.6 mi away
Willamina High School
Secondary · 4.0 mi away
Willamina Elementary School
Elementary · 4.0 mi away
Willamina School District
School · 4.0 mi away
Perrydale School
Secondary · 7.8 mi away
Amity Middle School
Secondary · 9.2 mi away
Amity High School
Secondary · 9.4 mi away
Amity Elementary School
Elementary · 9.4 mi away
Amity Community Preschool
School · 9.4 mi away
Grand Ronde Seventh-Day Adventist Church
School · 10.4 mi away
Willamette Elementary School
Elementary · 11.1 mi away
Buel Elementary School
Elementary · 11.6 mi away
Homeschool Outdoor School
School · 11.8 mi away
Newby Elementary School
Elementary · 11.8 mi away
Life Christian Academy
School · 11.9 mi away
Duniway Middle School
Secondary · 11.9 mi away
McMinnville Adventist Christian School
School · 12.3 mi away
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EXIT Agents in Sheridan
Listing Courtesy: Georgetown Realty Inc. - accounting@gtrealty.com
Presented by: Danne Wilson
Last Updated: 2026-01-17