1536 SE 21st Ave, Portland, OR 97214

Local realty services provided by:ERA Freeman & Associates, Realtors
1536 SE 21st Ave,Portland, OR 97214
$685,000
  • - Beds
  • - Baths
  • 1,974 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Jul 11
    11:00 am - 01:00 pm
Listed by: beth friesenhahn
Office: urban nest realty503-432-8126
MLS#:695697071
Source:PORTLAND

Price summary

  • Price:$685,000
  • Price per sq. ft.:$347.01

About this home

Excellent investment opportunity in one of Portland's most in-demand rental markets: half a block from SE Hawthorne. This 1922 Bungalow has been rented as a non-conforming duplex for years with two income-generating units, offering flexibility for an owner-occupant, immediate lease-up, or short-term rental conversion. The lower level complete with kitchenette, is ideal as a guest suite or Airbnb and can rented month-to-month, adding operating flexibility without long-term lease constraints. The garage has been separately rented in the past for an additional income. The property itself is charming, well-maintained, and updated. It features, refinished hardwood floors, updated kitchen with newer appliances, original built-ins, plus a fenced yard, single-car garage, and long driveway for added parking value. A rare combination of location, flexible unit mix, and low-maintenance in a high-demand, walkable neighborhood. 91 Walkscore + 95 Bikescore [Home Energy Score = 5. HES Report at...

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Home facts

  • Year built:1922
  • Listing ID #:695697071
  • Added:1 day(s) ago
  • Updated:July 10, 2026 at 12:52 AM

Rooms and interior

  • Basement Description:Exterior Entry, Full Basement, Separate Living Quarters/apartment/aux Living Unit
  • Living area:1,974 sq. ft.

Heating and cooling

  • Heating:Forced Air 90+

Structure and exterior

  • Roof:Composition
  • Year built:1922
  • Building area:1,974 sq. ft.
  • Lot area:0.11 Acres
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:Cleveland
  • Middle school:Hosford
  • Elementary school:Abernethy

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$685,000
  • Price per sq. ft.:$347.01
  • Tax amount:$7,667 (2025)

Parking

  • Total parking spaces:1
  • Parking description:Driveway, Off Street
  • Garage spaces:1
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: July 10, 2026