$599,000

7062 NE Martin Luther King Junior Blvd Portland, OR 97211

King Neighborhood

Estimated payment $3,426/month

Total Views 5,270
0.23 Acre
$2,604,348 Price per Acre
10,018 Sq Ft Lot

Highlights

  • 0.23 Acre Lot
  • Corner Lot
  • No Heating
  • Territorial View
  • No HOA
  • 3-minute walk to Mallory park

About This Lot

Excellent opportunity for investor/developer to own 4 platted lots on the corner of Morgan and MLK! Zoned CM2 -Great traffic area. Currently generating income from car lot and billboard which is great for future investors while awaiting development. Call for developers packet. PLEASE DO NOT DISTURB TENANTS.

Listing Agent

Cindy Somsanith

Farrell Realty & Property Management, Inc Brokerage Email: info@farrellrealty.com License #201203724 Listed on: 03/18/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,813

Lot Details

  • 10,018 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned CM2

Property Views

  • Territorial Views

Home Design

  • Mixed Use

Schools

  • Woodlawn Elementary School
  • Ockley Green Middle School
  • Jefferson High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R155330

Property Details

Property Type

Land

Est. Annual Taxes

$2,813

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Other Structures: NoValue
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, SewerConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Woodlawn
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green

Lot Info

  • Zoning: CM2
  • Present Use: Commercial, Other
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R155330

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2813.31

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $599,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 367429396

Regional Multiple Listing Service (RMLS)
Oregon Multnomah County Portland 97211 King

7062 NE Martin Luther King Junior Blvd, Portland, OR

This home is located at 7062 NE Martin Luther King Junior Blvd, Portland, OR 97211 and is currently priced at $599,000. 7062 NE Martin Luther King Junior Blvd is a home located in Multnomah County with nearby schools including Martin Luther King Jr. School, Harriet Tubman Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Cindy Somsanith
Listing Agent
Cindy Somsanith
Section Image
Farrell Realty & Property Management, Inc
(971) 459-8626