Map location of 540 S NEVADA ST, Portland, OR 97219
$595,000
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540 S Nevada St, Portland, OR 97219

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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.

Listing By: Evan Nelson - eXp Realty, LLC orrmls Realty.com
  • MLS# 274208765
  • Date Listed10/01/2025
  • Days on Realty 84 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.17 acres (7,405 sq. ft)
  • Sewer Public Sewer
  • County Multnomah

Interior Features

  • Cooling None
  • Heating None

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.17
  • Lot Size SQFT 7,405.00
  • Lot Features Level

Directions

S Macadam & Nevada

Financial Considerations

  • Tax Amount $6,574
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Duniway Elementary School

Public • PK - 5 • Serves this home

3.04 mi

Distance

Riverdale Grade School

Public • PK - 8

3.41 mi

Distance

River Grove Elementary School

Public • PK - 5

5.62 mi

Distance

Chapman Elementary School

Public • 1 - 5

6.04 mi

Distance

Irvington K-8 School

Public • PK - 5

6.93 mi

Distance

Lake Grove Elementary School

Public • PK - 5

7.1 mi

Distance

Day Treatment Program

Public • PK - 12

8.05 mi

Distance

Robert Gray Middle School

Public • 6 - 8

2.03 mi

Distance

Sellwood Middle School

Public • 6 - 8

2.06 mi

Distance

Jackson Middle School

Public • 6 - 8 • Serves this home

3.46 mi

Distance

Hosford Middle School

Public • 6 - 8

4.39 mi

Distance

Lake Oswego Junior High School

Public • 6 - 8

4.68 mi

Distance

Lane Middle School

Public • 6 - 8

5.14 mi

Distance

Rowe Middle School

Public • 6 - 8

5.24 mi

Distance

Da Vinci Arts Middle School

Public • 6 - 8

5.27 mi

Distance

Kellogg Middle School

Public • 6 - 8

6.44 mi

Distance

West Sylvan Middle School

Public • 6 - 8

6.69 mi

Distance

Ida B Wells High School

Public • 9 - 12 • Serves this home

1.39 mi

Distance

Riverdale High School

Public • 9 - 12

2.33 mi

Distance

Cleveland High School

Public • 9 - 12

3.58 mi

Distance

Milwaukie Academy Of The Arts

Public • 9 - 12

4.02 mi

Distance

Milwaukie High School

Public • 9 - 12

4.02 mi

Distance

Lake Oswego Senior High School

Public • 9 - 12

4.68 mi

Distance

Lincoln High School

Public • 9 - 12

4.88 mi

Distance

Franklin High School

Public • 9 - 12

5.2 mi

Distance

New Urban High School

Public • 9 - 12

5.77 mi

Distance

Clackamas Middle College

Public • 9 - 12

7.32 mi

Distance

Building Bridges

Private • UG - UG

1.74 mi

Distance

Ma'ayan Ha Torah Day School

Private • PK - 10

2.7 mi

Distance

Portland Waldorf School And Early Childhood

Private • PK - 12

3.25 mi

Distance

St Marys Academy

Private • 09 - 12

3.76 mi

Distance

Portland Chinese School

Private • PK - 12

3.76 mi

Distance

The Northwest Academy

Private • 06 - 12

4.76 mi

Distance

De Paul Treatment Centers

Private • 07 - 12

4.76 mi

Distance

Urban Education Alternative School Outside In School

Private • 09 - 12

4.88 mi

Distance

Central Catholic High School

Private • 09 - 12

5.27 mi

Distance

Pacific Crest Community School

Private • 06 - 12

5.27 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in OR / 97219

Source: Walkscore

53/100

Somewhat Walkable

Walk Score ®

41/100

Some Transit

Transit Score ®

83/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

8 nearby routes: 8 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 44/100, Bike Score: 67/100.

Property Change History

Agent added 3 new photos to the listing
1 → 4 photos
Property description updated with new details

Points of Interest near 540 S NEVADA ST, Portland, OR 97219

Frequently Asked Questions for 540 S NEVADA ST

Source: Realty.com

540 S NEVADA ST, Portland, OR 97219 is a Multi Family, Land property listed for $595,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 4 photos of 540 S NEVADA ST.

The full address for this home is 540 S NEVADA ST, Portland, OR 97219.

540 S NEVADA ST has been listed on Realty.com since Wed October 01, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 44/100, Bike Score: 67/100.

There are 3 schools assigned to this home. Check out the schools near 540 S NEVADA ST. Duniway Elementary School (Grades: PK - 5), Jackson Middle School (Grades: 6 - 8), Ida B Wells High School (Grades: 9 - 12)

Listing provided courtesy of: Exp Realty, Llc (tel: 888-814-9613)
Listing agent: Evan Nelson (#NELSONEV)

This content last refreshed on 2025-12-24 07:28:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 540 S NEVADA ST, Portland, OR 97219 : MLS# 274208765

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