Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7710 Denver Ave Portland, OR 97217-6502
    Back to Search
    Property profile & analytics

    7710 Denver Ave Portland, OR 97217-6502

    View on Map
    • Assisted living facilities
    • 2,401 SF
    • 0.20 lot acres
    Off-Market
    Property ID
    US71-0934691
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Welcome Home Communities LLC, Kenton House / Nursing Home

    Property Details for 7710 Denver Ave

    Year built
    1949
    Lot size
    0.20 lot acres
    Property size
    2,401 SF
    Zone code
    R2A
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    1N1E09DD 10000
    APU
    1N1E09DD10000

    Description

    This exceptional 3,500 square foot property located at 7710 N Denver Ave, Portland, Oregon, presents a unique investment opportunity. Situated on a 0.2-acre lot in Multnomah County (APN R196415), this three-story building, constructed in 1949 and renovated in 2013, offers five bedrooms and five units. Currently vacant, the property is zoned RM1, providing flexibility for various uses. The building's mid-century modern design offers a solid foundation for repurposing. Potential uses include continued operation as a group home, conversion into accessory dwelling units (ADUs), or other private investment ventures. The property's 3,500 square feet of net rentable space provides ample room for development. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property's location in Portland, Oregon, 97217, offers convenient access to amenities and transportation. This is a rare opportunity to acquire a well-located, versatile property with significant upside potential. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.687
    Latitude
    45.579
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,674
    $0.00
    $0.00
    $251,850
    -
    $342,250
    $343,830
    $686,080

    Comparable in this City

    • Value Estimation by Request
      960 SF

      8708 Chase Ave

      HOMES (RETIRED, NURSING) • 960 SF
      8708 Chase Ave, Portland, OR 97217-7354
      View Details
    • Value Estimation by Request
      2,160 SF

      8729 Chase Ave

      HOMES (RETIRED, NURSING) • 2,160 SF
      8729 Chase Ave, Portland, OR 97217-7323
      View Details
    • Value Estimation by Request
      2,608 SF

      9126 Chase Ave

      HOMES (RETIRED, NURSING) • 2,608 SF
      9126 Chase Ave, Portland, OR 97217-7408
      View Details
    • Value Estimation by Request
      2,676 SF

      4519 Congress Ave

      HOMES (RETIRED, NURSING) • 2,676 SF
      4519 Congress Ave, Portland, OR 97217-3029
      View Details
    • Value Estimation by Request
      1.86 Acres

      597 Wi N Dekum St

      HOMES (RETIRED, NURSING) • 1.86 Acres
      597 Wi N Dekum St, Portland, OR 97217
      View Details
    • Value Estimation
      $19,130,000
      97,000 SF

      597 Dekum St

      HOMES (RETIRED, NURSING) • 97,000 SF
      597 Dekum St, Portland, OR 97217-1959
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,982 SF

      Mixed-Use Commercial Asset on Killingsworth

      Multi-functional commercial asset with retail and warehouse space for sale.
      1200 Killingsworth St N Killingsworth, Portland, OR 97217
      View Details
    • $1,600,000
      2,660 SF

      Commercial Property on Interstate Avenue

      Commercial property in active development corridor with high exposure.
      6228 N Interstate Ave, Portland, OR 97217
      View Details
    • $3,400,000
      10,606 SF

      Modern 16-Unit Apartment Complex

      New construction apartment complex in the Overlook Neighborhood.
      1535 N Alberta St, Portland, OR 97217
      View Details
    • $1,388,400
      6,942 SF

      Portland Warehouse Space For Sale

      6,942 SF warehouse space available in Portland, Oregon.
      8404 N Albina Ave, Portland, OR 97217
      View Details
    • New
      $899,000
      5,982 SF

      Versatile Commercial Property with Warehouse

      Mixed-use property featuring storefronts, restaurant, and warehouse space.
      1218 N Killingsworth St, Portland, OR 97217
      View Details
    • Contact for pricing
      20,239 SF

      Industrial Property with Freeway Access

      Industrial property featuring truck doors, shop, and freeway access.
      6100 N Basin Ave, Portland, OR 97217
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Kenton Corner Flex Space Available

      High-visibility flex, retail, or office space in Kenton neighborhood.
      2056 N Lombard St, Portland, OR 97217
      View Details
    • $20 SF/Yr

      Retail Space on N Interstate

      Retail space with rare off-street parking and pylon signage.
      7409 N Interstate Ave, Portland, OR 97217
      View Details
    • $18 SF/Yr

      Retail Showroom Spaces For Lease

      Retail showroom spaces available for lease in Delta Park Center.
      1182 N Hayden Meadows Dr, Portland, OR 97217
      View Details
    • $975 /Mo

      Portland Live/Work Office Suites

      Live/work office suites in Portland with MAX Light Rail access.
      8440 N Interstate Ave, Portland, OR 97217
      View Details
    • Contact for pricing
      6,190 SF

      Industrial/Office Space in Delta Park

      Industrial/office space with high ceilings, loading dock, and ample parking.
      900 N Hayden Meadows Dr, Portland, OR 97217
      View Details
    • Contact for pricing
      24,967 SF

      Industrial Space in Central Location

      24,967 SF industrial space ideal for distribution uses.
      3002-3014 N Wygant St, Portland, OR 97217
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7710 Denver Ave
    Portland, OR 97217-6502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7710 Denver Ave, Portland, OR, 97217
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!