540 S NEVADA ST

Portland, 97219

  • Bed

  • Bath

  • SqFt

  • 1 DOM

  • Built:

  • Status: Active

$595,000

X

540 S NEVADA ST

Portland 97219

$595000

  • Bed

  • Bath

  • SqFt

  • 1 DOM

  • Built:

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Opportunity knocks! Take advantage of this rare offering, a 7,400 SqFt nearly level lot, zoned RM1, in an absolutely prime location! Based on Portland zoning specs, this site allows for a MINIMUM of 1 dwelling per 2,500 SqFt of land with no maximum number of dwellings specified. The current decommissioned pump house can be preserved and potentially repurposed into some form of commercial use, converted into residential use & expanded onto, or torn down to build completely new and maximize the building footprint and total unit count. Buyer to do due diligence. Seller may consider owner carried financing for a limited term if needed, either until construction financing funds, or permits are fully approved.

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Residence Information

  • No

Features and Utilities

Financial

  • 6573.54

  • 0

  • Cash,Other,OwnerWillCarry

  • 10-01-2025

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Other,OwnerWillCarry

  • $595,000

  • $595,000

  • Oct 02, 2025 11:24

Schools

Elementary : Capitol Hill N/A Ratings
Middle : Jackson N/A Ratings
High : Ida B Wells N/A Ratings

Map

Listing courtesy of eXp Realty, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Oct 02, 2025 12:59 | Listing last modified Oct 02, 2025 11:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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