16040 SW 3RD ST, Sherwood, OR 97140

$424,782
3
BD
1
BA
1,410
SqFt

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Courtesy of Metro West Realty Selling Office: eXp Realty, LLC.

Sold Price
$424,782
List Price
$425,000
Status
CLOSED
MLS#
232529098
Closing Date
Nov 25, 2025
Bedrooms
3
Finished SqFt
1,410
Lot Size (sq ft)
5,227

Property Description

A rare find in the heart of Old Town Sherwood, this charming one-level 1925 cottage combines timeliness character and exceptional flexibility of uses. The home is zoned Medium Density Residential (MDRL) and is also located within the Old Town Overlay District which grants retail and commercial allowances, creating a unique potential for a variety of home-based or mixed-use opportunities. The 1,410 sqft home features 3 bedrooms (1 nonconforming) and a remodeled bathroom. It appears original wood floors lie beneath the carpets. Inside, enjoy a cozy living room with a certified woodstove, a custom kitchen and a large utility room. Step out back to a spacious newer deck, covered parked, and a 30x20 garage/shop with its own woodstove, ideal for projects, hobbies or workspace. The private backyard offers a peaceful retreat just steps from the vibrant shops, restaurants, and transit options of Old Town Sherwood. Appliances are included, along with a new hot water heater. A true Old Town Sherwood gem offering charm, location, and versatility.

Additional Information

Community
SHERWOOD
Style
1 Story, Traditional
Basement
Crawl Space
Year Built
1925
View
City, Park/Greenbelt
Exterior
Deck, Fenced, Outbuilding, Porch, Public Road, Storm Door(s), Workshop, Yard
Elementary School
Hawks View
Middle School
Sherwood
High School
Sherwood
Potential Terms
Cash, Conventional, FHA, VA Loan

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