# 8410 SE 21ST Ave, Portland, OR 97202

> **TL;DR:** 6bd/5ba residential multi family, $970,000 ($293/sqft), built 1909, 3,309 sqft. Est. $4,203/mo. Listed 213 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $970,000 |
| Price/sqft | $293 |
| Bedrooms | 6 |
| Bathrooms | 5 full |
| Square Feet | 3,309 |
| Year Built | 1909 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 213 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,203 |
| **Total** | **$4,203** |

## Nearby Schools

- **Elementary:** Duniway
- **Middle:** Sellwood
- **High:** Cleveland

## Property Highlights

- Built in 1909
- 0.23 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 8410 SE 21ST Ave, Portland, OR 97202
- **County:** Multnomah
- **Neighborhood:** SELLWOOD-MORELAND
- **Coordinates:** 45.461964, -122.642811
- **Google Maps:** https://www.google.com/maps?q=45.461964,-122.642811

## Listing Agent

- **Name:** Jason Maycumber
- **Brokerage:** Redfin
- **Phone:** 5038059197
- **Email:** Jason.Maycumber@redfin.com

## Primary Photo

![8410 SE 21ST Ave - Primary Photo](http://lh.rdcpix.com/51036cb04d85d8c550773c02a72834a9l-f2259858684r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/8410-se-21st-ave-portland-or-97202-89001689)*

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**MLS#:** 389001689 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/8410-se-21st-ave-portland-or-97202-89001689)

---

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