5+ Days Ago
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4124 N Mississippi Ave #1, Portland, OR 97217, USA|Boise
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TLC Rental Management
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About 4124 N Mississippi Ave #1
4124 N Mississippi Ave | Portland, OR 97217 Commercial Ground Lease | Mixed-Use CM2 Zoning | Flexible Work/Live Space | Food Cart Space Off-Street Parking This is a Rare Mix-Use commercial ground lease opportunity on a 5,000 sq ft CM2-zoned property with paved off-street parking on North Portland's most active commercial corridor, Updated 3bd/2ba, and electrical for food cart and festoon lighting plug-ins Mississippi Avenue is one of Portland's most walkable and commercially active corridors, with strong daily pedestrian traffic, a dense thriving mix of restaurants, retail, galleries, and music venues. Property fronting onto Mississippi Aves provides excellent business visibility. The property is ideal for: *Flexible Live/Work *Food Cart (subject to Multnomah County Health and permitting requirements) *Offices and professional services *Creative Studios and Business *Entrepreneur seeking high-visibility space *Retail sales and Services *Small business operations Subject to City of Portland permitting requirements for Signage, structural modifications Lease Terms Base Rent: $3,500/month (house) + NNN, + security and cleaning deposit +all utilities Additional $500/month for food cart space and or an extension of the business that uses the courtyard as a part of the business operations available together or structured as a combined commercial concept Lease Type: Triple Net (NNN) tenant is responsible for property taxes, insurance, landscaping, and management fee approx. $465 per month Initial Term: 18 months or 2-3 yrs, with a renewal options Pets- 1 dog/cat 20 lbs or less and no aggressive breed- $60 monthly plus $500 deposit Total Due at Signing (plus additional pet fee and deposit) $5,165 House + Food Cart Pad Or Extended Business Total Due at Signing $5,665 Tenant Requirements Prospective tenants should be prepared to provide the following: • Commercial general liability insurance of $2,000,000 per occurrence, naming the Landlord as additional insured • A personal guaranty from the tenant's authorized principal • Evidence of applicable business licenses and/or Multnomah County food cart permits (if operating a food cart) For more information or to schedule a showing, please contact: TLC Rental Management LLC | **** or Call: 503-793-2970
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4124 N Mississippi Ave #1 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- High school nearby
- There is a high school 0.5 mile away
Address details
| Neighborhood | Boise |
|---|---|
| Zip code | 97217 |
| Type | House for rent |
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Rent trends in Boise
3-bedroom apartments at 4124 N Mississippi Ave #1 cost about 29% more than the average rent price for 3-bedroom apartments in Portland.
Median rents as of Jun 13 2026.
Boise
Portland
| Month | Median Rent |
|---|---|
| June 2024 | $2,550 |
| July 2024 | $2,595 |
| August 2024 | $2,598 |
| September 2024 | $2,631 |
| October 2024 | $2,557 |
| November 2024 | $2,499 |
| December 2024 | $2,496 |
| January 2025 | $2,498 |
| February 2025 | $2,497 |
| March 2025 | $2,526 |
| April 2025 | $2,495 |
| May 2025 | $2,495 |
| June 2025 | $2,523 |
| July 2025 | $2,519 |
| August 2025 | $2,563 |
| September 2025 | $2,515 |
| October 2025 | $2,595 |
| November 2025 | $2,536 |
| December 2025 | $2,495 |
| January 2026 | $2,495 |
| February 2026 | $2,495 |
| March 2026 | $2,495 |
| April 2026 | $2,511 |
| May 2026 | $2,497 |
| June 2026 | $2,497 |
| Month | Median Rent |
|---|---|
| September 2024 | $2,845 |
| October 2024 | $2,705 |
| November 2024 | $2,645 |
| December 2024 | $2,945 |
| January 2025 | $2,695 |
| February 2025 | $2,695 |
| March 2025 | $2,771 |
| April 2025 | $2,658 |
| May 2025 | $2,395 |
| July 2025 | $2,695 |
| August 2025 | $2,845 |
| September 2025 | $2,809 |
| October 2025 | $2,745 |
| November 2025 | $2,736 |
| December 2025 | $2,928 |
| January 2026 | $2,895 |
| February 2026 | $2,873 |
| March 2026 | $3,358 |
| April 2026 | $3,296 |
| May 2026 | $3,500 |
| June 2026 | $3,321 |
Affordability calculator
Can I afford to live at 4124 N Mississippi Ave #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$160,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $160,000 annually to afford this 3-bedrooms monthly rent price of $4,000.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 months ago | $3,250 |
Schools near 4124 N Mississippi Ave #1
Boise-Eliot Elementary School
620 n fremont
portland, OR, 97227
PK, K-5Public
C
Rose City Park
2334 ne 57th ave
portland, OR, 97212
K-5Public
B+
Winterhaven School
3830 se 14th ave
portland, OR, 97202
K-8Public
A-
Washington State School for the Deaf
611 grand blvd
vancouver, WA, 98661
PK, K-12Public
Functional Living Skills Program
11611 ne ainsworth cir
portland, OR, 97220
K-12Public
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Internet available near 4124 N Mississippi Ave #1
Getting around Portland near 4124 N Mississippi Ave #1
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 4124 N Mississippi Ave #1, Portland
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 4124 N Mississippi Ave #1
Nu-Rite Way Food Center
3965 N Mississippi Ave
Cullen's Corner
4938 N Albina Ave
New Seasons Market
3445 N Williams Ave
In & Out Food
800 N Killingsworth St
Union Market
3837 NE M L King Blvd
Jennifer's Botique
4018 N Mississippi Ave
Blue Sky Bridal LLC
3972 N Mississippi Ave
Black Wagon
3964 N Mississippi Ave
Idk Wear
3811 N Albina Ave
Calico Tuxedo LLC
4120 N Williams Ave
Fresh Pot
4001 N Mississippi Ave
Bastion Coffee
4326 N Mississippi Ave
Blue Star Donuts
3753 N Mississippi Ave
Either/Or
4003 N Williams Ave
Coco Donuts
33 N Skidmore St
The 1905
830 N Shaver St
The Rambler
4205 N Mississippi Ave
Crow Bar
3954 N Mississippi Ave
Prost
4237 N Mississippi Ave
Bar Bar
3939 N Mississippi Ave
Grand Central Bakery
714 N Fremont St
Jinju Patisserie
4063 N Williams Ave
Al's Produce
4120 N Williams Ave
Bread & Honey Cafe
3526 N Vancouver Ave
Cherry Sprout
722 N Sumner St
Willie Mae Turner Playground
Unthank Park
Patton Community Garden
Dog Park
Boise-Eliot Community Garden
Interurban
4057 N Mississippi Ave
Lovely's Fifty Fifty
4039 N Mississippi Ave
Fresh Pot
4001 N Mississippi Ave
The 1905
830 N Shaver St
Casa Naranja
4205 N Mississippi Ave
N Mississippi / Mason
Fessenden
N Mississippi / Mason
Fessenden
N Mississippi / Skidmore
Fessenden
N Mississippi / Skidmore
Fessenden
N Mississippi / Failing
Fessenden
N Prescott St MAX Station
MAX Yellow Line
N Prescott St MAX Station
MAX Yellow Line
Overlook Park MAX Station
MAX Yellow Line
Overlook Park MAX Station
MAX Yellow Line
N Killingsworth St MAX Station
MAX Yellow Line
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