Shawn Realty 503-515-44998,933 sq ft
7921 SW Capitol HWY, Portland, OR 97219
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- Building Area
- 8,933 sq ft
- Price/Sq Ft
- $380/sq ft
- Year Built
- 2026
- County
- Multnomah
- Annual Tax
- $5,556 (2026)
- Days on Market
- 109 days
- Open House
- None scheduled
Description
Renting in progress with 50% of the residential units are currently rented. An exceptional opportunity to acquire a newly constructed mixed-use investment asset in the heart of Portland's highly coveted Multnomah Village. Designed for both lasting performance and modern livability, the three-story building comprises 12 thoughtfully appointed residential residences and two street-level commercial suites, offering a diverse income stream within a premier neighborhood setting. Perfectly positioned within steps of the neighborhood's celebrated collection of boutiques, acclaimed restaurants, artisan cafés, specialty retailers, and everyday conveniences, this property blends timeless architectural appeal with the enduring strength of one of Southwest Portland's most sought-after communities with a high Walk Score of 88. The residential homes showcase sophisticated contemporary finishes including quartz countertops, custom cabinetry, stainless steel appliances, luxury vinyl plank flooring, designer tile bath surrounds, in-unit laundry, energy-efficient mini-split heating and cooling systems, and expansive windows that fill each residence with natural light. The two ground-floor commercial spaces provide an exceptional opportunity for boutique retail or neighborhood-serving businesses, benefiting from excellent visibility and pedestrian activity generated by the vibrant Multnomah Village business district. Constructed with an emphasis on efficiency, and low-maintenance ownership, this newly completed asset offers investors the rare combination of modern construction, desirable amenities, and long-term appreciation potential. Opportunities to acquire newly built mixed-use properties of this caliber in established neighborhood centers are exceptionally limited, making this a compelling addition to any investment portfolio.
Facts & Features
| Property Type | Commercial Sale |
|---|---|
| Sub-Type | Commercial |
| Building Area (sq ft) | 8933 |
| Lot Size (acres) | 0.08 |
| Lot Size (sq ft) | 3484 |
| Year Built | 2026 |
| County | Multnomah |
| Heating | Ductless, Mini Split, Zoned |
| Cooling | Mini Split |
| Construction | Cement Siding, Concrete, Crawl Space |
| Roof | Flat, Membrane |
| View | Yes |
| Parking | On Street |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $5,556 |
| Tax Year | 2026 |
| Original List Price | $3,499,000 |
| RMLS # | 164965772 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Mary Jo Avery • Avery Bunick Properties
Contact: 503-799-3839
Listing updated: Nov 14, 2026 at 12:12am
Source: RMLS #164965772 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/14/2026 08:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
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Shawn Realty