8410 SE 21st Ave, Portland, OR 97202

Local realty services provided by:Columbia River Realty ERA Powered
8410 SE 21st Ave,Portland, OR 97202
$1,019,000
  • - Beds
  • - Baths
  • 3,309 sq. ft.
  • Multi-family
  • Active
Listed by:jason maycumber
Office:redfin
MLS#:389001689
Source:PORTLAND

Price summary

  • Price:$1,019,000
  • Price per sq. ft.:$307.95

About this home

Rare Sellwood/Moreland 5-Plex with Value-Add and Development Potential.Exceptional opportunity in the highly sought-after Sellwood/Moreland neighborhood—just minutes from parks, schools, shops, and public transit. This well-located 5-plex offers multiple paths for income growth and future development.One unit is currently vacant and being renovated, allowing a new owner the flexibility to occupy the unit or lease it at full market rent. The unfinished basement offers additional upside, with a layout suitable for conversion into a 6th unit (see floor plan in photos)—potentially increasing total annual rental income by over 22%.Situated on a spacious lot with RM1 zoning, the property provides development opportunities to add up to 10 additional units (buyer to verify). The exterior was freshly painted in August, and the low-maintenance yard features open grassy areas for tenants to enjoy outdoor activities.This property presents multiple avenues for value-add improvements, increased

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Home facts

  • Year built:1909
  • Listing ID #:389001689
  • Added:46 day(s) ago
  • Updated:October 26, 2025 at 11:19 AM

Rooms and interior

  • Living area:3,309 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1909
  • Building area:3,309 sq. ft.
  • Lot area:0.23 Acres

Schools

  • High school:Cleveland
  • Middle school:Sellwood
  • Elementary school:Duniway

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,019,000
  • Price per sq. ft.:$307.95
  • Tax amount:$11,512 (2025)
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 Columbia River Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: October 26, 2025

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