821 NW 16th Ave, Portland, OR, 97209
About This Home
Amazing opportunity on this mixed-use classic in niche NW Portland Neighborhood zoned CM3! The property would be great used as a Live/Work space, duplex for residential or investment for both residential AND commercial. The main level is used as office space with great flow and both community space and private office. The upstairs apartment is light-filled and open with 4 bedrooms, 2 bathrooms and an open floor plan. To top it all off, there is hard-to-find INTERIOR parking for up to 6 cars for the resident...or rent it out as a separate space! Tons of potential and close to everything! Great access to shopping, NW 23rd, restaurants, freeway access, parks, downtown and endless entertainment. Don't miss your chance to invest in NW!
Getting Around
Walker's Paradise
Excellent Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1904
Materials
- Roof: Composition
- Construction materials: Cedar,Lap Siding,Other
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator,Washer/Dryer,Electric Water Heater
- Laundry features: Washer Dryer Hookup
Basement
- Has basement: Yes
- Basement: Exterior Entry,Full,Unfinished,Storage Space
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
Features
- Storage
- Flooring: Wood
Heating & Cooling
- Heating features: Ductless,Mini Split
- Cooling features: Air Conditioning
Interior Area
- Total structure area: 5,088
- Total interior livable area: 5,088 sqft
Property
Details
- Parcel number: R140805
- Zoning: CM3
Features
- Stories: 3
Lot
- Lot size: 3,484 sqft
- Features: SqFt 3000 to 4999
Parking
- Total spaces: 6
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 6
- Covered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Multnomah County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $193 | $2,316 |
| Property Taxes | $764 | $9,168 |
| Electricity | $461 | $5,541 |
| Total | $5,968 | $71,616 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-04 | Listed for sale | $899,900 |
| 2026-04-29 | Pending sale | $899,900 |
| 2026-04-15 | Price change | $899,900 |
| 2026-03-25 | Price change | $949,900 |
| 2026-02-18 | Price change | $999,900 |
| 2026-01-13 | Price change | $1,050,000 |
| 2025-12-05 | Price change | $1,099,000 |
| 2025-11-06 | Price change | $1,149,900 |
| 2025-10-08 | Price change | $1,199,900 |
| 2025-09-04 | Price change | $1,249,900 |
| 2025-07-15 | Price change | $1,349,000 |
| 2025-03-25 | Listed for sale | $1,450,000 |
| 2015-05-01 | Sold | $734,500 |
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