8212 N DENVER AVE, Portland, OR 97217
- $3,500,000
- 14,100
- SqFt
- List Price
- $3,500,000
- Days on Market
- 160
- MLS#
- 678823640
- Property Type
- Multifamily
- Sqft. of Residence
- 14,100
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland North
- Status
- ACTIVE
Property Description
Welcome to 8212 N Denver Ave, an outstanding investment opportunity in the vibrant Kenton neighborhood of North Portland. Extensively remodeled since its 2018 acquisition, this well-located property offers a dynamic mix of retail and residential units with strong income potential and modern appeal.The main level features three fully leased commercial spaces, currently home to a popular restaurant, an established salon, and a local record shop. These mostly street-facing storefronts benefit from high visibility and steady foot traffic along N Denver Ave, making them ideal for retail and service-based businesses. Each commercial unit is individually metered.Upstairs, the second floor includes 11 residential units catering to modern urban lifestyles. The mix features (2) one-bedroom apartments with full bathrooms and kitchenettes, and an additional (9) thoughtfully designed micro units. These include one double-sized micro unit with an in-unit kitchenette, seven standard micro units with kitchenettes (cabinetry, shelving, sinks, mini fridges), and one streamlined unit without a kitchenette—offering an efficient, affordable housing solution.Residents enjoy shared amenities that enhance livability, including a large common kitchen and dining space, an enclosed grilling area with built-in BBQ, seating, and gas fire pit, plus a rear deck with additional seating and elevated views. Additional conveniences include a washer/dryer closet, two powder rooms, and two dedicated shower rooms, all maintained for resident comfort.A spacious, mostly open basement currently includes three secured storage units, with room for additional build-out or flexible repurposing.Located in a walkable, bike-friendly area near transit, parks, and local businesses, 8212 N Denver Ave is ideal for investors or owner-users seeking strong income, flexibility, and long-term value in one of Portland’s most desirable up-and-coming neighborhoods.
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Additional Information
- Tax Amount
- $16,971
- Year Built
- 1911
- High School
- Jefferson
- Elementary School
- Peninsula
- Middle School
- Ockley Green
- Acres
- 0.12
- Living Area
- 14,100
- Stories
- 3
- Subdivision
- Kenton
- Terms
- Cash, Other
- Cooling Description
- Mini Split
- Fuel Description
- Electricity
- Heating Description
- Mini Split, Wall Heater
- Hoa Rent Includes
- Electricity, Gas, Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Tankless
- Exterior Description
- Brick, Wood Siding
- Sewer Description
- Public Sewer
- Parking
- On Street
- Security Or Entry
- Entry
- Parking Description
- On Street
- Road Surface
- Paved
Mortgage Calculator
Listing courtesy of eXp Realty, LLC.
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