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Residential Land for Sale in Portland, Oregon
5581 NE Simpson St, Portland, OR 97218
$324,999
0.2 acres
Active
$45k drop
Est $2,451/moStart 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.
Location
- Street address
- 5581 NE Simpson St
- County
- Multnomah County
- Community
- Cully Neighborhood
- Elevation
- 115 feet
Directions
E on Killingsworth, N on 55th, E on Simpson
Property details
- Lot size
- 0.2 acres8,712 sq ft
- Zoning
- R5
- MLS #
- RMLS 556164386
- Posted
Legal description
Partition Plat 2024-56, Lot 2
Details and features
Listing
- Type
- Land
- Franchise
- Keller Williams Realty
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Rigler | Elementary | — | — |
| Beaumont | Middle | — | — |
| Leodis McDaniel | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 3, 2025 | Price added | $324,999 | — | RMLS |
| Nov 21, 2025 | Price removed | $— | — | RMLS |
| Nov 13, 2025 | Price drop | $324,999 | $45,001 -12.2% | RMLS |
| Sept 15, 2025 | New listing | $370,000 | — | RMLS |
| Aug 8, 2025 | Listing removed | $370,000 | — | Listing agent |
| June 28, 2025 | New listing | $370,000 | — | RMLS |
Payment calculator
Carey Hughes
Keller Williams Realty Professionals
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