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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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540 S Nevada St , Portland, OR 97219
$549,999
Est. Payment: $2,765.49/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 295
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Sarita Dua
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House 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.
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Highlights

Listed by Evan Nelson , 310-422-6044 eXp Realty, LLC , 888-814-9613. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land
Lot/Acreage
0.17

County

Multnomah

Area

148 - Portland NW/ SW/ S, Raleigh Hills

Listing ID

274208765

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:Gentle Sloping,Level
Zoning:RM1
Principal Interest
$2,765
Taxes
$548

Home Price

$549,999

Loan Details

30 yrs
6.446%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,765.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,765.49 $547.80 $0.00 $3,313.28
Yearly $33,185.84 $6,573.54 $0.00 $39,759.38
Total $995,575.29 $197,206.20 $0.00 $1,192,781.49

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Portland, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-07-24T01:19:15.000Z

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