Portland, OR 97219,540 S NEVADA ST
Portland, OR 97219,540 S NEVADA ST
Portland, OR 97219,540 S NEVADA ST
Portland, OR 97219,540 S NEVADA ST
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Jarrin Benson

Jarrin Benson

+1(503) 505-1718
Listed by eXp Realty, LLC • 310-422-6044
$ 595,000
Est. payment | /mo

7,405 Sqft Lot

Save
$ 595,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 274208765

HOA Y/N No

Annual Tax Amount $6,573

Tax Year 2024

Lot Size 7,405 Sqft

Property Sub-Type Multi Family

Property 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.

Location

State OR

County Multnomah

Area _148

Zoning RM1

Exterior

Utilities Available ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable

Garage No

Schools

Elementary Schools Capitol Hill

Middle Schools Jackson

High Schools Ida B Wells

Others

Acceptable Financing Cash, Other, OwnerWillCarry

Listing Terms Cash, Other, OwnerWillCarry

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Ainsworth Elementary School

    Public | KG - 5

  • 10

    Riverdale Grade School

    Public | PK - 8

  • 9

    Opal School of the Portland Children's Museum

    Public | KG - 5

  • 9

    Abernethy Elementary School

    Public | KG - 5

  • 9

    Winterhaven School

    Public | KG - 8

  • 8

    Capitol Hill Elementary School

    Public | KG - 5

  • 8

    Llewellyn Elementary School

    Public | KG - 5

  • 8

    Milwaukie Elementary School

    Public | KG - 5

  • 8

    Sunnyside Environmental School

    Public | KG - 8

  • 8

    Duniway Elementary School

    Public | KG - 5

  • 7

    Stephenson Elementary School

    Public | KG - 5

  • 6

    Rieke Elementary School

    Public | KG - 5

  • 6

    Southwest Charter School

    Public | KG - 8

  • 5

    El Puente

    Public | KG - 5

  • 5

    Grout Elementary School

    Public | KG - 5

  • 0

    Sonshine Express Preschool

    Private | KG - KG

  • 0

    St Thomas More School

    Private | KG - 8

  • 0

    Touchstone School

    Private | KG - 6

  • 0

    West Hills Learning Center

    Private | PK - TKG

  • 0

    Hilltop Preschool & Kindergarten

    Private | PK - TKG

Middle Schools 5
  • 8

    Sellwood Middle School

    Public | 6 - 8

  • 7

    Jackson Middle School

    Public | 6 - 8

  • 7

    Gray Middle School

    Public | 6 - 8

  • 5

    Hosford Middle School

    Public | 6 - 8

  • 0

    Northwest Academy

    Private | 6 - 12

High Schools 7
  • 9

    Riverdale High School

    Public | 9 - 12

  • 7

    Wilson High School

    Public | 9 - 12

  • 7

    Milwaukie Academy of the Arts

    Public | 9 - 12

  • 6

    Cleveland High School

    Public | 9 - 12

  • 6

    Milwaukie High School

    Public | 9 - 12

  • 0

    St Marys Academy

    Private | 9 - 12

  • 0

    Yourth Progress Learning Center

    Private | 9 - 12

School and business data provided by Attom Data.
Jarrin Benson

+1(503) 505-1718

jarrin@jarrinbenson.com

919 NE 19th Ave #100, Portland, OR, 97232

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540 S NEVADA ST