3620 NE M L KING BLVD Portland, OR $ 700,000
3620 NE M L KING BLVD
$ 700,000
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3620 NE M L KING BLVD

Portland, OR, 97212
$ 700,000
Baths0.0

Monthly Estimate*

$ 4,310

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Studio

Lots and Land for sale in Portland, OR

for $700,000. The lot size is 0.206.

Seize a rare opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. Comprised of three separate tax lots and zoned CM2, the site supports potential for a wide range of higher density residential, retail, office, and mixed use development potential. With strong street presence and consistent daily traffic exposure, the property is well positioned for a mixed use concept featuring active ground floor retail with residential above. Strategically located with convenient access to major arterials, public transit, and approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs further reinforce the long term fundamentals of this location. Buyer to perform all due diligence with the City regarding development capacity.

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Lots and Land Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

MixedUse

Lot Size

0.206

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

556474921

Features
General
Utilities PublicSewer WaterAvailable
Zoning ZM2
Property Subtype MixedUse
Tax Year 2025
Current Use Commercial MixedUse MultiFamily
Parcel Number R207200
County Multnomah
Property Type Land
HOA N
Other Structures None
Status Active
Directions NE Beech St to NE LMK
High School Jefferson
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 8973.0
Listing Terms Cash Conventional
Elementary School Sabin
Tax Annual Amount 0
Middle/Junior High School Harriet Tubman
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LINCOLN PK BLOCK 22 LOT 3 EXC PT IN ST
ADU False
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Exterior
Lot Dimensions 90x100
Lot Size Acres 0.206
Road Surface Type Paved
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Internal Only
Street Number 1 3620
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

971-282-1806

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Affordability Calculator

$4,310
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4118767 Elementary School
2406671 Middle School
Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$700,000 Listed Price

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3620 NE M L KING BLVD, Portland, OR, 97212 is a Lots and Land for sale at $700,000 with a lot size of 0.206. 3620 NE M L KING BLVD is a studio with 0.0 baths. The property's zip code is 97212 which is in Portland, OR