8632 SW 21st AVE, Portland, OR 97219
- $3,998,900
- 9,970
- SqFt
- List Price
- $3,998,900
- Price Change
- ▼ $370,000 1784786381
- Days on Market
- 183
- MLS#
- 258555663
- Property Type
- Multifamily
- Sqft. of Residence
- 9,970
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Portland NW/ SW/ S, Raleigh Hills
- Status
- ACTIVE
Property 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.
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Additional Information
- Year Built
- 2026
- High School
- Ida B Wells
- Elementary School
- Capitol Hill
- Middle School
- Jackson
- Acres
- 0.17
- Living Area
- 9,970
- Stories
- 2
- Subdivision
- MARKHAM
- Terms
- Cash, Conventional
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Board & Batten Siding, Cement Siding, Lap Siding, Panel
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- On Street
- Security Or Entry
- Sidewalk
- Parking Description
- On Street
- Covenants/Restrictions
- Yes
- Road Surface
- Paved
- Number Of Units Total
- 11
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 2400
- Unit Type One Sq Ft
- 905
- Unit Type One Units Total
- 7
- Unit Type Two Baths Total
- 3
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 2
- Unit Type Three Baths Total
- 3
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 2500
- Unit Type Three Sq Ft
- 908
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 3
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 2600
- Unit Type Four Sq Ft
- 905
- Unit Type Four Units Total
- 1
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Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.