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Mixed-Use Land for Sale in Portland, Oregon
240 NE M L King Blvd, Portland, OR 97232
$600,000
0.13 acres
Active
Est $5,447/moSeize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.
Location
- Street address
- 240 NE M L King Blvd
- County
- Multnomah County
- Elevation
- 77 feet
Property details
- Lot size
- 0.134 acres5,837 sq ft
- Zoning
- EX
- MLS #
- RMLS 448098199
- Posted
Property taxes
- Recent
- $16,221
Parcels
- R150150
Legal description
EAST PORTLAND, BLOCK 109, LOT 1 EXC PT IN ST, N 15' OF LOT 2 EXC
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Lot
- View
- City
Nearby schools
| Name | Type |
|---|---|
| Buckman | Elementary |
| Hosford | Middle |
| Cleveland | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 7, 2026 | New listing | $600,000 | — | RMLS |
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