$599,000

7062 Ne M L KING Blvd, Portland, OR 97211

Land
Built in ——
10,019sqft lot
—— car garage
$——/sqft
Listed 11 days ago

Property Description

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.

Listing Status:: Active
Date Added:: September 2, 2026
Data Last Updated:: September 13, 2026 at 2:41PM
Listing Office:: Farrell Realty & Property Management, Inc : 503-283-1900
Listing Agent:: Cindy Somsanith : 503-750-8298
MLS ID:: 178362334

General: No value

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: CM2EL TOVARBLOCK 9LOT 1-4LAND & IMPS SEE R155331 (R241802311) FOR BILLBOARDR155330
View: View
Current Use: CommercialOther

Utilities: Electricity connectedSewer connectedWater connected

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Cindy Somsanith , Farrell Realty & Property Management, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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