About This Home

This 8-bedroom, 12-bathroom residential multi family at 8632 SW 21st Ave in Portland, OR is listed for $4,028,900 ($404 per sqft). Built in 2026, the home offers 9,970 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 2026
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
12 full
2026

Amenities

A/C
Listing Description

Acquire an entire new construction 11 unit condominium community in Portland's desirable Markham neighborhood, offering investors a turnkey portfolio with immediate lease up potential. All homes are vacant and move in ready, providing a clear path to tenant placement and income stabilization.

The offering includes 9,970 total square feet across 11 thoughtfully designed 2 bedroom, 2 1/2 bathroom residences, each spanning approximately 905 to 908 square feet. Every home features a bright great room layout. Kitchens are anchored by islands with eat bars and include solid surface countertops, stainless steel appliances, pantries, and generous cabinetry.

Upstairs, dual ensuite bedrooms provide privacy that appeals to roommates, remote workers, and guests. In unit laundry and efficient mini splits add everyday convenience and year round heating and cooling. Five homes in the west building offer private decks, while six homes in the east building feature patios.

Select residences add larger fenced yards, premium end unit positioning, or additional windows that enhance natural light. Built by a trusted Pacific Northwest Street of Dreams builder with over 20 years of experience, known for purposeful design and precision craftsmanship.

Designed for life. Crafted to last. The location supports sustained rental appeal with Gabriel Park, Multnomah Village shopping and dining, Barbur Boulevard transit, downtown Portland, and major employment centers all within easy reach. A rare opportunity to acquire an entire lease ready community with modern construction, several variations of outdoor spaces, and compelling long term potential in Southwest Portland.

Monthly Cost Estimate

$21,547/mo

20% down · 6.5% · 30 years

Principal$2,914
Interest$17,459
Insurance$1,175

Estimates only. Actual payments may vary.

Location

8632 SW 21st Ave

Portland, OR 97219

MARKHAM

Property Details

Cooling

Heat Pump

Questions & Answers

This 8-bedroom, 12-bathroom residential multi family at 8632 SW 21st Ave is listed at $4,028,900 ($404/sqft). The estimated monthly payment is $21,547 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2026, 0.17 acre lot, 2 stories.

This property is listed by Darryl Bodle.

DB

Darryl Bodle

Agent at Keller Williams Realty Portland Premiere

Listed by Keller Williams Realty Portland Premiere · Broker phone: (503) 880-4905 · View on Broker Site · Broker website

MLS# 258555663· Source: Regional Multiple Listing Services· 274 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.

8632 SW 21st Ave, Portland, OR 97219

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