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For sale · ACT – Active
$599,000

7062 NE M L KING BLVD, Portland, OR 97211

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County
Multnomah
Annual Tax
$2,918 (2025)
HOA
None
Days on Market
72 days
Open House
None scheduled

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.

Facts & Features

Property TypeLand
Sub-TypeMixed Use
Lot Size (acres)0.23
Lot Size (sq ft)10018
CountyMultnomah
Elementary SchoolWoodlawn
Middle SchoolOckley Green
High SchoolJefferson
ViewYes
Lot FeaturesCorner Lot
Annual Taxes$2,918
Tax Year2025
Original List Price$599,000
RMLS #178362334

Map data © OpenStreetMap contributors (not RMLS data).

Listed by Cindy Somsanith • Farrell Realty & Property Management, Inc

Contact: info@farrellrealty.com

Listing updated: Sep 2, 2026 at 4:20pm

Source: RMLS #178362334

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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.

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Shawn Yu, Shawn Realty · 503-515-4499

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