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5581 NE Simpson ST Portland, OR $ 324,999
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$ 324,999 Get more info
5581 NE Simpson ST
$ 324,999
Back to search
Share Save

5581 NE Simpson ST

Portland, OR, 97218
$ 324,999
Baths0.0

Monthly Estimate*

$ 2,028

5581 NE Simpson ST, Portland, OR 97218 - Image 1
5581 NE Simpson ST, Portland, OR 97218 - Image 2
5581 NE Simpson ST, Portland, OR 97218 - Image 3
5581 NE Simpson ST, Portland, OR 97218 - Image 4
5581 NE Simpson ST, Portland, OR 97218 - Image 5
5581 NE Simpson ST, Portland, OR 97218 - Image 6
5581 NE Simpson ST, Portland, OR 97218 - Image 7
5581 NE Simpson ST, Portland, OR 97218 - Image 8
5581 NE Simpson ST, Portland, OR 97218 - Image 9
Studio

Lots and Land for sale in Portland, OR

for $324,999. The lot size is 0.2.

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.

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Lots and Land Active

Price

$ 324,999

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

MultiFamily

Lot Size

0.2

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

556164386
Features
General
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable PhoneAvailable PublicSewer WaterAvailable
Zoning R5
Property Subtype MultiFamily
Current Use RawLand
Parcel Number Not Found
County Multnomah
Property Type Land
HOA N
Subdivision Name CULLY NEIGHBORHOOD
Other Structures Shed
Status Active
Directions E on Killingsworth N on 55th E on Simpson
High School Leodis McDaniel
City Portland
Disclosures Disclosure
MLS Area _142
Lot Size Square Feet 8712.0
Listing Terms CallListingAgent Cash Conventional
Elementary School Rigler
Tax Annual Amount 0
Middle/Junior High School Beaumont
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Partition Plat 2024-56 Lot 2
ADU False
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Exterior
Lot Features FlagLot
Lot Dimensions 93.36x12+117.6x62.75
Lot Size Acres 0.2
Road Surface Type Paved
Number of Lots 1
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Internal Only
Street Number 1 5581
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* Excluded Features
List By
Keller Williams Realty Professionals

Broker

Carey@CareyHughesHomes.com

Email

Affordability Calculator

$2,028
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
--
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$324,999 -12.16% Price Down
6/27/2025$370,000 Listed Price

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5581 NE Simpson ST, Portland, OR, 97218 is a Lots and Land for sale at $324,999 with a lot size of 0.2. 5581 NE Simpson ST is a studio with 0.0 baths. The property's zip code is 97218 which is in Portland, OR

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