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$1,475,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 2845 NE M L King Blvd NE

General

  • Price: $1,475,000
  • Taxes: $13,431 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 287798087
  • Updated: 9/9/2025
  • Added to Site: 221 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Additional Information

  • Security/Safety: Fire Sprinkler System, Security Gate, Security Lights, Sidewalk

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Multnomah
  • Subdivision: Elliot
  • Driving Directions: NE M L King Blvd and NE Stanton Street

School Information

  • Elementary School: Boise-Eliot
  • Middle School: Harriet Tubman
  • High School: Jefferson

Community

  • Community Name: 142 - Portland Northeast

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Metal
  • Stories/Levels: 2
  • Year Built: 2007
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Concrete
  • Lot Features: Commons, Gated, Level, On Busline, Trees

Financial Considerations

  • Operating Expenses: $24,769
  • Tax Amount: $13,431.5
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: ALBINA, BLOCK 14, LOT 13-15 TL 4700
  • Property ID: R102125

Listed by MORE Realty (503) 353-6673, Eric Lincoln (503) 351-3573

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Listing agent

— 2845 NE M L King Blvd NE —

  • Eric Lincoln

    MORE Realty

    503-353-6673

503-351-3573

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2845 NE M L King Blvd NE

School District:Portland School District 1j
NameGradesDistance
Boise-Eliot Elementary School
620 North Fremont Street, Portland, OR 97227
PK-50.6 mi
Harriet Tubman Middle School
2231 North Flint Avenue, Portland, OR 97227
6-80.5 mi
Jefferson High School, Portland, OR
5210 North Kerby Avenue, Portland, OR 97217
9-121.4 mi
Grant High School
2245 Northeast 36th Avenue, Portland, OR 97212
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2845 NE M L King Blvd NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2025
Price Reduced
$1,475,000
-3.28%
MLS
8/05/2025
Price Reduced
$1,525,000
-8.13%
MLS
6/12/2025
Listed
$1,660,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by MORE Realty (503) 353-6673, Eric Lincoln (503) 351-3573

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2845 NE M L King Blvd NE, Portland, OR 97212 (MLS# 287798087) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 2845 NE M L King Blvd NE is currently listed for $1,475,000 and was received on June 12, 2025. Want to learn more about 2845 NE M L King Blvd NE? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

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