8632 SW 21st Ave

Portland, OR 97219
  • $3,998,900

    Price
  • 22

    Bed
  • 33

    Bath
  • 9,970

    SqFt

About the Listing KWPP01 - BODLEDAR,CHRISTKV

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.

Listing Highlights

Status Active
Days on Site 183
Property Type Multi-Family
MLS ® 258555663
Year Built 2026
Total Square Footage 9,970
Lot/Acreage 0.17
County Multnomah
Neighborhood Markham
Elementary School Capitol Hill
Middle School Jackson
High School Ida B Wells

Interior Details

  • Bedrooms: 22
  • Bathrooms: 33 Full
  • Appliances:
  • Air Cond: Heat Pump,MiniSplit
  • Heating: Mini Split
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Gentle Sloping
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: RM1
  • Roof: Composition
  • Others: New Construction
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: New Construction
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

8632 SW 21st Ave Portland, OR 97219

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Originating MLS: Regional Multiple Listing Service, Inc.

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Jenn Smart

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