Active

Price cut: $105K (8/4)

$1,370,000

2845 NE M L King Blvd, Portland, OR 97212

6beds

4,700sqft

$10,178/mo

Get pre-qualified

Multi Family

Built in 2007

-- sqft lot

$-- Zestimate^®

$291/sqft

$-- HOA

What's special

Huge decksFront and back patiosAir conditioningSeparate showerVaulted ceilingsLarge soaking tubsWalk-in closets

Well maintained and professionally managed 6 plex with commercial store front. The large commercial space can be split into two separate commercial units. This complex features all one-bedroom living spaces. Two upper units have vaulted ceilings with huge decks, large soaking tubs, separate shower and walk-in closets. All have in-unit laundry and air conditioning. Public Transportation is right at your doorstep and minutes from restaurants and downtown. Gated courtyard living with front and back patios makes living easy and long term. Built by a respected local contractor known for high quality craftmanship and style. Locking lighted convenient garbage and recycling room and on-site mailboxes. With street side parking for successful business and livability.

498 days
76
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 7
Full bathrooms: 7

Heating

Forced Air

Cooling

Wall Unit(s), Air Conditioning

Appliances

Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater, Tank Water Heater

Features

Storage

Interior area

Total structure area: 4,700
Total interior livable area: 4,700 sqft

Property

Parking

Parking features: Driveway, On Street
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Deck
Has view: Yes
View description: Seasonal

Lot

Size: 6,534 Square Feet
Features: Commons, Gated, Level, On Busline, Trees, SqFt 5000 to 6999

Details

Parcel number: R102125
Zoning: RHD

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement Siding, Lap Siding
Foundation: Slab
Roof: Metal

Condition

Existing
Year built: 2007

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected

Community & HOA

Community

Features: All Landscaping, Commons
Security: Fire Sprinkler System, Security Gate, Security Lights, Sidewalk
Subdivision: Elliot

HOA

Has HOA: No

Location

Region: Portland

Financial & listing details

Price per square foot: $291/sqft
Tax assessed value: $1,623,360
Annual tax amount: $13,431
Date on market: 6/12/2025
Listing terms: Cash,Conventional,FHA
Total actual rent: 10990
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/4/2026	Price change	$1,370,000-7.1%$291/sqft
Source: RMLS (OR) #287798087 Report a problem
6/29/2026	Listed for sale	$1,475,000$314/sqft
Source: RMLS (OR) #287798087 Report a problem
6/13/2026	Listing removed	$1,475,000$314/sqft
Source: RMLS (OR) #287798087 Report a problem
9/10/2025	Price change	$1,475,000-3.3%$314/sqft
Source: RMLS (OR) #287798087 Report a problem
8/5/2025	Price change	$1,525,000-8.1%$324/sqft
Source: RMLS (OR) #287798087 Report a problem
6/12/2025	Listed for sale	$1,660,000$353/sqft
Source: RMLS (OR) #287798087 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,932 +3.7%	$517,070 +3%
2024	$13,432 +4%	$502,010 +3%
2023	$12,915 +2.2%	$487,390 +3%
2022	$12,636 +1.7%	$473,200 +3%
2021	$12,422 +9%	$459,420 +3%
2020	$11,395 +3.8%	$446,040 +3%
2019	$10,976	$433,050 +3%
2018	$10,976 +3%	$420,440 +3%
2017	$10,653 +14%	$408,200 +3%
2016	$9,344	$396,320 +3%
2015	$9,344	$384,780