8632 SW 21st AVE, Portland, OR 97219

  • $4,028,900
  • $3,968,900

Overview

  • 9970 Sqft
    Property Size
  • 2026
    Year Built
  • MultiFamily
    Property Type
  • 258555663
    MLS#
  • 0.17 Acres
    Land Area
  • Keller Williams Realty Portland Premiere
    Office Name
  • Darryl Bodle
    Agent Name

Description

Acquire an entire new construction 11 unit condominium community in Portland’s desirable Markham neighborhood, offering investors a turnkey portfolio with immediate lease up potential. All homes are vacant and move in ready, providing a clear path to tenant placement and income stabilization. The offering includes 9,970 total square feet across 11 thoughtfully designed 2 bedroom, 2½ bathroom residences, each spanning approximately 905 to 908 square feet. Every home features a bright great room layout. Kitchens are anchored by islands with eat bars and include solid surface countertops, stainless steel appliances, pantries, and generous cabinetry. Upstairs, dual ensuite bedrooms provide privacy that appeals to roommates, remote workers, and guests. In unit laundry and efficient mini splits add everyday convenience and year round heating and cooling. Five homes in the west building offer private decks, while six homes in the east building feature patios. Select residences add larger fenced yards, premium end unit positioning, or additional windows that enhance natural light. Built by a trusted Pacific Northwest Street of Dreams builder with over 20 years of experience, known for purposeful design and precision craftsmanship. Designed for life. Crafted to last. The location supports sustained rental appeal with Gabriel Park, Multnomah Village shopping and dining, Barbur Boulevard transit, downtown Portland, and major employment centers all within easy reach. A rare opportunity to acquire an entire lease ready community with modern construction, several variations of outdoor spaces, and compelling long term potential in Southwest Portland.

Details

Updated on September 20, 2026 at 7:13 am
  • MLS# 258555663
  • Price $4,028,900
  • Property Size 9970 Sqft
  • Land Area 0.17 Acres
  • Garage Size x x
  • Year Built 2026
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Keller Williams Realty Portland Premiere
  • Agent Name Darryl Bodle
  • Office Phone 503-597-2444

Additional details

  • Listing Terms Cash, Conventional
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Heat Pump, Mini Split
  • Heating Mini Split
  • County Multnomah
  • Property Type MultiFamily
  • Parking On Street
  • Elementary School Capitol Hill
  • Middle School Jackson
  • High School Ida B Wells

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