1515 N Simpson St, Portland, OR

$4,499,900

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11,491

Square feet

0.11

Acres

About 1515 N Simpson St

Exquisite modern, new construction 20-unit apt complex from a quality local builder with a mix of great preforming studio +1 bed units including a 910 sf Retail Space. Fully leased, stabilized + ready for you to bolster your investment portfolio! Expertly crafted units featuring expansive ceilings + open concept floor plan bringing an abundance of natural light with designer finishes + colors with coveted balconies! Sleek custom cabinetry, desirable stainless-steel appliances, full size in-unit W/D + bike rack round out a few quality amenities! Remarkable proximity to N PDXs sought after and vibrant restaurants, shops, parks, public transit + freeway! Scoring a phenomenal 100Bikescore the proximity can't be beat!

Features of 1515 N Simpson St

MLS® # 24208236
Price $4,499,900
Units 20
Square Footage 11,491
Acres 0.11
Year Built 2022
Type Multi Family
Status Active

Community Information

Address 1515 N Simpson St
Area 141 - Portland North
City Portland
County Multnomah
State OR
Zip Code 97217

Interior

Heating Mini Split
Cooling Heat Exchanger
Fireplace No
# of Stories 3

Exterior

Exterior Lap Siding, Wood Siding
Lot Description Corner Lot

School Information

Elementary Beach
Middle Ockley Green
High Jefferson

Additional Information

Date Listed January 18th, 2024
Days on Market 102
Zoning CM3
Short Sale No
RE / Bank Owned No
Cap Rate 5.72

Unit 1 Details

Baths 1
Features Dishwasher, Refrigerator, WasherDryer

Unit 2 Details

Baths 1
Features Dishwasher, Refrigerator, WasherDryer

Unit 3 Details

Beds 1
Baths 1
Features Dishwasher, Refrigerator, WasherDryer

Unit 4 Details

Beds 1
Baths 1
Features Dishwasher, Refrigerator, WasherDryer

Listing Details

OfficeKeller Williams Realty Portland Premiere

Listing Map

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