240 NE M L KING BLVD, Portland, OR 97232 | MLS #448098199 | Cascade Hasson Sotheby’s International Realty

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Keller Williams Realty Portland PremiereMLS# 448098199MLS ProviderContact Information: 971-282-1806
  • 144 days on site
  • 0 views

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.

Source: Regional MLS, MLS#: 448098199

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Land

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Managing Principal

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    35
  • Population Density
    7,421
  • College Educated
    69%
  • Estimated Median Income
    $59,109
  • Estimated Total Home Owners
    2,033
  • Estimated Total Renters
    5,963
  • Owner / Renter Divide
    25% / 75%
  • Estimated Average Household Size
    2
  • Total Population
    14,140
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
2/5/2026Source: Regional MLS Added to Database
February 05, 2026