540 S NEVADA ST, Portland, OR 97219
- $595,000
Overview
- Land, MultiFamily
- 274208765
- 0.17 Acres
- eXp Realty, LLC
- Evan Nelson
Description
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.
Details
Updated on March 16, 2026 at 7:21 am-
MLS# 274208765
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Price $595,000
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Land Area 0.17 Acres
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Garage Size x x
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Property Type Land, MultiFamily
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Property Status Active
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Office Name eXp Realty, LLC
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Agent Name Evan Nelson
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Office Phone 888-814-9613
Additional details
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Listing Terms Cash, Other, Owner Will Carry
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Utilities Electricity Available, Natural Gas Available, Public Sewer, Water Available
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County Multnomah
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Property Type Land
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Elementary School Capitol Hill
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Middle School Jackson
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High School Ida B Wells
Walkscore
Mortgage Calculator
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Contact Information
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Disclaimer (Because Lawyers Are Fun):
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
