7062 Northeast Martin Luther King Jr Boulevard

Portland, OR 97211

$699,000
Price
10,018 / 0.23
Lot Size / Acres

Description

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.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.
  1. Listed by Cindy Somsanith • Farrell Realty & Property Management, Inc • info@farrellrealty.com

Property Details for 7062 Northeast Martin Luther King Jr Boulevard

Zoning
CM2
View
Territorial

Location

Listing Courtesy of Farrell Realty & Property Management, Inc
Add your commute
LISTING UPDATED: 01/23/2024 01:55 PM

Property Details for 7062 Northeast Martin Luther King Jr Boulevard

StatusActive
MLS #23670268
Days on Market371
Taxes$2,705 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.23 AC
CountyMultnomah County

Location

Listing Courtesy of Farrell Realty & Property Management, Inc
Add your commute

Building Information for 7062 Northeast Martin Luther King Jr Boulevard

Lot Size0.23 AC

Payment Calculator

$4,040 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7062 Northeast Martin Luther King Jr Boulevard

Summary
Location and General Information
  • Country: US
  • Directions: MLK Between Morgan & Bryant
  • Road Surface: Paved
School Information
  • Elementary School: Woodlawn
  • High School: Jefferson
  • Middle Or Junior School: Ockley Green
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,705.22
  • Parcel Number: R155330
  • Tax Legal Description: EL TOVAR, BLOCK 9, LOT 1-4, LAND & IMPS SEE R155331 (R241802311) FOR BILLBOARD
Property
Lot Information
  • Acres: 0.23
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 10018.0
  • Current Use: Commercial, Other
  • Land Description: Level
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: No Value

Property History for 7062 Northeast Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7062 Northeast Martin Luther King Jr Boulevard

Taxable ValueLand-Additions-Total-
Tax Record2023$2,705 ($225 / month)
Home Facts
Beds0Total Finished SqFt576 SqFtAbove Grade Finished SqFt576 SqFtStories1Lot Size10,000 SqFtStyleMiscellaneous Vacant LandYear Built1978ZoningR1DHCountyMULTNOMAHAPN1N1E14BB 15100

Schools near 7062 Northeast Martin Luther King Jr Boulevard

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Woodlawn Elementary School
PublicPK to 5

Ockley Green
Public6 to 8

Roosevelt High School
Public9 to 12

Jefferson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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7062 Northeast Martin Luther King Jr Boulevard is a 0.23 ac of land for sale in Portland, OR 97211. This property was listed for sale on April 27, 2023 by Farrell Realty & Property Management, Inc, it's currently listed at $699,000. It has been on the market for a total of 371 days and was last sold on March 2, 2015. This listing's school district is Portland School District 1j. Nearby schools include Woodlawn Elementary School, Ockley Green and Roosevelt High School. 7062 Northeast Martin Luther King Jr Boulevard is a 0-bed, 0-bath, 0.23 ac of land on a 10,018 sq. ft. / 0.23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Farrell Realty & Property Management, Inc

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 01/23/2024 01:55 PM