240 NE M L King Blvd, Portland, OR 97232

Portland
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
240 NE M L King Blvd,Portland, OR 97232
$450,000
  • 0.14 Acres
  • Lots / Land
  • Active
Listed by: bradley king, lake shovoly
Office: keller williams realty portland premiere503-597-2444
MLS#:448098199
Source:PORTLAND

Price summary

  • Price:$450,000

About this home

Seize this rare opportunity to acquire a developable 5,463 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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:448098199
  • Added:310 day(s) ago
  • Updated:November 13, 2026 at 10:29 PM

Structure and exterior

  • Lot area:0.14 Acres
  • Lot Features:Corner Lot, Gated

Schools

  • High school:Cleveland
  • Middle school:Hosford
  • Elementary school:Buckman

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$450,000
  • Tax amount:$16,221 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Better Homes and Gardens Real Estate Realty Partners are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: November 13, 2026

New listings near 240 NE M L King Blvd