6061 Northeast Simpson Street

Portland, OR 97218

$2,800,000
Price
—
Beds
7,065 Sq. Ft.
$396 / Sq. Ft.
7,065
Sq. Ft.
$396
per Sq. Ft.
a view of a house with a yard
a kitchen with stainless steel appliances a refrigerator and a stove top oven
a view of a kitchen with wooden floor electronic appliances and window
a view of an empty room with a window
a view of a livingroom with washer and dryer
a bathroom with a granite countertop sink a mirror and a shower
a view of an empty room with wooden floor and a window
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a view of empty room with ceiling fan
a bathroom with a granite countertop sink a mirror and shower
a view of an empty room with a window
a kitchen with granite countertop a refrigerator and a stove top oven
a kitchen with granite countertop a sink stove and white cabinets
a view of an empty room with wooden floor
a bathroom with a sink and a mirror
a utility room with dryer and washer
a view of an empty room with a window
a bathroom with a shower and a sink
a view of an empty room with closet and a window
a bathroom with a granite countertop sink a mirror and vanity
a view of an empty walk in closet
a view of entryway with wooden floor
a kitchen with stainless steel appliances a refrigerator and a stove top oven
a kitchen with stainless steel appliances granite countertop a stove a refrigerator and a sink
a view interior of a house with hallway
a view of an empty room
a view of an empty room with a window
a view of an empty room with a window and wooden floor
a bathroom with a sink a mirror and a toilet
a bathroom with a shower
a view of kitchen with wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator sink and stove
a view of an empty room with wooden floor and windows
a utility room with dryer and washer
a view of an empty room with a window
a view of room with wooden floor and ceiling fan
a bathroom with a granite countertop sink and a mirror
a bathroom with a shower
a view of balcony with wooden floor and fence
a view of a living room with a sink
a kitchen with stainless steel appliances granite countertop a sink a stove and refrigerator
a close view of sliding light fixtures
a picture of a room with a black white wall and white wall
a bathroom with a shower

Description

A newly constructed property in the Cully neighborhood, boasting a contemporary design aesthetic, is fully rented out and presents a fantastic investment opportunity. This turnkey property offers the added advantage of a completed condo plat, allowing the new owner to finalize and file the necessary documents to convert the units into individual condos at any time, providing flexibility and potential for increased returns.A newly constructed property in the Cully neighborhood, boasting a contemporary design aesthetic, is fully rented out and presents a fantastic investment opportunity. This turnkey property offers the added advantage of a completed condo plat, allowing the new owner to finalize and file the necessary documents to convert the units into individual condos at any time, providing flexibility and potential for increased returns.
  1. Listed by Kenneth Avery • eXp Realty, LLC • 971-506-9970

Property Details for 6061 Northeast Simpson Street

Parking Features
Paved
Zoning
RM1
LISTING UPDATED: 11/21/2024 01:23 AM

Property Details for 6061 Northeast Simpson Street

StatusActive
MLS #24237499
Days on Market151
Taxes$15,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2024
Lot Size0.24 AC / 10,454 SF
CountyMultnomah County

Building Information for 6061 Northeast Simpson Street

Stories2Residences8Year Built2024Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 6061 Northeast Simpson Street

Summary
Location and General Information
  • Country: US
  • Directions: NE Simpson & NE 60th
  • Road Surface: Paved
School Information
  • Elementary School: Rigler
  • High School: Leodis Mc Daniel
  • Middle Or Junior School: Beaumont
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $15,000.00
  • Parcel Number: R197589
  • Tax Legal Description: KILLINGSWORTH GARDENS, BLOCK 2, E 50' OF LOT 21 EXC PT IN ST, POT
Property
Lot Information
  • Acres: 0.24
  • Lot Description: Level
  • Lot Size Square Feet: 10454.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: New Construction
  • Year Built: 2024
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding
  • Roof Type: Composition
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • Gross Income Actual: $218,040.00
  • Gross Rent Multiplier: $12.84
  • Investor Information: According To Owner
  • Net Income Actual: $192,080.00
  • Operating Expense: $10,960.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 7065
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,900
  • Unit Type 1 SqFt: 583.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,800
  • Unit Type 2 SqFt: 508.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 3
  • Unit Type 3 Baths Decimal: 2.10
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $2,300
  • Unit Type 3 SqFt: 1104.0
  • Unit Type 3 Units Total: 4
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 4 Rent: $2,100
  • Unit Type 4 SqFt: 771
  • Unit Type 4 UnitsTotal: 2

Property History for 6061 Northeast Simpson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6061 Northeast Simpson Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,439 ($203 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,272 SqFtAbove Grade Finished SqFt1,272 SqFtStories1Lot Size10,450 SqFtStyleResidentialYear Built1928ZoningR2HCountyMULTNOMAHAPN1N2E18DD 01000Fireplace TypeHas Fireplace

Schools near 6061 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
Alliance High School
Public - 9 to 12
Rating
School
Distance
Rigler Elementary School
PublicK to 5

Beaumont Middle School
Public6 to 8

Leodis V. McDaniel High School
Public9 to 12

Alliance High School
Public9 to 12

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 6061 Northeast Simpson Street, Portland, OR 97218

6061 Northeast Simpson Street is a multi-family home for sale in Portland, OR 97218. This property was listed for sale on June 25, 2024 by eXp Realty, LLC, it's currently listed at $2,800,000. It has been on the market for a total of 151 days and was last sold on October 4, 2016. 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. 6061 Northeast Simpson Street is a 0-bed, 0-bath, 7,065 sqft multi-family home built in 2024.

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 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 eXp Realty, LLC

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 © 2024 RMLS, Portland, Oregon. Last updated: 11/21/2024 01:23 AM