About This Home

This 3-bedroom, 4-bathroom residential multi family at 8438 SE 21ST Ave in Portland, OR is listed for $2,325,000 ($1,062 per sqft). Built in 2023, the home offers 2,189 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 2023
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
4 full
2023

Amenities

ViewA/C
Listing Description

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.

Monthly Cost Estimate

$12,435/mo

20% down · 6.5% · 30 years

Principal$1,681
Interest$10,075
Insurance$678

Estimates only. Actual payments may vary.

Location

8438 SE 21ST Ave

Portland, OR 97202

SELLWOOD-MORELAND

Property Details

Views

Park

Questions & Answers

This 3-bedroom, 4-bathroom residential multi family at 8438 SE 21ST Ave is listed at $2,325,000 ($1,062/sqft). The estimated monthly payment is $12,434 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023, 0.12 acre lot, 3 stories.

This property is listed by Daniel Silvey.

DS

Daniel Silvey

Agent at Knipe Realty NW Inc

Listed by Knipe Realty NW Inc · Broker phone: (360) 904-4463 · View on Broker Site

MLS# 582033380· Source: Regional Multiple Listing Services· 45 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8438 SE 21ST Ave, Portland, OR 97202

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