About 8438 Se 21st Ave
Well-located 8-unit apartment investment offers a unique mix of historic character and newer construction in Portland’s desirable Sellwood neighborhood. The property includes two fully renovated units within the original 1906 residence, complemented by six townhome-style units constructed as part of the property’s redevelopment.The unit mix consists of three 2-bedroom/1.5-bath units, three 1-bedroom units, and two studios. Situated at the corner of SE Sherrett Street and SE 21st Avenue, directly across from Johnson Creek Park, the property benefits from a quiet residential setting, ample street parking, and an attractive neighborhood and park-like atmosphere.
Features of 8438 Se 21st Ave
| MLS® # | 582033380 |
|---|---|
| Price | $2,325,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,189 |
| Acres | 0.12 |
| Year Built | 2023 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 8438 Se 21st Ave |
|---|---|
| Area | 143 - Portland Southeast |
| Subdivision | SELLWOOD-MORELAND |
| City | Portland |
| County | Multnomah |
| State | OR |
| Zip Code | 97202 |
Amenities
| Parking | On Street |
|---|---|
| View | Park/Greenbelt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Mini Split |
|---|---|
| Cooling | Mini Split |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Cement Siding |
|---|---|
| Lot Description | Corner Lot, Level |
| Roof | Composition |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Duniway |
|---|---|
| Middle | Sellwood |
| High | Cleveland |
Additional Information
| Date Listed | September 14th, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | RM1 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Knipe Realty ERA Powered |
|---|---|
| Contact Info | 503-201-8537 |