# 8438 SE 21ST Ave, Portland, OR 97202

> **TL;DR:** 3bd/4ba residential multi family, $2,325,000 ($1062/sqft), built 2023, 2,189 sqft.
> View, A/C. Est. $12,434/mo. Listed 49 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,325,000 |
| Price/sqft | $1062 |
| Bedrooms | 3 |
| Bathrooms | 4 full |
| Square Feet | 2,189 |
| Year Built | 2023 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 49 |

## Why This Home Stands Out

- **Views** - Park

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $11,756 |
| Estimated Insurance | $678 |
| **Total** | **$12,434** |

## Nearby Schools

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

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 2023
- 0.12 acre lot
- 3 stories

## Description

### Agent 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.

## Location

- **Address:** 8438 SE 21ST Ave, Portland, OR 97202
- **County:** Multnomah
- **Neighborhood:** SELLWOOD-MORELAND
- **Coordinates:** 45.46162, -122.642773
- **Google Maps:** https://www.google.com/maps?q=45.46162,-122.642773

## Listing Agent

- **Name:** Daniel Silvey
- **Brokerage:** Knipe Realty NW Inc
- **Broker Phone:** (360) 904-4463
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/8438-SE-21st-Ave_Portland_OR_97202_M28748-84576?f=listhub&s=RMLSOR&m=582033380&c=propsimple)

## Photos

![8438 SE 21ST Ave - Photo 1](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2684477940r.jpg)

![8438 SE 21ST Ave - Photo 2](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2701542764r.jpg)

![8438 SE 21ST Ave - Photo 3](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f3197700988r.jpg)

![8438 SE 21ST Ave - Photo 4](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f1297379351r.jpg)

![8438 SE 21ST Ave - Photo 5](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2613962846r.jpg)

![8438 SE 21ST Ave - Photo 6](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f1204408807r.jpg)

![8438 SE 21ST Ave - Photo 7](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2542829570r.jpg)

![8438 SE 21ST Ave - Photo 8](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f563963005r.jpg)

![8438 SE 21ST Ave - Photo 9](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f3298067839r.jpg)

![8438 SE 21ST Ave - Photo 10](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f1219609127r.jpg)

![8438 SE 21ST Ave - Photo 11](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f12212543r.jpg)

![8438 SE 21ST Ave - Photo 12](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2831712663r.jpg)

![8438 SE 21ST Ave - Photo 13](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f159517406r.jpg)

![8438 SE 21ST Ave - Photo 14](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2858909435r.jpg)

![8438 SE 21ST Ave - Photo 15](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f4232502981r.jpg)

![8438 SE 21ST Ave - Photo 16](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f3371056273r.jpg)

![8438 SE 21ST Ave - Photo 17](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2038912530r.jpg)

![8438 SE 21ST Ave - Photo 18](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f2119561921r.jpg)

![8438 SE 21ST Ave - Photo 19](http://lh.rdcpix.com/6ba0f28c54ec24b03cef7d83f0626296l-f1274766329r.jpg)

---

**MLS#:** 582033380 | **Updated:** 2026-11-01
**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://staging.propertysimple.ai/listing/8438-se-21st-ave-portland-or-97202-53a5a92cdb284b59878e2b3e299ced9d)

---

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