$549,999

540 S NEVADA ST, Portland OR, 97219

Price per sqft$74.27

Lot size0.17 Acres

Property typeLand

Listing Courtesy of eXp Realty, LLC, Evan Nelson. 310-422-6044

Overview

Active

Listed Oct 1, 2025

Updated 4h ago

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.

Additional information

MLS^® ID: 274208765

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $6,574
Tax Frequency: Annually

Listing Courtesy of eXp Realty, LLC, Evan Nelson. 310-422-6044

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This content last updated on 9/18/2026, 7:27 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available