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About This Home
This land at 540 S NEVADA St in Portland, OR is listed for $595,000 (0.17 acres).
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.
Key Features
- 0.17 acre lot
Location
540 S NEVADA St
Portland, OR 97219
Questions & Answers
This 0-bedroom, 0-bathroom land at 540 S NEVADA St is listed at $595,000. The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.
Key features include: 0.17 acre lot.
This property is listed by Evan Nelson and can be reached at 3104226044 or evan@the-egroup.com.
