6061 NE SIMPSON ST Portland, OR $ 2,800,000
6061 NE SIMPSON ST
$ 2,800,000
New Construction
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6061 NE SIMPSON ST

Portland, OR, 97218
$ 2,800,000
Bedrooms6 Baths6.0 Sq 7,065

Monthly Estimate*

$ 17,468

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Multi-Family Home for sale in Portland, OR

for $2,800,000 with 6 bedrooms and 6 full baths. This 7,065 square foot home was built in 2024 on a lot size of 0.24.

A newly constructed property in the Cully neighborhood, boasting a contemporary design aesthetic, is fully rented out and presents a fantastic investment opportunity. This turnkey property offers the added advantage of a completed condo plat, allowing the new owner to finalize and file the necessary documents to convert the units into individual condos at any time, providing flexibility and potential for increased returns.

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Multi-Family Active

Price

$ 2,800,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 15,000

Style

Lot Size

0.24

Year Built

2024

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

24237499

Features
General
Sewer PublicSewer
Heating MiniSplit
Cooling MiniSplit
Roof Composition
Zoning RM1
Year Built 2024
Stories Count 2
Tax Year 2023
Parcel Number R197589
Gross Income 218040.0
County Multnomah
Net Operating Income 192080.0
Operating Expense 10960.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions NE Simpson & NE 60th
High School Leodis McDaniel
City Portland
Number Of Units Total 8
MLS Area _142
Lot Size Square Feet 10454.0
Listing Terms Cash Conventional Other
Elementary School Rigler
Tax Annual Amount 15000.0
Middle/Junior High School Beaumont
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description KILLINGSWORTH GARDENS BLOCK 2 E 50' OF LOT 21 EXC PT IN ST POT
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Exterior
Parking Features Paved
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding
Building Area Total 7065.0
Lot Size Acres 0.24
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 3
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Internal Only
Street Number 1 6061
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* Excluded Features
List By
Exp Realty, Llc

Broker

971-506-9970

Contact

Affordability Calculator

$18,718
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,468
Monthly Property Taxes
$1,250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3269614 Elementary School
3269609 Middle School
Leodis McDaniel High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$2,800,000 Listed Price

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6061 NE SIMPSON ST, Portland, OR, 97218 is a Multi-Family Home for sale at $2,800,000 with 7,065 sqft and a lot size of 0.24. 6061 NE SIMPSON ST has 6 bedrooms, 6.0 baths, and was built in 2024. The property's zip code is 97218 which is in Portland, OR