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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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240 NE M L King Blvd , Portland, OR 97232
$600,000
Est. Payment: $3,064.29/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 243
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KWPP01 - KINGJOSE,SHOVOLYL
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House Description

Seize 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.

Highlights

Listed by Bradley King , 503-313-8262 and Lake Shovoly , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
0.14

County

Multnomah

Area

142 - Portland Northeast

Listing ID

448098199

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Level,Corner Lot,Gated
Zoning:EX
Principal Interest
$3,064
Taxes
$1,352

Home Price

$600,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,064.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,064.29 $1,351.73 $0.00 $4,416.02
Yearly $36,771.53 $16,220.75 $0.00 $52,992.28
Total $1,103,145.94 $486,622.50 $0.00 $1,589,768.44

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-09-07T13:53:59.000Z

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