Excellent investment and development opportunity! Four platted lots ideally positioned at the corner of Morgan and MLK. Zoned CM2 and located in a high-visibility, high-traffic area. Property currently generates rental income from the car lot tenant, along with billboard income, providing holding income while planning for future development. Contact your agent for developer packet and additional property information. PLEASE DO NOT DISTURB TENANTS.
Active
$599,000
7062 NE M L King Blvd, Portland, OR 97211
--beds
0baths
10,018Square Feet
Unimproved Land
Built in ----
10,018 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-visibility high-traffic area
- 7 days
- 23
- 0
Zillow last checked:
Listing updated:
Listed by:
Cindy Somsanith info@farrellrealty.com,
Farrell Realty & Property Management, Inc
Source: RMLS (OR),MLS#: 178362334
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,018 Square Feet
- Features: Corner Lot, Level, SqFt 10000 to 14999
Details
- Additional structures: Existing Structures
- Parcel number: R155330
- Zoning: CM2
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Annual tax amount: $2,918
- Date on market: 9/2/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $599,000 |
Source:  RMLS (OR) #178362334 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Woodlawn
Nearby schools
Schools provided by the listing agent
- Elementary: Woodlawn
- Middle: Ockley Green
- 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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