6061 NE Simpson St Portland, OR 97218
Cully NeighborhoodEstimated payment $15,993/month
Highlights
- New Construction
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Beaumont Middle School Rated 10
- Level Lot
About This Home
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.
Listing Agent
eXp Realty, LLC Brokerage Phone: 971-506-9970 License #200707038 Listed on: 06/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,000
Year Built
- Built in 2024 | New Construction
Lot Details
- 10,454 Sq Ft Lot
- Level Lot
Parking
- Paved Parking
Home Design
- Composition Roof
- Cement Siding
Interior Spaces
- 7,065 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Schools
- Rigler Elementary School
- Beaumont Middle School
- Leodis Mcdaniel High School
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R197589
Community Details
Overview
- 8 Units
Building Details
- Operating Expense $10,960
- Gross Income $218,040
- Net Operating Income $192,080
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $2,800,000 | 0.0% | $396 / Sq Ft |
| 07/01/2025 07/01/25 | Off Market | $2,800,000 | -- | -- |
| 07/10/2024 07/10/24 | Price Changed | $2,800,000 | -3.4% | $396 / Sq Ft |
| 06/27/2024 06/27/24 | For Sale | $2,900,000 | 0.0% | $410 / Sq Ft |
| 06/27/2024 06/27/24 | Off Market | $2,900,000 | -- | -- |
| 06/25/2024 06/25/24 | For Sale | $2,900,000 | -- | $410 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24237499
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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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