8438 SE 21st Ave, Portland, OR 97202

Local realty services provided by:Knipe Realty ERA Powered
8438 SE 21st Ave,Portland, OR 97202
$2,325,000
  • - Beds
  • - Baths
  • 2,189 sq. ft.
  • Multi-family
  • Active
Listed by:
Office: knipe realty era powered503-445-7660
MLS#:582033380
Source:PORTLAND

Price summary

  • Price:$2,325,000
  • Price per sq. ft.:$1,062.13

About this home

Well-located 8-unit apartment investment offers a unique mix of historic character and newer construction in Portland’s desirable Sellwood neighborhood. The property includes two fully renovated units within the original 1906 residence, complemented by six townhome-style units constructed as part of the property’s redevelopment.The unit mix consists of three 2-bedroom/1.5-bath units, three 1-bedroom units, and two studios. Situated at the corner of SE Sherrett Street and SE 21st Avenue, directly across from Johnson Creek Park, the property benefits from a quiet residential setting, ample street parking, and an attractive neighborhood and park-like atmosphere.

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Home facts

  • Year built:2023
  • Subdivision & Development:SELLWOOD-MORELAND
  • Listing ID #:582033380
  • Added:1 day(s) ago
  • Updated:September 15, 2026 at 01:29 AM

Rooms and interior

  • Living area:2,189 sq. ft.

Heating and cooling

  • Heating:Mini Split

Structure and exterior

  • Roof:Composition
  • Year built:2023
  • Building area:2,189 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Corner Lot, Level
  • Foundation Description:Concrete Perimeter
  • Levels:3 Stories

Schools

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,325,000
  • Price per sq. ft.:$1,062.13
  • Tax amount:$21,191 (2025)

Parking

  • Parking description:On street
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 Knipe Realty ERA Powered 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: September 15, 2026