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2845 NE M L KING BLVD NE Portland, OR $ 1,475,000
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$ 1,475,000 Get more info
2845 NE M L KING BLVD NE
$ 1,475,000
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2845 NE M L KING BLVD NE

Portland, OR, 97212
$ 1,475,000
Bedrooms6 Baths7.0

Monthly Estimate*

$ 9,202

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Multi-Family Home for sale in Portland, OR

for $1,475,000 with 6 bedrooms and 7 full baths. This home was built in 2007 on a lot size of 0.15.

This well maintained and professionally managed 6 plex with commercial street front just became available! Located in the sought after Elliot, this property features all one-bedroom units. Four of the six have vaulted ceilings. Two are upstairs with huge decks, large soaking tubs, separate shower and walk-in closets. All have in unit laundrys and air conditioning. This property provides diverse rental options for maximum appeal. Public Transportation is right at your doorstep and minutes from downtown and fwys. Gated courtyard living with front and back patios makes living easy and long term. Built by a respected local contractor known for high quality craftmanship and style. Locking lighted convienent garbage and recycling room and on-site mail boxes. With street side parking for successful business and liveablity.

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Multi-Family Active

Price

$ 1,475,000

Bedrooms

6

Full Bath

7

Property Type

Multi-Family

Taxes

$ 13,431

Style

Lot Size

0.15

Year Built

2007

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

287798087
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WallUnit
Roof Metal
Zoning RHD
Security Features FireSprinklerSystem SecurityGate SecurityLights Sidewalk
Year Built 2007
Stories Count 2
Tax Year 2024
Parcel Number R102125
Gross Income 110840.0
Community Features AllLandscaping Commons
County Multnomah
Net Operating Income 99502.0
Operating Expense 24769.0
Property Type MultiFamily
HOA N
Subdivision Name Elliot
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions NE M L King Blvd and NE Stanton Street
High School Jefferson
City Portland
Number Of Units Total 7
MLS Area _142
Lot Size Square Feet 6534.0
Listing Terms Cash Conventional FHA
Elementary School Boise-Eliot
Tax Annual Amount 13431.5
Middle/Junior High School Harriet Tubman
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ALBINA BLOCK 14 LOT 13-15 TL 4700
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Exterior
Parking Features Driveway OnStreet
Lot Features Commons Gated Level OnBusline Trees
Water Source PublicWater
Exterior Description CementSiding LapSiding
Foundation Details Slab
Lot Size Acres 0.15
Road Surface Type Concrete
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Interior
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit 6 Beds Total 1
Unit 7 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7
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Internal Only
Street Number 1 2845
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* Excluded Features
List By
More Realty

Broker

503-351-3573

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Affordability Calculator

$10,321
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,202
Monthly Property Taxes
$1,119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949289 Elementary School
2406671 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2025$1,475,000 -3.28% Price Down
8/6/2025$1,525,000 -8.13% Price Down
6/12/2025$1,660,000 Listed Price

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2845 NE M L KING BLVD NE, Portland, OR, 97212 is a Multi-Family Home for sale at $1,475,000 with a lot size of 0.15. 2845 NE M L KING BLVD NE has 6 bedrooms, 7.0 baths, and was built in 2007. The property's zip code is 97212 which is in Portland, OR

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