This home's estimate is 41.2% lower than the average sale price ($680K) of 6 comparable homes.
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NE M L King Blvd, Portland, OR 97211
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About this home
Prime Commercial Development Opportunity in Portland’s Woodlawn Neighborhood. Rare opportunity to acquire a level lot located on NE Martin Luther King Jr. Blvd, just south of NE dekum street. The property benefits from excellent visibility and high traffic exposure along MLK Blvd. Its prominent location provides strong exposure to both vehicular and pedestrian traffic, making it an attractive site for a variety of potential commercial or mixed-use development concepts, subject to applicable zoning and city approvals.The lot is currently leased for parking at $1,600 per month, providing an immediate income stream while offering the potential for future redevelopment. The property is conveniently located near public transportation, neighborhood services, restaurants, retail establishments, and other amenities, adding to its long term development appeal.

Redfin Estimate
Market trends in King, OR
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- $599,0004 beds2 baths1,996 sq ft1731 NE Liberty St, Portland, OR 97211Josh Hackenjos • LUXE Forbes Global Properties
- OPEN SEP 15, 12PM TO 2PM$775,0004 beds2 baths2,580 sq ft6014 NE Mallory Ave, Portland, OR 97211Chris Bonner • Neighbors Realty
- VIDEO TOUR$675,0003 beds2 baths2,089 sq ft641 NE Holland St, Portland, OR 97211Dulcinea Myers-Newcomb • Living Room Realty
- OPEN SUN, 1PM TO 3PM$549,9993 beds2 baths1,474 sq ft1333 NE Junior St, Portland, OR 97211Jennifer Venable • John L. Scott
- OPEN SUN, 10AM TO 12PM$499,9004 beds3 baths1,752 sq ft2812 NE Bryant St, Portland, OR 97211Trevor Emmett • John L. Scott Portland Central
- REDFIN OPEN SUN, 11AM TO 1PM
- $324,9003 beds3 baths1,166 sq ft326 NE Morgan St Unit 8-3, Portland, OR 97211Bonnie Roseman • Living Room Realty
- 3D WALKTHROUGH$599,0004 beds2 baths2,964 sq ft5806 NE Garfield Ave, Portland, OR 97211Erin Martin • Matin Real Estate
- OPEN SUN, 1PM TO 3PM$615,0002 beds2 baths2,243 sq ft5805 NE 38th Ave, Portland, OR 97211Amber Turner • Think Real Estate
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Sale and tax history for NE M L King Blvd
- Sale History
- Tax History
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Public record
Property details
Exterior
- Exterior Features
- Existing Structures YN: No
- Lot Information
- Lot Size Range: 7,000 to 9,999 SqFt
- Lot Size: 7,000 to 9,999 SqFt
- Parcel Number: R666954
- Property Information
- Property Type: Land
- Property Sub Type: Mixed Use
- Property Attached YN: No
- View YN: No
Financial
- Tax Information
- Tax Legal Description: MAXWELL, BLOCK 1, LOT 5-8
- Tax Annual Amount: $2,630.62
- Lease / Rent Information
- Land Lease YN: Yes
- Land Lease Expiration Date: Wednesday, September 30, 2026
Utilities
- Utility Information
- Green Certification YN: No
- Utilities: Public Sewer, Water Available
- Heating & Cooling
- Heating YN: No
- Cooling YN: No
Location
- School Information
- Elementary School: Woodlawn
- Middle Or Junior School: Ockley Green
- High School: Jefferson
- Location Information
- Directions: South of Dekum St on MLK BLVD
- Unparsed Address: NE M L KING BLVD, Portland, OR 97211
- Community Information
- Zoning: CM2h
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 5,330 square feet
- Style: Vacant Land
- Year Built: —
- Year Renovated: —
- County: Multnomah County
- APN: R673231
Other
- Listing Information
- MlsStatus: Sold
- Listing Price Information
- Price Type: List Price
Around this home
Schools
Public PreK-5 • Assigned • 0.1mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 0.6mi
Sun exposure
In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.
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