- For Sale $2,500,000
- Property Type Other
- Lot Size 0.48 Acre
- Date Updated Apr 23, 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
Sean Worl
Kenneth Verbeck
Trevor Kafoury
Autumn Brice
Location
Getting Around
-
Walk Score ®
Walker's Paradise (93) -
Transit Score ®
Good Transit (50) -
Bike Score ®
Biker's Paradise (100)
- City Portland, OR
- Neighborhood King
- Zip Code 97212
- Market Portland
Points of Interest
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New Rose City Cab Company
0.77 miles
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Overlook Park
0.97 miles
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North Prescott Street
1.00 miles
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Albina/Mississippi
1.13 miles
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North Killingsworth Street
1.20 miles
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Northeast Broadway & 2nd
1.23 miles
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Northeast Grand & Broadway
1.25 miles
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Northeast Weidler & 2nd
1.28 miles
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Northeast Weidler & Grand
1.28 miles
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North Broadway & Ross
1.32 miles
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Chevron
0.34 miles
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76
0.71 miles
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Shell
0.86 miles
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76
1.20 miles
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76
1.20 miles
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Shell
1.22 miles
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Arco
1.54 miles
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Fastrak
1.60 miles
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76
1.69 miles
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Blink
1.87 miles
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U-Park
0.56 miles
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Parking 4
0.64 miles
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Parking 1
0.70 miles
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Emergency Parking
0.72 miles
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Parking 3
0.80 miles
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Parking 2
0.84 miles
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Lot 3
0.85 miles
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Lot 2
0.88 miles
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Interstate Medical Office Parking Garage
0.90 miles
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Lot 4
0.98 miles
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La Cocina
0.10 miles
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Ned Ludd
0.11 miles
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Cedo's
0.13 miles
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Sengatara Restaurant
0.15 miles
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XLB
0.22 miles
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British Overseas Restaurant Corporation
0.23 miles
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Quesabrosa
0.24 miles
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Brasa Haya
0.24 miles
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Poa Café
0.25 miles
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Lua
0.25 miles
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United Bicycle Institute
0.27 miles
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Hipcooks
0.29 miles
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Dr. Martin Luther King Jr. Elementary School
0.34 miles
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Saint Andrew Nativity School
0.44 miles
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Self Enhancement Incorporated Academy
0.48 miles
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Boise-Eliot Elementary School
0.63 miles
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Heritage School of Interior Design
0.68 miles
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Sabin Elementary School
0.68 miles
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Jefferson High School
0.73 miles
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Portland Opportunities Industrial Center
0.87 miles
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Albina Head Start Traci Rose Center
0.09 miles
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Albina Head Start
0.36 miles
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Albina Head Start
0.45 miles
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Growing Seeds
0.67 miles
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Albina Early Head Start
0.69 miles
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Sonbeam Day Care
1.40 miles
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Chapman Elementary School @ The Ramona
1.72 miles
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MetroKids Playground
1.78 miles
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Purple Moon
1.86 miles
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WeVillage
2.06 miles
