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$250,000

  • Sold
  • Sold
  • Multi-Family
  • 0.2 Acres
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Offer deadline 1/31/2026 @ 5PM. Start building NOW! Don't miss this opportunity to purchase a .20 acre (8500 sqft) lot with FULLY APPROVED PERMITS. LTIC fees have been paid, with no additional right-of-way improvements necessary. Drawing set ready to build 4-townhome, 1100 sq ft units, 2beds, 2.1baths, assigned off-street parking per unit, private patios, & generous fenced yards. Units are eligible for SDC exemption program. This lot is located on a quiet bike street with quick access to parks, PDX airport, Cascade Station, Fremont, Concordia, Kennedy School, grocery stores, breweries, coffee shops, and food carts. Great for commuters with quick access to I-205 and I-84.

Full Property Details for 5581 NE Simpson St

General

  • Sold For: $250,000
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 556164386
  • Added to Site: 280 day(s) ago

Rental Information

  • Availability: Sale

Location

  • County: Multnomah
  • Subdivision: CULLY NEIGHBORHOOD
  • Driving Directions: E on Killingsworth, N on 55th, E on Simpson

School Information

  • Midd School District: Beaumont
  • Elementary School: Rigler
  • Middle School: Beaumont
  • High School: Leodis McDaniel

Community

  • Community Name: 142 - Portland Northeast

Utilities

  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available

Structural Information

  • Property Detached: Yes
  • Current Bldg. Use: Raw Land

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Dimensions: 93.36 x 12+117.6 x 62.75
  • Frontage: Paved
  • Lot Features: Flag Lot

Financial Considerations

  • Terms: Call Listing Agent, Cash, Conventional

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: Not Found

Listed by Keller Williams Realty Professionals (503) 546-9955, Carey Hughes (503) 516-7919 and Keller Williams Realty Professionals (503) 546-9955, Katharine Bergsgaard (503) 504-1263
Sold by Works Real Estate (503) 714-7053, Kevin Beever

Listing agents

— 5581 NE Simpson St —

  • Carey Hughes

    Keller Williams Realty Professionals

    503-546-9955

  • Katharine Bergsgaard

    Keller Williams Realty Professionals

    503-546-9955

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5581 NE Simpson St

School District:Portland School District 1j
NameGradesDistance
Rigler Elementary School
5401 Northeast Prescott Street, Portland, OR 97218
K-50.6 mi
Beaumont Middle School
4043 Northeast Fremont Street, Portland, OR 97212
6-81.4 mi
Leodis V. McDaniel High School
3905 Southeast 91st Avenue, Portland, OR 97266
9-125.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5581 NE Simpson St

Date
Details
Price
Change
Source
3/16/2026
Sold
$250,000
—
MLS
1/05/2026
Price Reduced
$250,000
-23.08%
MLS
11/13/2025
Price Reduced
$324,999
-12.16%
MLS
6/27/2025
Listed
$370,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty Professionals (503) 546-9955, Carey Hughes (503) 516-7919 and Keller Williams Realty Professionals (503) 546-9955, Katharine Bergsgaard (503) 504-1263
Sold by Works Real Estate (503) 714-7053, Kevin Beever

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Price Reduced near 5581 NE Simpson St

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11181 SE Adamson Ct, Milwaukie, OR 97222 - Photo 1 Price Reduced
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5581 NE Simpson St, Portland, OR 97218 (MLS# 556164386) is a Multi-Family property that was sold at $250,000 on March 16, 2026. Want to learn more about 5581 NE Simpson St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.