For Sale199d on marketHistoric · 117 yrs
8410 SE 21st Ave
Portland, OR, 97202 • Sellwood-Moreland • Multnomah County
$995,000
$301/sqft
-$24,000 since Nov 6, 2025
6Beds
5Baths
3,309Sqft
0.23 acLot
1909Built
Property DNA
Character Home
Built 1909 · 117 years of history
Sellwood-Moreland
Sellwood-Moreland
Enhanced Security
Entry · Fire Escape
This home is getting attention
Listed 199 days ago · 454 views · 13 saves
Market activity
Demand and pricing signals for this listing
454 views
People checking out this listing
13 saves
Buyers have saved this home
199 days on market
Established listing
$301/sqft
Price per square foot
About this home
Multi Family · Built 1909 · Historic
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. The unfinished basement offers a strong value-add opportunity, with a layout well-suited for conversion into a 6th dwelling unit (buyer to verify), potentially increasing annual income by more than 20%. The spacious lot and RM1 zoning open the door to future redevelopment, with potential to add up to 10 new units under current code (buyer to verify). Investors and developers alike will appreciate the rare combination of strong in-place income and significant expansion potential within this high-demand, walkable neighborhood. Recent exterior upgrades include fresh paint (August 2025) reinforced fire escapes, low-maintenance landscaping, featuring open grassy areas and outdoor spaces enjoyed by tenants. Close to parks, schools, boutique shops, and public transit, this property stands out as a prime candidate for portfolio growth or redevelopment in the heart of Sellwood/Moreland. Please do not disturb tenants. All offers subject to interior inspection.
Standout features identified
Our analysis highlights reinforced fire escapes, open grassy areas, and low-maintenance landscaping as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,253/month
Principal & Interest$4,926
Property Tax$995
Insurance$332
Down payment20% ($199,000)
3%50%
Est. 6.30% rate · 30yr fixed · $796,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1909
HeatingWall Furnace
Parking3 Parking spaces
Days on Zillow199 Days
Price/sqft$301
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionExisting
Year built1909
Stories2
Systems
HeatingWall Furnace
RoofComposition
ConstructionLap Siding, Wood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingPaved
BasementFull,Storage Space,Unfinished
Lot10,018 sqft
Location & Tax
NeighborhoodSellwood-Moreland
ZoningR2
Annual tax$11,512
ParcelR268008
Bathrooms & Fees
Full baths5
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher
Range
Refrigerator
Electric Water Heater
Tank Water Heater
Heating
Wall Furnace
Windows
Window Coverings
Exterior Features
Parking
Paved
Construction
Lap Siding
Wood Siding
Lot Features
Corner Lot
Level
SqFt 10000 to 14999
Security
Entry
Fire Escape
Listing insights
Market data and value estimates
StatusFor Sale
Days on market199
Tax rate0.96%
Price/sqft$301
On marketSep 9, 2025
PostedSep 9, 2025
Last sold$850,000
MLS statusActive
MLS updatedMar 18, 2026
Tour days9
Views454
Favorites13
How are the schools in Portland?
3 schools rated nearby
Location
Portland, OR, 97202
Price history
10 events
DateEventPrice$/sqftSource
Mar 18, 2026Listed For Sale$995,000$301RMLS (OR)
Feb 9, 2026Pending Sale$995,000$301RMLS (OR)
Nov 6, 2025Price Change$995,000$301RMLS (OR)
Sep 9, 2025Listed For Sale$1,019,000$308RMLS (OR)
Aug 15, 2023Sold$850,000$257RMLS (OR)
Jun 16, 2023Pending Sale$899,000$272RMLS (OR)
Apr 18, 2023Price Change$899,000$272RMLS (OR)
Feb 27, 2023Listed For Sale$950,000$287RMLS (OR)
Apr 21, 2017Listing Removed$850—Team B Portfolio
Mar 21, 2017Listed For Rent$850—Team B Portfolio
Listed For Sale$995,000
Mar 18, 2026•$301/sqft•RMLS (OR)
Pending Sale$995,000
Feb 9, 2026•$301/sqft•RMLS (OR)
Price Change$995,000
Nov 6, 2025•$301/sqft•RMLS (OR)
Listed For Sale$1,019,000
Sep 9, 2025•$308/sqft•RMLS (OR)
Sold$850,000
Aug 15, 2023•$257/sqft•RMLS (OR)
Pending Sale$899,000
Jun 16, 2023•$272/sqft•RMLS (OR)
Price Change$899,000
Apr 18, 2023•$272/sqft•RMLS (OR)
Listed For Sale$950,000
Feb 27, 2023•$287/sqft•RMLS (OR)
Listing Removed$850
Apr 21, 20170•Team B Portfolio
Listed For Rent$850
Mar 21, 20170•Team B Portfolio
Nearby homes
Neighborhood details
Local context around this listing
Portland, OR • Multnomah County
Nearby neighborhoods
Cedar MillCentennialDowntownHazelwoodLentsMontavillaNorthwestPowellhurst GilbertRichmondSt.Johns
Nearby cities
Bridal VeilCorbettFairviewGreshamPortlandRhododendronTroutdaleWood Village
Nearby zip codes
97202972039720697217972199722997230972339723697266
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