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$3,500,000
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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.
Full Property Details
Full Property Details for 8212 N Denver Ave
General
- Price: $3,500,000
- Taxes: $16,971 (2024)
- Status: Active
- Type: Commercial Service
- Source: RWMLS
- MLS ID: 690465882
- Updated: 5/8/2025
- Added to Site: 289 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Multnomah
- Driving Directions: N Denver & N Kilpatrick
Community
- Community Name: 141 - Portland North
Heating & Cooling
- Heating Type: Ductless
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Concrete
- Stories/Levels: 3
- Square Feet: 14,100
- Current Bldg. Use: Restaurant, Retail, Salon
- Year Built: 1911
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5, 000 to 6, 999 SqFt
Financial Considerations
- Operating Expenses: $61,152
- Tax Amount: $16,971.76
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Leases, Operating Expense Report, Profit & Loss Statement
- Legal Description: KENTON, BLOCK 3, LOT 35&36
- Property ID: R196181
Listed by eXp Realty, LLC (888) 814-9613, Evan Nelson (310) 422-6044
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Schools
Schools serving 8212 N Denver Ave
School District:Portland School District 1j
| Name | Grades | Distance |
|---|---|---|
Peninsula Elementary School, Portland, OR 8125 North Emerald Avenue, Portland, OR 97217 | K-5 | 0.7 mi |
Ockley Green 6031 North Montana Avenue, Portland, OR 97217 | 6-8 | 1.1 mi |
Jefferson High School, Portland, OR 5210 North Kerby Avenue, Portland, OR 97217 | 9-12 | 1.6 mi |
Roosevelt High School, Portland, OR 6941 North Central Street, Portland, OR 97203 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8212 N Denver Ave
Date
Details
Price
Change
Source
5/08/2025
Listed
$3,500,000
94.44%
MLS
3/15/2018
Sold
$1,800,000
—
Public Record
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 8212 N Denver Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,604
4%
$653,350
3%
2024
$16,972
4%
$634,330
3%
2023
$16,319
4%
$615,860
6%
2021
$15,696
-2%
$580,520
-3%
2022
$15,966
2%
$597,930
6%
2021
$15,696
13%
$563,620
3%
2019
$13,869
3%
$547,210
3%
2018
$13,462
4%
$531,280
3%
2017
$12,902
9%
$515,810
3%
2016
$11,807
3%
$500,790
3%
2015
$11,498
2%
$486,210
3%
2014
$11,324
2%
$472,050
3%
2013
$11,061
—
$458,310
—
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 8212 N Denver Ave
8212 N Denver Ave, Portland, OR 97217 (MLS# 690465882) is a Commercial Service property. 8212 N Denver Ave is currently listed for $3,500,000 and was received on May 08, 2025. Want to learn more about 8212 N Denver Ave? Do you have questions about finding other Commercial Service real estate for sale in Kenton? You can browse all Kenton real estate or contact a Coldwell Banker agent to request more information.

