Versatile ground-floor commercial condo in NE Portland offering exceptional flexibility for investors, owner-users, or live/work buyers. Featuring two separate entrances and dual addresses, this unique property presents a rare opportunity to occupy one space while leasing the other, or easily demising into two independent units. The space is filled with character, showcasing polished concrete floors, high ceilings, and an open, adaptable layout suited for a variety of uses including retail, studio, office, or creative workspace. Strong street presence and consistent traffic provide excellent visibility and accessibility for customers or clients. Whether you’re looking to establish a business, generate income, or create a dynamic live/work environment, this property offers the versatility and location to make it happen.
Active
$405,000
2809 NE M L King Blvd #2, Portland, OR 97212
--beds
1baths
1,137sqft
Residential, Condominium
Built in 2008
-- sqft lot
$-- Zestimate®
$356/sqft
$-- HOA
What's special
Open adaptable layoutExcellent visibility and accessibilityTwo separate entrancesHigh ceilingsStrong street presence
- 86 days |
- 140 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Max Breslau 503-939-8231,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 269746509
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Heating
- Radiant
Appliances
- Included: Electric Water Heater
Features
- High Ceilings
- Flooring: Concrete
Interior area
- Total structure area: 1,137
- Total interior livable area: 1,137 sqft
Property
Accessibility
- Accessibility features: Ground Level, One Level, Accessibility
Features
- Stories: 1
- Entry location: Ground Floor
Details
- Parcel number: R619489
- Zoning: CM3
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
Materials
- Other
- Roof: Built-Up
Condition
- Unknown
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Fire Sprinkler System
HOA
- Has HOA: Yes
- Amenities included: Exterior Maintenance, Insurance, Sewer, Trash, Water
Location
- Region: Portland
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $321,990
- Annual tax amount: $5,061
- Date on market: 4/28/2026
- Listing terms: Call Listing Agent,Cash,Conventional,FHA
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Listed for sale | $405,000+26.6%$356/sqft |
Source:  RMLS (OR) #269746509 Report a problem | ||
| 6/20/2019 | Sold | $320,000-8.5%$281/sqft |
Source: RMLS (OR) #19530851 Report a problem | ||
| 4/16/2019 | Pending sale | $349,900$308/sqft |
Source: RE/MAX Equity Group #19530851 Report a problem | ||
| 3/25/2019 | Price change | $349,900-6.7%$308/sqft |
Source: RE/MAX Equity Group #19530851 Report a problem | ||
| 2/6/2019 | Listed for sale | $375,000+10.3%$330/sqft |
Source: RE/MAX Equity Group #19530851 Report a problem | ||
| 12/20/2017 | Listing removed | $340,000$299/sqft |
Source: Hasson #17258828 Report a problem | ||
| 11/14/2017 | Listed for sale | $340,000$299/sqft |
Source: Hasson #17258828 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,062 +15.7% | $187,860 +3% |
| 2024 | $4,374 -0.6% | $182,390 +3% |
| 2023 | $4,400 +0.7% | $177,080 +3% |
| 2022 | $4,370 +3% | $171,930 +3% |
| 2021 | $4,242 +2.5% | $166,930 +3% |
| 2020 | $4,140 +3.8% | $162,070 +3% |
| 2019 | $3,988 | $157,350 +3% |
| 2018 | $3,988 +3% | $152,770 +3% |
| 2017 | $3,871 +14% | $148,330 +3% |
| 2016 | $3,395 | $144,010 +3% |
| 2015 | $3,395 +3% | $139,820 +3% |
| 2014 | $3,295 +3.6% | $135,750 +3% |
| 2013 | $3,181 +15% | $131,800 +3% |
| 2012 | $2,766 -0.1% | $127,970 +3% |
| 2011 | $2,769 +5.4% | $124,250 +3% |
| 2010 | $2,628 -38.2% | $120,640 -38% |
| 2009 | $4,252 +410.8% | $194,630 +396.5% |
| 2008 | $832 | $39,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Eliot
Nearby schools
GreatSchools rating
- 7/10Boise-Eliot Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Harriet Tubman Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Jefferson High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Boise-Eliot
- Middle: Harriet Tubman
- High: Jefferson
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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