Listing provided courtesy of MORE Realty- MLS# 287798087
Contact Information: 503-351-3573
Contact Information: 503-351-3573Images
Request Info2845 NE M L KING BLVD NEPortland, OR 97212
Multi-Family · 0.15 Acres$1,475,000
Active
2845 NE M L KING BLVD NE Overview
- Time on Site:
- 382 days
- Visits:
- 12
This well maintained and professionally managed 6 plex with commercial street front just became available! Located in the sought after Elliot, this property features all one-bedroom units. Four of the six have vaulted ceilings. Two are upstairs with huge decks, large soaking tubs, separate shower and walk-in closets. All have in unit laundrys and air conditioning. This property provides diverse rental options for maximum appeal. Public Transportation is right at your doorstep and minutes from downtown and fwys. Gated courtyard living with front and back patios makes living easy and long term. Built by a respected local contractor known for high quality craftmanship and style. Locking lighted convienent garbage and recycling room and on-site mail boxes. With street side parking for successful business and liveablity.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
2845 NE M L KING BLVD NE Facts & Features
- Type Multi-Family
- Lot 0.15 Acres
Details
General
School Information
- Elementary School: Boise-Eliot
- Middle Or Junior School: Harriet Tubman
- High School: Jefferson
Income/Expenses
- Gross Income: 110840.0
- Net Operating Income: 99502.0
- Operating Expense: 24769.0
Building Information
- Year Built: 2007
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 142 - Portland Northeast
- Subdivision Name: Elliot
Community/Development
- Community Features: All Landscaping,Commons
Rent/Lease Information
- Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 13431.5
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional,FHA
- Parcel Number: R102125
- Property Condition: Existing
- Property Type: Multi Family
- Zoning: RHD
Interior
General Information
- Cooling: Wall Unit(s)
- Foundation Details: Slab
- Heating: Forced Air
- Security Features: Fire Sprinkler System,Security Gate,Security Lights,Sidewalk
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway,On Street
Lot Information
- Lot Features: Commons,Gated,Level,On Busline,Trees
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6534.0
- Road Surface Type: Concrete
- Water Source: Public Water
Building Exterior/Construction
- Roof: Metal
General Information
- Number Of Units Total: 7
- Sewer: Public Sewer
2845 NE M L KING BLVD NE Neighborhood
Community
97212 (Portland) Demographics
41
Median Age
10,541
Population Density (per sq. mile)
74%
College Educated
$108,305
Estimated Median Income
7,672
Estimated Total Home Owners
3,875
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2845 NE M L KING BLVD NE Monthly Cost
2845 NE M L KING BLVD NE Market Data
Based on the last 30 days in this zip code
$901,106
Average List Price
$343
Average Price per Square Foot
35
Properties Sold
74
Average Days on Market
81
Properties for Sale
2845 NE M L KING BLVD NE History
| Date | Value | Agent |
|---|---|---|
| 9/9/2025Source: Regional MLS | $1,475,000 -3.3% |
|
| 8/5/2025Source: Regional MLS | $1,525,000 -8.1% |
|
| 6/12/2025Source: Regional MLS | June 12, 2025 |