821 NW 16th Ave, Portland, OR 97209 - Photo 1

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$949,900 -$50,000 (-5%) Price Reduced

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Business
Updated 2 days ago

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Property Description

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!

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Full Property Details

Full Property Details for 821 NW 16th Ave

General

Price: $949,900
Taxes: $8,224 (2024)
Status: Active
Type: Business
Source: RWMLS
MLS ID: 689613999
Updated: 3/25/2026
Added to Site: 368 day(s) ago

Additional Information

Equipment: Sprinkler

Parking

Total Spaces: 6
Parking Features: Off Street, Secured

Location

County: Multnomah
Driving Directions: NW Kearney and South on NW 16th

Community

Community Name: 148 - Portland NW/ SW/ S, Raleigh Hills

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Mini Split
Heating Type: Ductless, Mini Split
Heating Fuel: Electricity

Utilities

Sewer: Public Sewer
Water: Public Water

Structural Information

# Buildings: 1
Property Detached: Yes
Construction: Cedar, Full Basement, Other
Roof: Composition
Stories/Levels: 3
Square Feet: 5,088
Current Bldg. Use: Multi Family, Office
Year Built: 1904
Property Condition: Updated/Remodeled

Lot Features

Lot Size (Acres): 0.08
Lot Size (Sq. Ft.): 3,484
Lot Size: 3, 000 to 4, 999 SqFt
Frontage: Paved

Financial Considerations

Lease Price: $8,200
Operating Expenses: $14,806
Tax Amount: $8,224.13
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Documents Avail.: Annual Property Operation Data, Leases
Legal Description: COUCHS ADD, BLOCK 157, E 68' OF LOT 5
Property ID: R140805

Listed by Bison Properties (503) 208-2991, Matthew Williams (503) 345-2686

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Listing agent

— 821 NW 16th Ave —

Matthew Williams

Bison Properties

503-208-2991

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Schools

Schools serving 821 NW 16th Ave

School District:Portland School District 1j

Name	Grades	Distance
Chapman Elementary School 1445 Northwest 26th Avenue, Portland, OR 97210	K-5	0.9 mi
West Sylvan Middle School 8111 Southwest West Slope Drive, Portland, OR 97225	6-8	3.9 mi
Lincoln High School, Portland, OR 1750 Southwest Salmon Street, Portland, OR 97205	9-12	0.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 821 NW 16th Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/25/2026

Price Reduced

$949,900

-5%

MLS

2/18/2026

Price Reduced

$999,900

-4.77%

MLS

1/13/2026

Price Reduced

$1,050,000

-4.46%

MLS

12/05/2025

Price Reduced

$1,099,000

-4.43%

MLS

11/05/2025

Price Reduced

$1,149,900

-4.17%

MLS

10/08/2025

Price Reduced

$1,199,900

-4%

MLS

9/04/2025

Price Reduced

$1,249,900

-7.35%

MLS

7/15/2025

Price Reduced

$1,349,000

-6.97%

MLS

3/25/2025

Listed

$1,450,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 821 NW 16th Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$8,531

$316,900

2024

$8,224

$307,670

2023

$7,908

$298,710

2021

$7,606

-2%

$281,570

-3%

2022

$7,737

$290,010

2021

$7,606

13%

$273,370

2019

$6,720

$265,410

2018

$6,523

$257,680

2017

$6,252

$250,180

2016

$5,721

$242,900

2015

$5,571

$235,830

2014

$5,487

$228,970

2013

$5,360

—

$222,310

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 821 NW 16th Ave

821 NW 16th Ave, Portland, OR 97209 (MLS# 689613999) is a Business property. 821 NW 16th Ave is currently listed for $949,900 and was received on March 25, 2025. Want to learn more about 821 NW 16th Ave? Do you have questions about finding other Business real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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821 NW 16th Ave Portland, OR 97209