# 7062 NE M L KING Blvd, Portland, OR 97211

> **TL;DR:** land, $599,000.
> View. Est. $3,204/mo. Listed 62 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $599,000 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 62 |

## Why This Home Stands Out

- **Views** - Territorial

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,029 |
| Estimated Insurance | $175 |
| **Total** | **$3,204** |

## Nearby Schools

- **Elementary:** Woodlawn
- **Middle:** Ockley Green
- **High:** Jefferson

## Key Amenities

- View

## Property Highlights

- 0.23 acre lot

## Description

### Agent Description
Excellent investment and development opportunity! Four platted lots ideally positioned at the corner of Morgan and MLK. Zoned CM2 and located in a high-visibility, high-traffic area. Property currently generates rental income from the car lot tenant, along with billboard income, providing holding income while planning for future development. Contact your agent for developer packet and additional property information. PLEASE DO NOT DISTURB TENANTS.

## Location

- **Address:** 7062 NE M L KING Blvd, Portland, OR 97211
- **County:** Multnomah
- **Coordinates:** 45.574241, -122.660894
- **Google Maps:** https://www.google.com/maps?q=45.574241,-122.660894

## Listing Agent

- **Name:** Cindy Somsanith
- **Brokerage:** Farrell Realty &  Property Management
- **Broker Phone:** (503) 750-8298
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7062-NE-M-L-King-Blvd_Portland_OR_97211_M11255-43798?f=listhub&s=RMLSOR&m=178362334&c=propsimple)

## Photos

![7062 NE M L KING Blvd - Photo 1](http://lh.rdcpix.com/6d53ce4b0afc8d45aa0226c355e61dbcl-f2462385099r.jpg)

![7062 NE M L KING Blvd - Photo 2](http://lh.rdcpix.com/6d53ce4b0afc8d45aa0226c355e61dbcl-f2330636356r.jpg)

![7062 NE M L KING Blvd - Photo 3](http://lh.rdcpix.com/6d53ce4b0afc8d45aa0226c355e61dbcl-f2392487391r.jpg)

![7062 NE M L KING Blvd - Photo 4](http://lh.rdcpix.com/6d53ce4b0afc8d45aa0226c355e61dbcl-f3684273447r.jpg)

![7062 NE M L KING Blvd - Photo 5](http://lh.rdcpix.com/6d53ce4b0afc8d45aa0226c355e61dbcl-f813756421r.jpg)

![7062 NE M L KING Blvd - Photo 6](http://lh.rdcpix.com/6d53ce4b0afc8d45aa0226c355e61dbcl-f346515451r.jpg)

---

**MLS#:** 178362334 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/7062-ne-m-l-king-blvd-portland-or-97211-c3dfc53b8a3b43e383f3e82a4d59b254)

---

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