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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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8632 SW 21st Ave , Portland, OR 97219
$3,998,900
Est. Payment: $20,107.14/mo
22 Bed
33 Bath
9970 Sqft
Status: active | Days on site: 178
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

2026

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Neighborhood

Markham

Listing ID

258555663

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:22
  • Bathrooms:33
  • Full Bathrooms:33
Air Cond:Heat Pump,MiniSplit
Fireplaces:
Basement:Crawl Space
Other:Public Water

Exterior Features

Lot:Gentle Sloping
Garage Capacity:0
Zoning:RM1
Roof:Composition
Others:New Construction
Sewer:Public Sewer
Parking Features:On Street

Open House

Upcoming Open Houses
Saturday 1:00 pm - 3:00 pm Jul 25
Principal Interest
$20,107
Taxes
$2,549

Home Price

$3,998,900

Loan Details

30 yrs
6.446%

Down Payment

20%
$799,780
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,107.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,107.14 $2,549.30 $0.00 $22,656.44
Yearly $241,285.65 $30,591.59 $0.00 $271,877.24
Total $7,238,569.61 $917,747.55 $0.00 $8,156,317.16

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-07-23T23:14:11.000Z

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