8410 SE 21ST AVE, Portland, OR 97202

Building Details

Year Built

1909

Listing office Keller Williams Realty Professionals a***@gmail.com Show Phone

Listing date Sep 9, 2025

Source Premierepropertygroup

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This property is a well-maintained 5-plex designed for residential income. The unfinished basement provides additional space and may offer an opportunity to add a sixth dwelling unit, subject to buyer verification and required approvals. Recent exterior upgrades include fresh paint in August 2025, reinforced fire escapes, and low-maintenance landscaping with open grassy areas and outdoor space for tenants.

Set on an oversized lot and zoned RM1, the site supports multiple planning paths for both near-term improvement and longer-term growth, subject to buyer verification of feasibility under current code. The property is positioned near parks, schools, boutique shops, and public transit, supporting resident convenience in the surrounding area.

For investors or buyers seeking an income-producing multifamily asset with room to improve, the in-place rental setup paired with an unfinished basement can be a practical starting point for value-add work. The RM1 zoning and generous lot size also make it worth evaluating redevelopment or expansion options, again subject to confirmation with local requirements and permitting. Please do not disturb tenants; all offers are subject to interior inspection.

Suggested Use

Dental Office Computer & Electronic Repair Nursing Home Nursing Home Tech Support Center Barber Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage Electronics & Wireless Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.6428173

Latitude

45.4619527

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FAQs

What type of property is this?

Apartment building - Well-maintained 5-plex on an oversized RM1-zoned lot with an unfinished basement offering value-add possibilities.

Where is this apartment building located?

The property is located at 8410 SE 21ST AVE Portland, OR.

What is the asking price?

The asking price for this property is $930,000.

What are key features of this property?

This property features: 5‑plex with 5 units (2x 2BR/1BA, 1x 2BR/1BA, 2x 1BR/1BA) and monthly rents of $1,395, $1,026, $1,188, $1,045, and $1,045; 0.23‑acre corner lot (level) with RM1 zoning and 3 paved parking spaces; 3,309 SF total building area built in 1909 with lap siding and wood siding exterior