#249638883, Quinn Irvine, Listing Office: MORE Realty
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
- Attached Garage: No
- View: Territorial
- List Price: $599,000
- Annual Tax Amount: $2,705
- Tax Year: 2023
- Lot: Corner Lot
- Directions: MLK Between Morgan & Bryant
- Lot Size: 0.23 Acres
- 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
The 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: 5/7/2025, 10:20:31 PM 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
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $54,956. Typical income of Portland, OR residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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?
Tennis- Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Crate & Barrel
Nordstrom Rack
Bloomingdales
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Chipotle
What do the neighbors drive?
BMW
Volvo
Audi
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7062 NE M L King Blvd
The listing price of 7062 NE M L King Blvd property is $599,000.
The property 7062 NE M L King Blvd is land located in Portland, Oregon, 97211.
Active Listing: 7062 NE M L King Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7062 NE M L King Blvd are: Woodlawn Elementary School (GreatSchools Rating 7/10), Dr. Martin Luther King Jr. Elementary School (GreatSchools Rating 7/10), Chief Joseph School (GreatSchools Rating 8/10), Ockley Green Middle School (GreatSchools Rating 6/10), Vernon Elementary School (GreatSchools Rating 8/10), Faubion School (GreatSchools Rating 5/10), Jefferson High School (GreatSchools Rating 8/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,705 (source: MLS/based on county public records data).
The last sale was on March 17, 2015 for $51,999 (source: MLS/tax record).
The property 7062 NE M L King Blvd is 0.23 acres.
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.
In April 2025, from all listings sold in Portland, OR there were more than 338 sold above asking price, over 313 sold below and more than 186 were sold right at the asked price. The number of listings in Portland, OR increased by 18.3% between March and April 2025. In April 2025 median list price was $549,429 and the average listing age was 48 days.
From Rocket Homes Real Estate and based on county public records data.