New - 5 days on Rocket
$7,113 Closing Credit¹
#340361972, Paris Fettig, Listing Office: Premiere Property Group, LLC
$575,000 List price
4505 NE Simpson St Portland, OR 97218
$6,828
Closing credit¹
4 beds
3 full
3,984 sqft
0.2 acres
$144 / sqft
House
Property details
About 4505 NE Simpson St
Discover the potential of this unique ranch-style home situated on a sprawling corner lot in one of Portland’s friendliest communities. Priced well under recent appraised value, this spacious 4-bed, 3-bath home offers over two levels of living space ready for you to make your own. With recent updates such as a newer roof, heating system, electrical panel and a 78-gallon water heater, the heavy lifting is done—all that’s left are cosmetic updates to match your style. The expansive lot provides incredible possibilities: create lush garden beds, design an outdoor entertaining oasis or explore options for an ADU. Located within the vibrant Ainsworth Street Collective and bordering the Cully and Concordia neighborhoods, this home is part of a warm, community-focused area with easy access to parks, local shops, restaurants and transportation. Whether you're seeking a place to call home or a prime investment opportunity, this hidden treasure is a must-see. Don’t miss your chance to breathe new life into this one-of-a-kind property! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221428]
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Wall Unit(s)
Size3,984 sqft
BasementYes
Lot size0.23 Acres
Year built1958
ParkingStreet Parking
MLS #24578372
Attached garage2 spaces
FireplaceWood Burning
Summary
- MLS Number: 24578372
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Cascade Hasson Sotheby's International Realty
- Office Phone: (503) 228-9801
- Listing Agent: Jodi Cvar
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
4505 NE Simpson St
$6,828
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $290,380 | $7,694 |
| 2022 | $281,930 | $7,528 |
| 2021 | $273,720 | $7,528 |
| 2020 | $265,750 | $7,400 |
| 2018 | $250,500 | $6,347 |
| 2017 | $243,210 | $6,083 |
History based on county public records data.
Nearby schools
5
Rigler School
Public District KG-5
0.8 mi
•5401 NE Prescott St
6
Scott Elementary School
Public District KG-5
1.3 mi
•6700 NE Prescott St
10
Alameda Elementary School
Public District KG-5
1.6 mi
•2732 NE Fremont St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,295. Typical income of Portland, OR residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
46%
<35k
32%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4505 NE Simpson St
This home is located at 4505 NE Simpson St in Portland, OR and zip code 97218 in the Cully neighborhood. This 3,984 square foot home, which was built in 1958, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $575,000.
In February 2025, from all listings sold in Portland, OR there were more than 211 sold above asking price, over 232 sold below and more than 155 were sold right at the asked price. The number of homes for sale in Portland, OR increased by 5.5% between January and February 2025. In February 2025 median list price was $546,710 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.