5614 NE SIMPSON ST Portland, OR $ 1,199,000
5614 NE SIMPSON ST
$ 1,199,000
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Open House 8/9 11am - 2pm
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5614 NE SIMPSON ST

Portland, OR, 97218
$ 1,199,000
Bedrooms7 Baths5.0 Sq 4,225

Monthly Estimate*

$ 7,571

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Multi-Family Home for sale in Portland, OR

for $1,199,000 with 7 bedrooms and 5 full baths. This 4,225 square foot home was built in 1938 on a lot size of 0.28.

Some properties are designed for a single household. Others are designed for a way of life. Over more than a decade, this one-of-a-kind Cully 3 HOME compound gradually evolved into 3 distinct, detached homes gathered around shared spaces, and each with its own personality and private yard (hello Myrtle, SoHo, and The Birds' Nest). Together, they offer a rare opportunity for multiple generations, close friends, or a combination of owner-occupancy and rental living to remain connected while enjoying the independence of separate homes. In many ways, the property reflects the neighborhood that surrounds it. Cully has long been known for its generous lots, gardens, and strong sense of community; a place where neighbors know one another and life often extends beyond the front door. This compound carries that same spirit, balancing quiet retreats with shared spaces where dinners stretch into the evening, gates stay open, and everyday moments are just as meaningful as special occasions. More than a collection of three homes, a workshop and a greenhouse, it is the story of a property thoughtfully shaped over time and an uncommon opportunity to live independently while remaining closely connected. Myrtle (Home A), built in 1938 is 1,917 sq ft and has 3 bedrooms & 1 bathroom. Soho (Home B), built in 2013 is 1,092 sq ft and has 2 bedrooms & 2 bathrooms. The Birds' Nest (Home C), built in 2023 is 800 sq ft and has 2 bedrooms & 2 bathrooms. The greenhouse is 208 sq ft & the workshop is 208 sq ft - both have a power source. Parking for 5+ cars and space for an RV. (See floor plans for details.) [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10187489]

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Open House

8/9/2026 11:00 AM - 2:00 PM
5614 NE SIMPSON ST Portland, OR
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,199,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,056

Style

Lot Size

0.28

Year Built

1938

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

468667022

Features
General
Sewer PublicSewer
Heating Ductless ForcedAir MiniSplit
Cooling HeatPump MiniSplit
Roof Composition
Zoning R5
Garage Spaces 0
Security Features None
Year Built 1938
Stories Count 2
Tax Year 2025
Parcel Number R197738
Gross Income 85200.0
Community Features FrontYardLandscaping
County Multnomah
Net Operating Income 55501.0
Operating Expense 25439.0
Property Type MultiFamily
HOA N
Subdivision Name CULLY
Rent Includes Electricity Gas Heat Sewer TrashCollection Water
Status Active
Directions 55th/ Killingsworth north on 55th Rt. on Simpson
High School Leodis McDaniel
City Portland
Disclosures Disclosure
Number Of Units Total 3
MLS Area _142
Lot Size Square Feet 12196.0
Listing Terms Cash Conventional
Elementary School Rigler
Tax Annual Amount 11056.86
Middle/Junior High School Beaumont
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description KILLINGSWORTH GARDENS BLOCK 11 E 64' OF LOT 3
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Interior
Basement CrawlSpace
Storage Attached Attic
Hot Water Tank Tankless
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Driveway Paved
Lot Features Level
Water Source PublicWater
Total Parking 5.0
Exterior Description CementSiding ShakeSiding ShingleSiding WoodSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 4225.0
Lot Size Acres 0.28
Road Surface Type Paved
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Internal Only
Street Number 1 5614
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* Excluded Features
List By
Vetiver Street Real Estate

Broker

studio@vetiverstreet.com

Contact

Affordability Calculator

$8,492
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$921
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/4/2026$1,199,000 Listed Price

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5614 NE SIMPSON ST, Portland, OR, 97218 is a Multi-Family Home for sale at $1,199,000 with 4,225 sqft and a lot size of 0.28. 5614 NE SIMPSON ST has 7 bedrooms, 5.0 baths, and was built in 1938. The property's zip code is 97218 which is in Portland, OR