$1,019,000

8410 SE 21st Ave Portland, OR 97202

Sellwood Neighborhood

Estimated payment $6,328/month

Total Views 1,805
5 Beds
5 Baths
3,309 Sq Ft
$308 Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • Corner Lot
  • Wood Siding
  • Duniway Elementary School Rated 9+
  • Controlled Entrance
  • 2-minute walk to Johnson Creek Park

About This Home

Unique opportunity with this Sellwood/Moreland neighborhood 5-plex. Close to so many amenities, a short distance to parks, schools and public transit. One unit is currently vacant, but being renovated, offering flexibility for a new owner to possibly live in the unit or put their own tenant into it, at a full market rate. Unfinished basement could be a 6th unit (see floor plan layout in photos), quickly adding over 22% in total annual rents. Lot size and RM1 zoning allows for development opportunities, to add additional units (possibly up to 10 more). Buyer to verify. Exterior was painted in August. Easy care, low maintenance yard with large grass areas for outdoor activities during our sunny months. This property offers multiple options for adding value and additional income streams. Please do not disturb tenants.

Listing Agent

Jason Maycumber

Redfin License #200302022 Listed on: 09/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,098

Year Built

  • Built in 1909

Lot Details

  • 10,018 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 3,309 Sq Ft Home
  • 2-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 3 Parking Spaces
  • Paved Parking
  • Controlled Entrance

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number R268008

Community Details

Overview

  • 5 Units
  • Sellwood Moreland Subdivision

Building Details

  • Operating Expense $30,979
  • Gross Income $64,118
  • Net Operating Income $33,139

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,098

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1909
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, StorageSpace, Unfinished
  • Storage: Basement,IndividualStorageUnits
  • Total Bedrooms: 5
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Security: Entry, FireEscape
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Duniway
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R268008

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 11098.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 15.89
  • Annual Gross Income: 64118.0
  • Property Net Operating Income: 33139.0
  • Annual Operating Expense: 30979.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $1,019,000 +19.9% $308 / Sq Ft
08/15/2023 08/15/23 Sold $850,000 0.0% $257 / Sq Ft
08/15/2023 08/15/23 Sold $850,000 -5.5% $257 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/16/2023 06/16/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $899,000 0.0% $272 / Sq Ft
04/18/2023 04/18/23 Price Changed $899,000 -5.4% $272 / Sq Ft
03/24/2023 03/24/23 For Sale $950,000 0.0% $287 / Sq Ft
02/27/2023 02/27/23 For Sale $950,000 -- $287 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 389001689

Regional Multiple Listing Service (RMLS)

APN: 1S1E23DD 06100

Oregon Multnomah County Portland 97202 Sellwood

8410 SE 21st Ave, Portland, OR

This home is located at 8410 SE 21st Ave, Portland, OR 97202 and is currently priced at $1,019,000, approximately $307 per square foot. This property was built in 1909. 8410 SE 21st Ave is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Jason Maycumber
Listing Agent
Jason Maycumber
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Redfin
(503) 755-1576