8410 SE 21ST AVE

Portland, OR 97202
Square Ft.
3,309
$995,000
Exceptional Sellwood/Moreland 5-Plex with Rare Development Potential. An incredible opportunity in one of Portland’s most desirable rental markets. This well-maintained, income-producing 5-plex sits on an oversized RM1-zoned lot, offering multiple paths for both immediate and long-term upside. See photo of vacant 1bed/1bath unit. The unfinished basement offersRead MoreRead Less
Listing courtesy of Redfin.
Listing Snapshot
Days Online
144
Last Updated
Square Ft.
3,309
Lot Size
0.23 Acres
Year Built
1909
MLS Number
389001689
30 Days Snapshot Of 97202
$588k
-6%
(avg) sold price
18
-18%
homes sold
76
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property
Zoning: R2, Number Of Units Total: 5, Property Condition: Existing
Property Access
Road Surface Type: Paved
Basement
Basement: FullBasement, StorageSpace, Unfinished
Building
Building Area Total: 3309, Built in 1909, Storage: Basement, IndividualStorageUnits, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
Expenses
Operating Expense: $30,979
Exterior Features
Exterior Description: LapSiding, WoodSiding
Heating
Heating: WallFurnace
Income
CAP Rate: 3.33, Gross Income: $64,118, Gross Rent Multiplier: 15.52, Net Operating Income: $33,139
Lot
Features: CornerLot, Level, Size Acres: 0.23, Size Range: SqFt10000to14999, Size Square Feet: 10,018, Size: 10,000 to 14,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, Leases, RentRecords
Parking
Features: Paved, 3 total parking spots
Roof
Roof: Composition
Security Features
Features: Entry, FireEscape
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $11,512, Legal Description, Tax Year: 2025
Unit One
Actual Rent: $1,081, Area: 971, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $934, Area: 418, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom
Unit Three
Actual Rent: $1,117, Area: 642, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Four
Actual Rent: $1,045, Area: 451, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Unit Five
Actual Rent: $1,172, Area: 420, Features: Range, Refrigerator, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Erika George and Kari McGee
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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.