SOLD MAR 16, 2026

Off market mar 2026 for $250K

$246,747

Est. refi paymentEst. refi $1,684/mo

Land

•

8,712

sq ft (lot)

5581 NE Simpson St, Portland, OR 97218

About this home

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.

Vacant landProperty Type

8,712 sq ftLot Size

$28Est. Price/Sq.Ft.

Listed by Carey Hughes • Keller Williams Realty Professionals

Listed by Katharine Bergsgaard • Keller Williams Realty Professionals

Bought with Kevin Beever • Works Real Estate

Redfin checked: 2 minutes ago

•Source:RMLS #556164386

Redfin Estimate

$246,747

$3,253 since sold in March 2026$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 64.7% lower than the average sale price ($699K) of 6 comparable homes.

SOLD AUG 14, 2026
$451,000
A
2 beds1 bath1,296 sq ft
6222 NE Beech St, Portland, OR 97213
SOLD JUL 21, 2026
$659,000
B
4 beds2 baths2,414 sq ft
3640 NE 69th Ave, Portland, OR 97213
SOLD AUG 12, 2026
$605,000
C
3 beds2 baths2,484 sq ft
3045 NE 62nd Ave, Portland, OR 97213
SOLD BY REDFIN AUG 11, 2026
$612,000
D
3 beds2 baths2,092 sq ft
3226 NE 65th Ave, Portland, OR 97213
SOLD SEP 11, 2026
$1,196,000
E
5 beds3 baths3,394 sq ft
7300 NE Sacramento St, Portland, OR 97213
SOLD AUG 17, 2026
$672,000
F
4 beds3 baths3,218 sq ft
3344 NE 74th Ave, Portland, OR 97213

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Earn from this home

Sell

$31,934

Est. take-home

List your home with Redfin and save $1,902

Market trends in Cully, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.3%

+0.2% MoM

Median sale price

$445K

$5K MoM

Avg. days on market

24d

6 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 4 HRS AGO
$424,000
2 beds1 bath984 sq ft
4124 NE 81st Ave, Portland, OR 97218
Jimi Hendrix • Neighbors Realty
3D WALKTHROUGH
$450,000
3 beds2 baths1,600 sq ft
5005 NE 62nd Ave, Portland, OR 97218
Allison Grice • KJK Properties PC
$675,000
4 beds2 baths2,234 sq ft
4207 NE 77th Ave, Portland, OR 97218
Antoine Dean • 24/7 Properties
3D WALKTHROUGH
$419,900
2 beds1 bath864 sq ft
5616 NE 50th Ave, Portland, OR 97218
Kristine Orlandi • Works Real Estate
3D WALKTHROUGH
$615,000
4 beds4 baths2,320 sq ft
4300 NE Lombard St, Portland, OR 97218
Stephanie Fox • Neighbors Realty
$299,000
2 beds1 bath729 sq ft
4425 NE 42nd Ave, Portland, OR 97218
Long Truong • MORE Realty
OPEN SAT, 11AM TO 1PM
$639,900
4 beds3 baths1,622 sq ft
6111 NE 49th Ave, Portland, OR 97218
Jaime Arb Haessig • Think Real Estate
See all

Provided by Redfin

Sale history for 5581 NE Simpson St

Tax history for 5581 NE Simpson St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

8,500 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Multnomah County

APN

R729562

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

Property details

Exterior

Exterior Features
Existing Structures YN: No

Other Structures
Other Structures: Shed(s)

Lot Information
Number Of Lots: 1
Land Description: Gentle Sloping, Level
Lot Size Square Feet: 8,712
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size Dimensions: 93.36x12+117.6x62.75
Lot Size Acres: 0.2
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Flag Lot
Parcel Number: Not Found
Road Frontage YN: Yes
Road Surface Type: Paved

Property Information
Property Type: Land
Property Sub Type: Multi Family
Property Attached YN: No
Current Use: Raw Land
View YN: No

Financial

Tax Information
Tax Legal Description: Partition Plat 2024-56, Lot 2

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: No
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available

Heating & Cooling
Heating YN: No
Cooling YN: No

Location

School Information
Elementary School: Rigler
Middle Or Junior School: Beaumont
High School: Leodis McDaniel

Location Information
Directions: E on Killingsworth, N on 55th, E on Simpson
Unparsed Address: 5581 NE Simpson ST, Portland, OR 97218

Community Information
Zoning: R5

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,500 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Multnomah County
APN: R729562

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Rigler Elementary School

Public K-5 • Assigned • 0.6mi

8/10

Beaumont Middle School

Public 6-8 • Assigned • 1.4mi

10/10

Leodis V. McDaniel High School

Public 9-12 • Assigned • 2.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Portland, OR • 97218

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$235,000 – $284,000

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NEW 4 HRS AGO

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Jimi Hendrix • Neighbors Realty

3D WALKTHROUGH

$450,000

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Allison Grice • KJK Properties PC

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Antoine Dean • 24/7 Properties

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Stephanie Fox • Neighbors Realty

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Long Truong • MORE Realty

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Home values near 5581 NE Simpson St

Data from public records.

Address	Redfin Estimate
5513 Northeast Simpson St, Portland, OR 3 Beds \| 2 Baths \| 1342 Sq. Ft.	$510,307
5539 Northeast Simpson St, Portland, OR 3 Beds \| 2 Baths \| 1380 Sq. Ft.	$545,866

Address	Redfin Estimate
5605 Northeast Simpson St, Portland, OR 1 Beds \| 1 Baths \| 688 Sq. Ft.	$395,935
5545 Northeast Simpson St, Portland, OR 1 Beds \| 1 Baths \| 913 Sq. Ft.	$461,180

Address	Redfin Estimate
5523 Northeast Simpson St, Portland, OR 2 Beds \| 1 Baths \| 918 Sq. Ft.	$476,292
5632 Northeast Simpson St, Portland, OR 3 Beds \| 2 Baths \| 1382 Sq. Ft.	$615,376

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in Cully, OR

Sale history for 5581 NE Simpson St

Tax history for 5581 NE Simpson St

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97218

Home values near 5581 NE Simpson St

More real estate resources