4041-4045 NE Martin Luther King Blvd - Residential LAND FOR SALE


Portland, OR 97212- King20,909 SF
$2,500,000 USD
503-499-0082
4041-4045 NE Martin Luther King Blvd, Portland, OR for Sale
$2,500,000 USD
Residential LAND - FOR SALE
1/14
20,909 SF

4041-4045 NE Martin Luther King Blvd
Portland, OR 97212
King


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$5,208,284/AC

PRICE/SF

$120 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.48 AC

LAND SF

20,909 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RM4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sean WorlColliersMore Info
503-499-0082

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Sean WorlColliersMore Info
503-499-0082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.