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$370,000

5581 NE Simpson St Portland, OR 97218

0.2 acres
Land

Property details

About 5581 NE Simpson St

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.

Highlights

Home typeMulti Family
StatusActive
Lot size0.2 Acres
MLS #556164386

Summary

  • Attached Garage: No
  • List Price: $370,000
  • Lot: Flag Lot
  • Directions: E on Killingsworth, N on 55th, E on Simpson
  • Lot Size: 0.2 Acres
  • MLS Number: 556164386
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Keller Williams Realty Professionals
  • Office Phone: (503) 546-9955
  • Listing Agent: Carey Hughes, Katharine Bergsgaard

IDXThe 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: 7/20/2025, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

5

Rigler School

Public District KG-5

0.6 mi

5401 NE Prescott St

6

Scott Elementary School

Public District KG-5

0.9 mi

6700 NE Prescott St

7

Rose City Park Elementary School

Public District KG-5

1.8 mi

2334 NE 57th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,779. Residents of Portland, OR typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

52%
<35k
33%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5581 NE Simpson St

The listing price of 5581 NE Simpson St property is $370,000.

The property 5581 NE Simpson St is land located in Portland, Oregon, 97218.

Active Listing: 5581 NE Simpson St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5581 NE Simpson St are: Rigler School (GreatSchools Rating 5/10), Scott Elementary School (GreatSchools Rating 6/10), Rose City Park Elementary School (GreatSchools Rating 7/10), Beaumont Middle School (GreatSchools Rating 7/10), Faubion School (GreatSchools Rating 5/10), Roseway Heights School (GreatSchools Rating 5/10), Alliance High School (GreatSchools Rating 2/10), Grant High School (GreatSchools Rating 8/10), Jefferson High School (GreatSchools Rating 8/10).

The property 5581 NE Simpson St is 0.2 acres.

This home is located at 5581 NE Simpson St in Portland, OR and zip code 97218 in the Killingsworth Gardens neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $370,000.

Over 355 listings were sold over their listed price in June 2025 in Portland, OR. In the same period over 352 listings were sold below the listed price and 190 listings were sold for the listed price. In June 2025 in Portland, OR there were 4.6% more homes for sale than in May. The median list price of listings available in June 2025 was $551,126, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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