7827 N Denver Ave Portland, OR 97217
Kenton NeighborhoodEstimated payment $3,661/month
Highlights
- City View
- Property is near a bus stop
- No Heating
- Landscaped with Trees
- Gentle Sloping Lot
About This Home
Outstanding investment and redevelopment opportunity on Denver Ave in North Portland. Seller has obtained fully approved City of Portland plans to convert the existing duplex into a legal four-plex — eliminating months of permitting delays and positioning this project for rapid completion and resale or long-term cash flow.High-value improvements already completed: Oil tank decommissioned, Sewer line repair complete, New exterior paint, Extensive rough-in plumbing started, Full interior demo and debris removal done, several new windows installed. This property is ready for a savvy investor or contractor to take over to complete the rough-in stage and move directly into drywall and finish work. Ideal for those seeking a shovel-ready project with strong upside potential in a desirable, appreciating area. Approved four-plex plans included with sale. Future buyers may be able to save thousands with City of Portland's SDC waiver program on this project.
Listing Agent
Kelly Right Real Estate of Portland, LLC License #201222867 Listed on: 12/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,125
Year Built
- Built in 1959
Lot Details
- 5,227 Sq Ft Lot
- Gentle Sloping Lot
- Landscaped with Trees
Home Design
- Fixer Upper
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,499 Sq Ft Home
- 2-Story Property
- City Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- 2 Parking Spaces
- Driveway
- Off-Street Parking
Location
- Property is near a bus stop
Schools
- Peninsula Elementary School
- Ockley Green Middle School
- Jefferson High School
Utilities
- No Cooling
- No Heating
- Electric Water Heater
Community Details
- 4 Units
- Arbor Lodge Subdivision
Listing and Financial Details
- Assessor Parcel Number R196548
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,125 | $227,300 | -- | -- |
| 2024 | $5,904 | $220,680 | -- | -- |
| 2023 | $5,904 | $214,260 | $0 | $0 |
| 2022 | $5,555 | $208,020 | $0 | $0 |
| 2021 | $5,461 | $201,970 | $0 | $0 |
| 2020 | $5,010 | $196,090 | $0 | $0 |
| 2019 | $4,825 | $190,380 | $0 | $0 |
| 2018 | $4,684 | $184,840 | $0 | $0 |
| 2017 | $4,489 | $179,460 | $0 | $0 |
| 2016 | $4,108 | $174,240 | $0 | $0 |
| 2015 | $4,000 | $169,170 | $0 | $0 |
| 2014 | $3,940 | $164,250 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2025 12/18/25 | For Sale | $599,000 | -- | $171 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $627,137 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $171,900 | Pacific Nw Title | |
| Warranty Deed | $168,000 | Ticor Title Insurance |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $134,400 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 495769618
APN: R196548
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