8632 SW 21st Ave, Portland, OR 97219

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
8632 SW 21st Ave,Portland, OR 97219
$4,699,900
  • - 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:$4,699,900
  • Price per sq. ft.:$471.4

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

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Home facts

  • Year built:2026
  • Listing ID #:258555663
  • Added:2 day(s) ago
  • Updated:January 30, 2026 at 12:20 PM

Rooms and interior

  • 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

Schools

  • High school:Ida B Wells
  • Middle school:Jackson
  • Elementary school:Capitol Hill

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,699,900
  • Price per sq. ft.:$471.4
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 Better Homes and Gardens Real Estate Equinox 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: January 30, 2026

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