5581 NE Simpson St

Portland, OR 97218

$250,000
Price
8,712 / 0.2
Lot Size / Acres
an aerial view of residential houses and car parked
a picture of a floor plan
a view of a small house with wooden fence
a view of a house with a street
a view of backyard with green space
an aerial view of a

Description

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...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.
  1. Listed by Carey Hughes • Keller Williams Realty Professionals
  2. Listed by Katharine Bergsgaard • Keller Williams Realty Professionals

Property Details for 5581 Northeast Simpson Street

Subdivision
CULLY NEIGHBORHOOD
Zoning
R5
LISTING UPDATED: 01/05/2026 09:37 AM

Property Details for 5581 Northeast Simpson Street

StatusActive
MLS #556164386
Days on Market220
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size0.20 AC
CountyMultnomah County

Location

Listing Courtesy of Keller Williams Realty Professionals
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Building Information for 5581 Northeast Simpson Street

Building Size-Lot Size0.20 AC

Payment Calculator

$1,472 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,218

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5581 Northeast Simpson Street

Summary
Location and General Information
  • Country: US
  • Directions: E on Killingsworth, N on 55th, E on Simpson
  • Road Surface: Paved
School Information
  • Elementary School: Rigler
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Beaumont
Taxes and HOA
  • Tax Annual Amount: $.00
  • Parcel Number: Not Found
  • Tax Legal Description: Partition Plat 2024-56, Lot 2
Property
Lot Information
  • Acres: 0.2
  • Lot Description: Flag Lot
  • Lot Size Square Feet: 8712.0
  • Lot Size Dimension: 93.36x12+117.6x62.75
  • Number Of Lots Total: 1
  • Current Use: Raw Land
  • Land Description: Gentle Sloping, Level
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: Shed

Public Records for 5581 Northeast Simpson Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,046 ($254 / month)
Home Facts
Lot Size8,500 SqFtStyleMiscellaneousCountyMULTNOMAHAPN1N2E18DC 01604

Schools near 5581 Northeast Simpson Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Rigler Elementary School
Public - K to 5
Beaumont Middle School
Public - 6 to 8
Leodis V. McDaniel High School
Public - 9 to 12
Kairos PDX
Charter - K to 5
Rating
School
Distance
Rigler Elementary School
PublicK to 5

Beaumont Middle School
Public6 to 8

Leodis V. McDaniel High School
Public9 to 12

Kairos PDX
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5581 Northeast Simpson Street, Portland, OR 97218

5581 Northeast Simpson Street is a 0.2 ac of land for sale in Portland, OR 97218. This property was listed for sale on June 27, 2025 by Keller Williams Realty Professionals, it's currently listed at $250,000. This listing's school district is Portland School District 1j. Nearby schools include Rigler Elementary School, Beaumont Middle School and Leodis V. McDaniel High School. 5581 Northeast Simpson Street is a 0-bed, 0-bath, 0.2 ac of land on a 8,712 sq. ft. / 0.2 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Professionals

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 01/05/2026 09:37 AM