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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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8212 N Denver Ave , Portland, OR 97217
$3,500,000
Est. Payment: $17,598.59/mo
0 Bed
0 Bath
14100 Sqft
Status: active | Days on site: 155
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Evan Nelson , 310-422-6044 eXp Realty, LLC , 888-814-9613. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1911

County

Multnomah

Area

141 - Portland North

Neighborhood

Kenton

Listing ID

678823640

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:MiniSplit
Fireplaces:
Basement:Storage Space
Other:Public Water

Exterior Features

Lot:Level
Zoning:CM2
Others:Restored
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$17,599
Taxes
$1,414

Home Price

$3,500,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$700,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,598.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,598.59 $1,414.31 $0.00 $19,012.90
Yearly $211,183.02 $16,971.76 $0.00 $228,154.78
Total $6,335,490.67 $509,152.80 $0.00 $6,844,643.47

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T05:14:11.000Z

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