For Sale | Affordable housing development land site, 0.48 acre lot

For Sale

4045 NE Martin Luther King Jr Blvd, Portland, OR 97212

This Portland property for sale is located at 4045 NE Martin Luther King Jr Blvd. The current listed sale price for For Sale | Affordable housing development land site, 0.48 acre lot is $2,500,000. For Sale | Affordable housing development land site, 0.48 acre lot is situated on a lot that is 0.48 acre in size.

Contacts

broker

Sean Worl

broker

Kenneth Verbeck

broker

Trevor Kafoury

broker

Autumn Brice

Property Details

  • Property Type Other
  • Lot Size 0.48 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 12, 2024

4045 NE Martin Luther King (MLK) Boulevard is an exceptional opportunity with potential for high density residential. Situated in a prime location along MLK Boulevard in Portland, it offers excellent access to local amenities and transportation. The property boasts a large, well-proportioned lot that provides ample space for construction with access from both NE Garfield and MLK.
The property’s potential is further enhanced by the growing demand for affordable housing development in a section of Portland that has seen significant rental growth over the past decade. With its vibrant community and diverse economy, the area is highly desirable for businesses and residents alike, making it an excellent choice for developers looking to build an asset that will provide public good and stable housing for generations.

Overall, 4045 NE MLK is a highly attractive development opportunity that offers numerous benefits to investors and the local community. Its prime location, size, and design make it an excellent choice for anyone looking to invest in Portland’s dynamic real estate market.

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Getting around

  • 93/100

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  • 50/100

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  • 100/100

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Location

  • City Portland, OR
  • Neighborhood King
  • Zip Code 97212
  • Market Portland

Points of Interest

  • New Rose City Cab Company

    0.77 miles

  • Northeast Weidler & 2nd

    1.28 miles

  • Northeast Weidler & Grand

    1.28 miles

  • Northeast Grand & Multnomah

    1.45 miles

  • Northeast 7th & Holladay

    1.54 miles

  • Northeast Grand & Hoyt

    1.75 miles

  • Northeast Martin Luther King & Hoyt

    1.76 miles

  • Northwest 10th & Northrup

    1.76 miles

  • Northwest Northrup & 12th

    1.80 miles

  • Northwest 11th & Marshall

    1.81 miles

  • Chevron

    0.34 miles

  • 76

    0.71 miles

  • Blink

    0.97 miles

  • Shell

    1.22 miles

  • Arco

    1.54 miles

  • Fastrak

    1.60 miles

  • Electrify America

    1.81 miles

  • EVgo

    1.88 miles

  • Space Age

    1.93 miles

  • Electric Island

    2.02 miles

  • Parking 4

    0.64 miles

  • Parking 1

    0.70 miles

  • Emergency Parking

    0.72 miles

  • Parking 3

    0.80 miles

  • Parking 2

    0.84 miles

  • Lot 3

    0.85 miles

  • Lot 2

    0.88 miles

  • Interstate Medical Office Parking Garage

    0.90 miles

  • Lot 4

    0.98 miles

  • Lot 1

    1.00 miles

  • Friendly Bike Guest House

    0.25 miles

  • Caravan

    0.56 miles

  • Shift Vacation Rentals

    0.69 miles

  • Economy Inn

    0.95 miles

  • The Palms

    0.96 miles

  • White Eagle

    1.06 miles

  • Portland Super Value Inn

    1.15 miles

  • Kinley Manor

    1.22 miles

  • A Painted Lady Inn

    1.25 miles

  • Lion and the Rose

    1.30 miles

  • New Seasons Market

    0.43 miles

  • Natural Grocers

    0.46 miles

  • Whole Foods Market

    0.58 miles

  • Alberta Co-op

    0.73 miles

  • Cherry Sprout

    0.80 miles

  • Chuck's Market

    0.91 miles

  • Safeway

    0.91 miles

  • Don Pancho

    0.94 miles

  • Ross

    1.41 miles

  • Lloyd Center

    1.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact For Sale | Affordable housing development land site, 0.48 acre lot