$599,000

7062 NE M L King Blvd Portland, OR 97211

0.2 acres
Land

Property details

About 7062 NE M L King Blvd

Excellent opportunity for investor/developer to own 4 platted lots on the corner of Morgan and MLK! Zoned CM2 -Great traffic area. Currently generating income from car lot and billboard which is great for future investors while awaiting development. Call for developers packet. PLEASE DO NOT DISTURB TENANTS.

Highlights

Home typeMixed Use
StatusActive
Lot size0.23 Acres
MLS #367429396
ViewTerritorial

Summary

  • MLS Number: 367429396
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Farrell Realty & Property Management, Inc
  • Office Email: info@farrellrealty.com
  • Listing Agent: Cindy Somsanith

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/14/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$599,000

7062 NE M L King Blvd

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Price information

Property sales

DateEventPrice
Mar 17, 2015
Home Sold
$51,999
Mar 17, 2015
Home Sold
$144,003
Mar 17, 2015
Home Sold
$51,999
Mar 17, 2015
Home Sold
$51,999
Feb 09, 2015
Home Sold
$300,000
Jan 20, 2006
Home Sold
$220,000
Oct 01, 1996
Home Sold
$52,500

Tax history

YearAssessmentProperty Tax
2023$102,090$2,705
2022$99,120$2,646
2021$96,240$2,646
2020$93,440$2,602
2018$88,080$2,231
2017$85,520$2,139

History based on county public records data.

Nearby schools

7

Woodlawn Elementary School

Public District PK-5

0.4 mi

7200 NE 11th Ave

7

Dr. Martin Luther King Jr. Elementary School

Public District PK-5

1.1 mi

4906 NE 6th Ave

8

Chief Joseph School

Public District KG-5

1.5 mi

2409 N Saratoga St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,956. The majority of Portland, OR residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

26%
<35k
63%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
14%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
42%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7062 NE M L King Blvd

This home is located at 7062 NE M L King Blvd in Portland, OR and zip code 97211 in the Northeast Portland neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $599,000.

While more than 260 listings in Portland, OR in March 2025 were sold above asking price, there were more than 174 listings sold at asking price, and more than 254 were sold below. The number of listings in Portland, OR increased by 11.5% between February and March 2025. In March 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $547,107.

From Rocket Homes Real Estate and based on county public records data.

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