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    821 NW 16TH AVE Portland, OR $ 1,450,000
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    $ 1,450,000 Get more info
    821 NW 16TH AVE
    $ 1,450,000
    Back to search
    Share Save

    821 NW 16TH AVE

    Portland, OR, 97209
    $ 1,450,000
    Bedrooms5 Baths4.0 Sq 5,088

    Monthly Estimate*

    $ 9,637

    821 NW 16TH AVE, Portland, OR 97209 - Image 1
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    Multi-Family Home for sale in Portland, OR

    for $1,450,000 with 5 bedrooms and 4 full baths. This 5,088 square foot home was built in 1904 on a lot size of 0.08.

    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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    Multi-Family Active

    Price

    $ 1,450,000

    Bedrooms

    5

    Full Bath

    4

    Property Type

    Multi-Family

    Taxes

    $ 8,224

    Style

    Lot Size

    0.08

    Year Built

    1904

    Town/City

    Portland

    County/Region

    Multnomah

    MLS | Web ID

    612475903
    Features
    General
    Sewer PublicSewer
    Heating Ductless MiniSplit WallHeater
    Cooling MiniSplit
    Roof Composition
    Zoning CM3
    HOA Fee 0
    Garage Spaces 6.0
    Security Features FireEscape FireSprinklerSystem
    Year Built 1904
    Stories 3
    Tax Year 2024
    Gross Income 98585.0
    County Multnomah
    Net Operating Income 83778.0
    Operating Expense 14806.0
    Property Type MultiFamily
    HOA 0
    Subdivision Name NW PORTLAND
    Rent Includes Sewer TrashCollection Water
    Status Active
    Directions NW Kearney and South on NW 16th
    High School Lincoln
    City Portland
    Number Of Units Total 2
    MLS Area _148
    Lot Size Square Feet 3484.0
    Listing Terms Cash Conventional
    Elementary School Chapman
    Tax Annual Amount 8224.13
    Middle/Junior High School West Sylvan
    Property Condition UpdatedRemodeled
    Virtual Tour https://www.zillow.com/view-imx/52fb8753-b6f5-4e62-88c2-dd1f3d0399f9?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
    Standard Status Active
    Legal Description COUCHS ADD BLOCK 157 E 68' OF LOT 5
    Interior
    Basement ExteriorEntry FullBasement Unfinished
    Storage Attached Basement
    Hot Water Electricity
    Unit 1 Baths Total 3
    Unit 1 Beds Total 4
    Unit 2 Baths Total 1
    Unit 2 Beds Total 1
    Unit Type UnitTypeType1 UnitTypeType2
    Exterior
    Parking Features Attached Garage
    Water Source PublicWater
    Total Parking 6.0
    Exterior Description Cedar LapSiding Other
    Building Area Total 5088.0
    Lot Size Acres 0.08
    Road Surface Type Paved
    Internal Only
    Street Number 1 821
    * Excluded Features
    List By
    Bison Properties

    Broker

    matt@BisonProperties.com

    Email

    Affordability Calculator

    $10,322
    Per Month
    93%
    7%
    0%
    Monthly Principal & Interest
    $9,637
    Monthly Property Taxes
    $685
    Monthly Home Insurance
    --
    Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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    Nearby
    1949026 Elementary School
    1948992 Middle School
    Lincoln High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    3/25/2025$1,450,000 Listed Price

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    821 NW 16TH AVE, Portland, OR, 97209 is a Multi-Family Home for sale at $1,450,000 with 5,088 sqft and a lot size of 0.08. 821 NW 16TH AVE has 5 bedrooms, 4.0 baths, and was built in 1904. The property's zip code is 97209 which is in Portland, OR

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