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
Bedrooms-- Baths-- Sq 5,088
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Property for Rent in Portland, OR

for $1,099,000. This 5,088 square foot property 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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Rental Active

Price

$ 1,099,000

Taxes

$ 8,224

Style

Income

Lot Size

0.08

Year Built

1904

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

689613999

Features
General
Sewer PublicSewer
Heating Ductless MiniSplit
Cooling MiniSplit
Roof Composition
Zoning CM3
Construction Materials Cedar FullBasement Other
Year Built 1904
Sale Includes Building Land
Stories Count 3
Property Subtype Income
Tax Year 2024
Current Use MultiFamily Office
Parcel Number R140805
Gross Income 98585.0
County Multnomah
Operating Expense 14806.0
Property Type CommercialSale
HOA N
Status Active
Directions NW Kearney and South on NW 16th
City Portland
MLS Area _148
Lot Size Square Feet 3484.0
Listing Terms Cash Conventional
Tax Annual Amount 8224.13
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
Lease Type Gross MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 8200.0
Legal Description COUCHS ADD BLOCK 157 E 68' OF LOT 5
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Exterior
Parking Features OffStreet Secured
Water Source PublicWater
Total Parking 6.0
Number of Buildings 1
Building Area Total 5088.0
Lot Size Acres 0.08
Road Surface Type Paved
Other Equipment Sprinkler
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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

Nearby
1949264 Elementary School
1949174 Middle School
Unknown 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 Property for Rent at $1,099,000 with 5,088 sqft and a lot size of 0.08. 821 NW 16TH AVE was built in 1904. The property's zip code is 97209 which is in Portland, OR