8632 SW 21st AVE, Portland, OR 97219

Building Details

Year Built

2026

Listing office Keller Williams Realty Portland Premiere

Listing date Jan 26, 2026

Source Tripleoaksrealty

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Overview

This new-construction 11-unit condominium community is configured as two separate buildings, with five units in the west building featuring private decks off the living room slider and six units in the east building with patios accessed directly from the living room. Each residence is designed as a two-bedroom, 2.1-bath layout with an open great room and a kitchen anchored by a spacious island with an eat bar. Select street-facing units include extra outdoor space and enhanced natural light. Energy-efficient mini-split systems provide heating and cooling throughout, and all units include in-unit laundry located between the bedrooms.

Located in Portland’s Markham neighborhood, the community offers proximity to Gabriel Park and Multnomah Village shopping and dining. Transit access is available via Barbur Boulevard, with convenient routes to downtown Portland and major employment centers.

All units are currently vacant and move-in ready, supporting immediate tenant placement. The combination of modern, low-maintenance design, efficient heating and cooling, and functional 2-bedroom, dual en-suite-style bedroom planning makes the property well suited for investors seeking a turnkey residential income asset in Southwest Portland.

Suggested Use

Building Supply HVAC Service Nail Salon Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Pharmacy Barber Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Portland

County

Washington

State

Oregon

Longitude

-122.6987805

Latitude

45.462182

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FAQs

What type of property is this?

Apartment building - Newly built 11-unit condo community with move-in-ready two-bedroom residences and in-unit laundry.

Where is this apartment building located?

The property is located at 8632 SW 21st AVE Portland, OR.

What is the asking price?

The asking price for this property is $4,368,900.

What are key features of this property?

This property features: New construction 11‑unit condo community (Year Built 2026) in Portland’s Markham neighborhood; All 11 units are currently vacant and move‑in ready for rapid tenant placement; Each unit offers 2 bedrooms, 2.1 bathrooms, and approx. 905–908 SF of living space