For Sale | Affordable housing development land site, 0.48 acre lot

4045 NE Martin Luther King Jr Blvd, Portland, OR 97212

  • For Sale $2,500,000
  • Property Type Other
  • Lot Size 0.48 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 21, 2024

4045 NE Martin Luther King (MLK) Boulevard is an exceptional opportunity with potential for high density residential. Situated in a prime location along MLK Boulevard in Portland, it offers excellent access to local amenities and transportation. The property boasts a large, well-proportioned lot that provides ample space for construction with access from both NE Garfield and MLK.
The property’s potential is further enhanced by the growing demand for affordable housing development in a section of Portland that has seen significant rental growth over the past decade. With its vibrant community and diverse economy, the area is highly desirable for businesses and residents alike, making it an excellent choice for developers looking to build an asset that will provide public good and stable housing for generations.

Overall, 4045 NE MLK is a highly attractive development opportunity that offers numerous benefits to investors and the local community. Its prime location, size, and design make it an excellent choice for anyone looking to invest in Portland’s dynamic real estate market.

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Contacts

broker
Sean Worl
broker
Kenneth Verbeck
broker
Trevor Kafoury
broker
Autumn Brice

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    100/100 Biker's Paradise
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood King
  • Zip Code 97212
  • Market Portland

Points of Interest

  • New Rose City Cab Company

    0.77 miles

  • Northeast Weidler & 2nd

    1.28 miles

  • Northeast Weidler & Grand

    1.28 miles

  • Northeast Grand & Multnomah

    1.45 miles

  • Northeast 7th & Holladay

    1.54 miles

  • Northeast Grand & Hoyt

    1.75 miles

  • Northeast Martin Luther King & Hoyt

    1.76 miles

  • Northwest 10th & Northrup

    1.76 miles

  • Northwest Northrup & 12th

    1.80 miles

  • Northwest 11th & Marshall

    1.81 miles

  • Chevron

    0.34 miles

  • 76

    0.71 miles

  • Blink

    0.97 miles

  • Shell

    1.22 miles

  • Arco

    1.54 miles

  • Fastrak

    1.60 miles

  • Electrify America

    1.81 miles

  • EVgo

    1.88 miles

  • Space Age

    1.93 miles

  • Electric Island

    2.02 miles

  • Parking 4

    0.64 miles

  • Parking 1

    0.70 miles

  • Emergency Parking

    0.72 miles

  • Parking 3

    0.80 miles

  • Parking 2

    0.84 miles

  • Lot 3

    0.85 miles

  • Lot 2

    0.88 miles

  • Interstate Medical Office Parking Garage

    0.90 miles

  • Lot 4

    0.98 miles

  • Lot 1

    1.00 miles

  • Friendly Bike Guest House

    0.25 miles

  • Caravan

    0.56 miles

  • Shift Vacation Rentals

    0.69 miles

  • Economy Inn

    0.95 miles

  • The Palms

    0.96 miles

  • White Eagle

    1.06 miles

  • Portland Super Value Inn

    1.15 miles

  • Kinley Manor

    1.22 miles

  • A Painted Lady Inn

    1.25 miles

  • Lion and the Rose

    1.30 miles

  • Lalibela

    0.10 miles

  • Cedo's

    0.13 miles

  • Sengatara Restaurant

    0.15 miles

  • XLB

    0.22 miles

  • Quesabrosa

    0.24 miles

  • MLK Street Food

    0.24 miles

  • Brasa Haya

    0.24 miles

  • Poa Café

    0.25 miles

  • Matador North Portland

    0.25 miles

  • PDX Sliders

    0.25 miles

  • Dr. Martin Luther King Jr. Elementary School

    0.34 miles

  • Maimonides Jewish Day School

    0.36 miles

  • Saint Andrew Nativity School

    0.44 miles

  • Self Enhancement Incorporated Academy

    0.48 miles

  • KairosPDX Learning Academy

    0.54 miles

  • Boise-Eliot Elementary School

    0.63 miles

  • Sabin Elementary School

    0.68 miles

  • Jefferson High School

    0.73 miles

  • Portland Opportunities Industrialization Center

    0.87 miles

  • Portland Community College Cascade

    0.91 miles

  • Albina Head Start Traci Rose Center

    0.09 miles

  • Albina Head Start Carolyn Young Center

    0.09 miles

  • Albina Head Start

    0.36 miles

  • Pockets Full of Posies Child Development Center

    0.57 miles

  • Albina Early Head Start

    0.69 miles

  • Hummingbird School

    0.94 miles

  • Aprende con Amigos Preschool Academy

    1.11 miles

  • Sunshine Center Childcare and Preschool

    1.23 miles

  • Sweet Day Community School

    1.29 miles

  • MetroKids Playground

    1.78 miles

Frequently Asked Questions

How much does For Sale | Affordable housing development land site, 0.48 acre lot cost?

The space currently listed for sale at For Sale | Affordable housing development land site, 0.48 acre lot asks for $2,500,000.

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Contact For Sale | Affordable housing development land site, 0.48 acre lot