8632 SW 21st Ave, Portland, OR 97219
Local realty services provided by:Knipe Realty ERA Powered
8632 SW 21st Ave,Portland, OR 97219
$4,418,900
- - Beds
- - Baths
- 9,970 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, kelly christian
Office: keller williams realty portland premiere
MLS#:258555663
Source:PORTLAND
Price summary
- Price:$4,418,900
- Price per sq. ft.:$443.22
About this home
New construction 11-unit condominium community located in Portland’s desirable Markham neighborhood, offering investors a rare opportunity to acquire a modern, low-maintenance asset with immediate lease-up potential. All units are currently vacant and move-in ready, allowing for rapid tenant placement and quick income stabilization. Each well-designed unit ranges from approximately 905 to 908 square feet and features 2 bedrooms and 2.1 bathrooms, including dual en-suite bedrooms that support strong tenant demand and premium rents. The main living level offers an open great room layout anchored by a spacious kitchen island with eat bar, creating an efficient and highly rentable floor plan. Outdoor living is thoughtfully differentiated by building, with five units in the west building offering private decks off the living room slider, while six units in the east building include patio spaces accessed directly from the living room. Select street-facing units add further upside, including Unit 8610 #6 with a fenced yard space and Unit 8630 #1 featuring additional windows that enhance natural light throughout the home. Energy-efficient mini-split systems provide heating and cooling throughout, helping control operating costs, and all units include in-unit laundry located between the bedrooms. Built by a respected Street of Dreams builder known for high quality finishes and efficient use of space, this community benefits from durable construction and reduced near-term capital expenditure. The Markham location offers proximity to Gabriel Park, Multnomah Village shopping and dining, Barbur Boulevard transit access, and convenient routes to downtown Portland and major employment centers, supporting consistent rental demand. An ideal acquisition for investors seeking a turnkey, lease-ready asset with strong rentability, low maintenance, and long-term hold appeal in Southwest Portland....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:258555663
- Added:49 day(s) ago
- Updated:March 18, 2026 at 11:17 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:9,970 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Mini Split
Structure and exterior
- Roof:Composition
- Year built:2026
- Building area:9,970 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Gentle Sloping
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Ida B Wells
- Middle school:Jackson
- Elementary school:Capitol Hill
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,418,900
- Price per sq. ft.:$443.22
Parking
- Parking description:On street
New listings near 8632 SW 21st Ave
- New
$605,000Active2 beds 3 baths1,676 sq. ft.4715 NE Everett St, Portland, OR 97213
MLS# 322011144Listed by: PORTLAND MODERN REAL ESTATE - New
$730,000Active4 beds 2 baths2,695 sq. ft.1725 NE 61st Ave, Portland, OR 97213
MLS# 413212026Listed by: CORE, REALTORS - Open Sat, 1 to 4pmNew
$274,900Active2 beds 1 baths827 sq. ft.1500 SW Park Ave #422, Portland, OR 97201
MLS# 746352258Listed by: WHERE, INC - New
$236,000Active2 beds 1 baths814 sq. ft.1914 NW 143rd Ave, Portland, OR 97229
MLS# 776680801Listed by: KELLER WILLIAMS SUNSET CORRIDOR - New
$1,395,000Active2 beds 3 baths1,942 sq. ft.2351 NW Westover Rd #702, Portland, OR 97210
MLS# 126455185Listed by: WINDERMERE REALTY TRUST - New
$399,900Active2 beds 3 baths818 sq. ft.3213 SE 28th, Portland, OR 97202
MLS# 182635140Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE - New
$449,000Active3 beds 3 baths1,758 sq. ft.13385 SW Kingston Pl, Portland, OR 97223
MLS# 365320294Listed by: BARNES PORTLAND - New
$559,000Active3 beds 2 baths1,367 sq. ft.5803 SW 56th Ave, Portland, OR 97221
MLS# 651058527Listed by: LIKE KIND REALTY - New
$449,000Active3 beds 1 baths2,292 sq. ft.2911 SE 52nd Ave, Portland, OR 97206
MLS# 676277335Listed by: KELLER WILLIAMS PDX CENTRAL - Open Sat, 11am to 1pmNew
$585,000Active3 beds 2 baths2,960 sq. ft.656 NE 148th Ave, Portland, OR 97230
MLS# 681263845Listed by: ENGEL & VOLKERS PORTLAND ROSE CITY