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$690,000
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Property Description
Excellent investment opportunity in one of Portland's most in-demand rental markets: half a block from SE Hawthorne. This 1922 Bungalow has been rented as a non-conforming duplex for years with two income-generating units, offering flexibility for an owner-occupant, immediate lease-up, or short-term rental conversion. The lower level complete with kitchenette, is ideal as a guest suite or Airbnb and can rented month-to-month, adding operating flexibility without long-term lease constraints. The garage has been separately rented in the past for an additional income. The property itself is charming, well-maintained, and updated. It features, refinished hardwood floors, updated kitchen with newer appliances, original built-ins, plus a fenced yard, single-car garage, and long driveway for added parking value. A rare combination of location, flexible unit mix, and low-maintenance in a high-demand, walkable neighborhood. 91 Walkscore + 95 Bikescore [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249667]
Full Property Details
Full Property Details for 1536 SE 21st Ave
General
- Sold For: $690,000
- Taxes: $7,666 (2025)
- Status: Sold
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 695697071
- Added to Site: 58 day(s) ago
Rental Information
- Rent Includes: None
Additional Information
- Security/Safety: Sidewalk
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, Off Street
Location
- County: Multnomah
- Subdivision: COLONIAL HEIGHTS/HAWTHORNE
- Driving Directions: SE Hawthorne to 21st
School Information
- Midd School District: Hosford
- Elementary School: Abernethy
- Middle School: Hosford
- High School: Cleveland
Community
- Community Name: 143 - Portland Southeast
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air - 95+%
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Exterior Entry, Full Basement, Separate Living Quarters/Apartment/Aux Living Unit
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,974
- Year Built: 1922
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
Green Features
- Green Certified: Yes
Financial Considerations
- Operating Expenses: $10,566
- Tax Amount: $7,666.89
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Reports: Disclosure
- Property ID: R138030
Listed by Urban Nest Realty (503) 432-8126, Beth Friesenhahn (503) 333-8310
Sold by Living Room Realty (503) 719-5588, Jamila Minnis
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Schools
Schools serving 1536 SE 21st Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Abernethy Elementary School 2421 Southeast Orange Avenue, Portland, OR 97214 | K-5 | 0.6 mi |
Hosford Middle School 2303 Southeast 28th Place, Portland, OR 97214 | 6-8 | 0.5 mi |
Cleveland High School, Portland, OR 3400 Southeast 26th Avenue, Portland, OR 97202 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1536 SE 21st Ave
Date
Details
Price
Change
Source
8/03/2026
Sold
$690,000
0.73%
MLS
7/09/2026
Listed
$685,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1536 SE 21st Ave, Portland, OR 97214 (MLS# 695697071) is a Multi-Family property that was sold at $690,000 on August 03, 2026. Want to learn more about 1536 SE 21st Ave? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

