3620 NE M L KING BLVD, Portland, OR 97212 | MLS #556474921 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Keller Williams Realty Portland PremiereMLS# 556474921MLS ProviderContact Information: 971-282-1806
  • 125 days on site
  • 0 views

Seize a rare opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. Comprised of three separate tax lots and zoned CM2, the site supports potential for a wide range of higher density residential, retail, office, and mixed use development potential. With strong street presence and consistent daily traffic exposure, the property is well positioned for a mixed use concept featuring active ground floor retail with residential above. Strategically located with convenient access to major arterials, public transit, and approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs further reinforce the long term fundamentals of this location. Buyer to perform all due diligence with the City regarding development capacity.

Source: Regional MLS, MLS#: 556474921

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  • Property Type
    Land
  • Lot
    0.21 acres

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  • Median Age
    41
  • Population Density
    10,541
  • College Educated
    74%
  • Estimated Median Income
    $108,305
  • Estimated Total Home Owners
    7,672
  • Estimated Total Renters
    3,875
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    28,770
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* 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
2/24/2026Source: Regional MLS Added to Database
February 24, 2026