8410 SE 21st Ave, Portland, OR 97202
Local realty services provided by:CENTURY 21 North Homes Realty
8410 SE 21st Ave,Portland, OR 97202
$930,000
- - Beds
- - Baths
- 3,309 sq. ft.
- Multi-family
- Active
Listed by: jason maycumber
Office: redfin503-496-7620
MLS#:389001689
Source:PORTLAND
Price summary
- Price:$930,000
- Price per sq. ft.:$281.05
About this home
Exceptional Sellwood/Moreland 5-Plex with Rare Development Potential. An incredible opportunity in one of Portland’s most desirable rental markets. This well-maintained, income-producing 5-plex sits on an oversized RM1-zoned lot, offering multiple paths for both immediate and long-term upside. The unfinished basement offers a strong value-add opportunity, with a layout well-suited for conversion into a 6th dwelling unit (buyer to verify), potentially increasing annual income by more than 20%. The spacious lot and RM1 zoning open the door to future redevelopment, with potential to add up to 10 new units under current code (buyer to verify). Investors and developers alike will appreciate the rare combination of strong in-place income and significant expansion potential within this high-demand, walkable neighborhood. Recent exterior upgrades include fresh paint (August 2025) reinforced fire escapes, low-maintenance landscaping, featuring open grassy areas and outdoor spaces enjoyed by tenants. Close to parks, schools, boutique shops, and public transit, this property stands out as a prime candidate for portfolio growth or redevelopment in the heart of Sellwood/Moreland. Please do not disturb tenants. All offers subject to interior inspection....
Contact an agent
Home facts
- Year built:1909
- Listing ID #:389001689
- Added:296 day(s) ago
- Updated:July 03, 2026 at 12:35 PM
Rooms and interior
- Basement Description:Full Basement, Storage Space, Unfinished
- Living area:3,309 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1909
- Building area:3,309 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Corner Lot, Level
- Levels:2 Stories
Schools
- High school:Cleveland
- Middle school:Sellwood
- Elementary school:Duniway
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$930,000
- Price per sq. ft.:$281.05
- Tax amount:$11,512 (2025)
Parking
- Total parking spaces:3
- Parking description:Paved
New listings near 8410 SE 21st Ave
- New
$375,000Active3 beds 1 baths1,604 sq. ft.7029 SE 85th Ave, Portland, OR 97266
MLS# 145581535Listed by: PREMIERE PROPERTY GROUP, LLC - New
$689,000Active3 beds 2 baths1,422 sq. ft.8449 SW Alden St, Portland, OR 97223
MLS# 486767223Listed by: MORE REALTY - New
$450,000Active4 beds 2 baths1,844 sq. ft.10834 SE Long St, Portland, OR 97266
MLS# 490358410Listed by: KEY REALTY - New
$420,000Active3 beds 1 baths2,262 sq. ft.5415 N Fessenden St, Portland, OR 97203
MLS# 662892209Listed by: WINDERMERE REALTY TRUST - New
$1,250,000Active4 beds 3 baths3,385 sq. ft.2028 SE Ladd Ave, Portland, OR 97214
MLS# 152421307Listed by: RAREBIRD REAL ESTATE - New
$439,000Active0.24 Acres14292 NW Lakeshore Ct, Portland, OR 97229
MLS# 174258529Listed by: REALTYNET, LLC - New
$675,000Active3 beds 2 baths2,208 sq. ft.3607 NE Liberty St, Portland, OR 97211
MLS# 179741201Listed by: KELLY RIGHT REAL ESTATE OF PORTLAND, LLC - New
$424,900Active-- beds -- baths1,560 sq. ft.2523 SE 138th Ave, Portland, OR 97236
MLS# 184199120Listed by: KELLER WILLIAMS REALTY PROFESSIONALS - New
$795,000Active3 beds 3 baths2,558 sq. ft.2769 NW Savier St, Portland, OR 97210
MLS# 427408495Listed by: KELLER WILLIAMS SUNSET CORRIDOR - Open Sun, 11am to 2pmNew
$849,900Active4 beds 3 baths2,244 sq. ft.16031 NE Wasco St, Portland, OR 97230
MLS# 616191287Listed by: SOLDERA PROPERTIES, INC