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8212 N Denver Ave, Portland, OR 97217

$3,500,000

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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.

8212 N Denver Ave | MLS# 678823640

This multi-family property located at 8212 N Denver Ave, Portland, OR 97217 is currently listed for sale with an asking price of $3,500,000. Search Portland real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: StorageSpace
Cooling: MiniSplit
Fuel Type: Electricity
Heating: Mini Split, WallHeater
Stories: 3.0
Taxes: $16,972
Year Built: 1911
Square Feet: 14,100

Feature Descriptions

Days on Site: 11
Exterior: Brick, Wood Siding
Gross Income: $277260.00 (Actual)
Hot Water: Tankless
Lot: Level
Net Income: $221208.00 (Actual)
Operating Expenses: $56052.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Storage: Basement
Water: Public Water

Local Schools

High School: Jefferson
Middle School: Ockley Green
Elementary School: Peninsula

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC
Agency Contact: 310-422-6044

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 20,133.07 per month $17,697.90 Principal & Interest $1,414.33 Property Tax $1,020.83 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 12:04:50 AM EST) or RMLS (last updated Mon 03/02/2026 11:58:17 PM EST) or COAR/MLSCO (last updated Tue 03/03/2026 12:01:16 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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