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8212 N Denver Ave, Portland, OR, 97217

--beds
0baths
14,100sqft
$3,500,000
$248price/sqft
$22,728/moest. monthly cost
$909,120/yrincome needed

About This Home

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.

Getting Around

84
WalkingVery Walkable
54
TransitGood Transit
97
BikeBiker's Paradise

Schools

9/10
8/10
Ockley GreenGrades 6-81.1 mi
5/10
Jefferson High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Restored
  • Year built: 1911

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Tankless Water Heater
  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Storage Space

Heating

  • Heating features: Mini Split

Interior Area

  • Total structure area: 14,100
  • Total interior livable area: 14,100 sqft

Property

Details

  • Parcel number: R196181
  • Zoning: CM2

Features

  • Stories: 3

Lot

  • Lot size: 5,227 sqft
  • Features: Level,SqFt 5000 to 6999

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes