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7062 NE M L KING BLVD Portland, OR $ 599,000
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7062 NE M L KING BLVD
$ 599,000
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7062 NE M L KING BLVD

Portland, OR, 97211
$ 599,000
Baths0.0

Monthly Estimate*

$ 3,782

7062 NE M L KING BLVD, Portland, OR 97211 - Image 1
7062 NE M L KING BLVD, Portland, OR 97211 - Image 2
7062 NE M L KING BLVD, Portland, OR 97211 - Image 3
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7062 NE M L KING BLVD, Portland, OR 97211 - Image 5
7062 NE M L KING BLVD, Portland, OR 97211 - Image 6
Studio

Lots and Land for sale in Portland, OR

for $599,000. The lot size is 0.23.

Excellent investment and development opportunity! Four platted lots ideally positioned at the corner of Morgan and MLK. Zoned CM2 and located in a high-visibility, high-traffic area. Property currently generates rental income from the car lot tenant, along with billboard income, providing holding income while planning for future development. Contact your agent for developer packet and additional property information. PLEASE DO NOT DISTURB TENANTS.

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Lots and Land Active

Price

$ 599,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,918

Style

MixedUse

Lot Size

0.23

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

178362334
Features
General
Utilities ElectricityConnected SewerConnected WaterConnected
Zoning CM2
Property Subtype MixedUse
Tax Year 2025
Current Use Commercial Other
Parcel Number R155330
County Multnomah
Property Type Land
HOA N
Other Structures NoValue
Status Active
Directions MLK Between Morgan & Bryant
High School Jefferson
City Portland
Disclosures Exempt
MLS Area _142
Lot Size Square Feet 10018.0
Listing Terms Cash Conventional
Elementary School Woodlawn
Tax Annual Amount 2918.16
Middle/Junior High School Ockley Green
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description EL TOVAR BLOCK 9 LOT 1-4 LAND & IMPS SEE R155331 (R241802311) FOR BILLBOARD
ADU False
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Exterior
Lot Features CornerLot
Lot Size Acres 0.23
Road Surface Type Paved
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Internal Only
Street Number 1 7062
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* Excluded Features
List By
Farrell Realty & Property Management, Inc

Broker

info@farrellrealty.com

Contact

Affordability Calculator

$4,025
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,782
Monthly Property Taxes
$243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1951167 Elementary School
1950460 Middle School
Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/3/2026$599,000 Listed Price

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7062 NE M L KING BLVD, Portland, OR, 97211 is a Lots and Land for sale at $599,000 with a lot size of 0.23. 7062 NE M L KING BLVD is a studio with 0.0 baths. The property's zip code is 97211 which is in Portland, OR

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