821 NW 16TH AVE Portland, OR $ 1,099,000
821 NW 16TH AVE
$ 1,099,000
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821 NW 16TH AVE

Portland, OR, 97209
$ 1,099,000
Bedrooms5 Baths4.0 Sq 5,088

Monthly Estimate*

$ 6,856

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Multi-Family Home for sale in Portland, OR

for $1,099,000 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

$ 1,099,000

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
Garage Spaces 6.0
Security Features FireEscape FireSprinklerSystem
Year Built 1904
Stories Count 3
Tax Year 2024
Parcel Number R140805
Gross Income 98585.0
County Multnomah
Net Operating Income 83778.0
Operating Expense 14806.0
Property Type MultiFamily
HOA N
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
Accessory Dwelling Unit Y/N N
Legal Description COUCHS ADD BLOCK 157 E 68' OF LOT 5
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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
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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
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Internal Only
Street Number 1 821
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* Excluded Features
List By
Bison Properties

Broker

matt@BisonProperties.com

Email

Affordability Calculator

$7,542
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,856
Monthly Property Taxes
$685
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Pricing History
DatePricePrice ChangeDescription
12/5/2025$1,099,000 -4.43% Price Down
11/6/2025$1,149,900 -4.17% Price Down
10/8/2025$1,199,900 -4.00% Price Down
9/5/2025$1,249,900 -7.35% Price Down
7/15/2025$1,349,000 -6.97% Price Down
3/25/2025$1,450,000 Listed Price

Map


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821 NW 16TH AVE, Portland, OR, 97209 is a Multi-Family Home for sale at $1,099,000 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