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Multifamily Development Site in Portland
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3800 NE Martin Luther King Jr Blvd, Portland, OR 97212

Previously approved development site with 83 projected units.

Property SizeContact for details
Lot Size0.44 Acres
Days on Market1431

Property Features for 3800 NE Martin Luther King Jr Blvd

General Information

Standard status Active
Lot size 0.44 Acres
Property subtype Land
Zoning CM3
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR 200403266
Source: Crexi
Added: Sep 21, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

This is a previously approved multifamily development site located in Northeast Portland. The site has high visibility and a total land area of 19,200 square feet, comprising four parcels. The project anticipates 83 units, including 74 residential units and 9 live/work units. The total gross area for all buildings is projected to be 46,139 square feet, with a total rentable area of 35,118 square feet.

Key Highlights

  • Previously approved multifamily development site
  • High‑visibility location in NE Portland
  • 83 projected units, including 9 live/work units

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Previously approved development site with 83 projected units.
Where is this residential land & home lot located?
The property is located at 3800 NE Martin Luther King Jr Blvd Portland, OR.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Previously approved multifamily development site; High‑visibility location in NE Portland; 83 projected units, including 9 live/work units
(503) 222-2655 Call to check price and availability
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