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  • $3,500,000

    8212 N Denver Ave, Portland, OR 97217

    --beds
    0baths
    14,100sqft
    : 
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    Multi Family
    Built in 1911
    -- sqft lot
    $-- Zestimate®
    $248/sqft
    $-- HOA

    What's special

    Mostly street-facing storefronts
    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.
    138 days
    |
    209
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Evan Nelson 310-422-6044,

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 678823640MLS Logo

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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

        DateEventPrice
        2/18/2026Listed for sale$3,500,000$248/sqft
        Source: RMLS (OR) #678823640 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        84 / 100
        Very Walkable
        55 / 100
        Good Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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.

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