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240 NE M L King Blvd, Portland, OR 97232

Portland
Local realty services provided by:CENTURY 21 Northstar
240 NE M L King Blvd,Portland, OR 97232
$600,000
  • 0.14 Acres
  • Lots / Land
  • Active
Listed by: bradley king, lake shovoly
Office: keller williams realty portland premiere503-597-2444
MLS#:448098199
Source:PORTLAND

Price summary

  • Price:$600,000

About this home

Seize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.

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Home facts

  • Listing ID #:448098199
  • Added:267 day(s) ago
  • Updated:October 02, 2026 at 12:36 PM

Structure and exterior

  • Lot area:0.14 Acres
  • Lot Features:Corner Lot, Gated

Schools

  • High school:Cleveland
  • Middle school:Hosford
  • Elementary school:Buckman

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$600,000
  • Tax amount:$16,221 (2025)
MLS LogoAll 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 CENTURY 21 Northstar are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 2, 2026

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