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.
Active
$3,500,000
8212 N Denver Ave, Portland, OR 97217
--beds
0baths
14,100sqft
Multi Family
Built in 1911
-- sqft lot
$-- Zestimate®
$248/sqft
$-- HOA
What's special
Mostly street-facing storefronts
- 138 days |
- 209 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Evan Nelson 310-422-6044,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 678823640
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Mini Split
Cooling
- Has cooling: Yes
Appliances
- Included: Tankless Water Heater
- Laundry: Common Area
Features
- Basement: Storage Space
Interior area
- Total structure area: 14,100
- Total interior livable area: 14,100 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 5,227 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Parcel number: R196181
- Zoning: CM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
Condition
- Restored
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
- Security: Entry
- Subdivision: Kenton
Location
- Region: Portland
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $1,400,610
- Annual tax amount: $16,971
- Date on market: 2/18/2026
- Listing terms: Cash,Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $3,500,000$248/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | $13,462 +14% | $515,810 +3% |
| 2016 | $11,807 | $500,790 +3% |
| 2015 | $11,807 | $486,210 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Kenton
Nearby schools
GreatSchools rating
- 9/10Peninsula Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Ockley GreenGrades: 6-8Distance: 1.1 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Peninsula
- Middle: Ockley Green
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Multnomah County
- Portland
- 97217
- Kenton
- 8212 N Denver Ave








