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Heidi Torkko

heidi@heiditorkko.com +1(503) 351-9716

Listed by eXp Realty, LLC • 310-422-6044

$ 3,500,000

Est. payment | -/mo

14,100 SqFt

Save

$ 3,500,000

Est. payment | -/mo

Save

14,100 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,100 sqft

Price per Sqft $248

Subdivision Kenton

MLS Listing ID 678823640

Year Built 1911

Annual Tax Amount $16,971

Tax Year 2025

Lot Size 5,227 Sqft

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.

Location

State OR

County Multnomah

Community Laundry

Area _141

Zoning CM2

Rooms

Basement Storage Space

Interior

Heating Mini Split, Wall Heater

Cooling Mini Split

Exterior

Community Features Laundry

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Peninsula

Middle Schools Ockley Green

High Schools Jefferson

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-9716

heidi@heiditorkko.com

2175 NW Raleigh St, # 110, Portland OR 97210, Portland, Oregon, 97210, USA

8212 N DENVER AVE Portland, OR 97217