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$3,998,900
211 Days On Site

8632 SW 21st AVE
Portland, OR 97219

For Sale|Multi Family|Active
8
Beds
12
Total Baths
9,970
SqFt
$401
/SqFt
2026
Built
Subdivision:
MARKHAM
County:
Multnomah
Listing courtesy of Darryl Bodle of Keller Williams Realty Portland Premiere (503) 709-4632

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503-334-1515
8632 SW 21st AVE8632 SW 21st AVE8632 SW 21st AVE8632 SW 21st AVE
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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, 2½ 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.

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Listing Snapshot
Price 
$3,998,900
Days On Site 
211 Days
Bedrooms 
8
Inside Area (SqFt) 
9,970 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
2026
MLS® Number 
258555663
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
a month agoStatus changed to Active
4 months agoPrice changed to $3,998,900
7 months agoListing first seen on site
General Features
Acres 
0.17
Disclosures 
Exempt
Foundation 
Concrete Perimeter
Parking 
On Street
Property Condition 
New Construction
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
9970
Water Source 
Public
Zoning 
RM1
Interior Features
Basement 
Crawl Space
Cooling 
Heat Pump
Heating 
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Exterior Features
Lot Features 
SlopedGentle Sloping
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_148
Roads 
Paved
Schools
School District
Unknown
Elementary School
Capitol Hill
Middle School
Jackson
High School
Ida B Wells
Listing courtesy of Darryl Bodle of Keller Williams Realty Portland Premiere (503) 709-4632



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Keller Williams Realty Portland Premiere are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-08-25 06:27 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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