8410 SE 21ST AVE new

Portland,OR 97202

$ 1019000

- Bed

- Bath

3309 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,309 sqft

Price per Sqft $307

Subdivision Sellwood-Moreland

MLS Listing ID 389001689

Year Built 1909

Annual Tax Amount $11,098

Tax Year 2025

Lot Size 10,018 Sqft

Property Description

Unique opportunity with this Sellwood/Moreland neighborhood 5-plex. Close to so many amenities, a short distance to parks, schools and public transit. One unit is currently vacant, but being renovated, offering flexibility for a new owner to possibly live in the unit or put their own tenant into it, at a full market rate. Unfinished basement could be a 6th unit (see floor plan layout in photos), quickly adding over 22% in total annual rents.  Lot size and RM1 zoning allows for development opportunities, to add additional units (possibly up to 10 more). Buyer to verify. Exterior was painted in August. This property offers multiple options for adding value and additional income streams. Please do not disturb tenants.

Location

State OR

County Multnomah

Area _143

Zoning R2

Interior

Heating Wall Furnace

Exterior

Roof Type Composition

Building

Lot Description Corner Lot, Level

Story 2

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Duniway

Middle Schools Sellwood

High Schools Cleveland

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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