5614 NE SIMPSON ST, Portland, OR 97218

$1,199,000
4,225
SqFt

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List Price
$1,199,000
Days on Market
1
MLS#
468667022
Property Type
Multifamily
Sqft. of Residence
4,225
Lot Size
10, 000 to 14, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Some properties are designed for a single household. Others are designed for a way of life. Over more than a decade, this one-of-a-kind Cully 3 HOME compound gradually evolved into 3 distinct, detached homes gathered around shared spaces, and each with its own personality and private yard (hello Myrtle, SoHo, and The Birds' Nest). Together, they offer a rare opportunity for multiple generations, close friends, or a combination of owner-occupancy and rental living to remain connected while enjoying the independence of separate homes. In many ways, the property reflects the neighborhood that surrounds it. Cully has long been known for its generous lots, gardens, and strong sense of community; a place where neighbors know one another and life often extends beyond the front door. This compound carries that same spirit, balancing quiet retreats with shared spaces where dinners stretch into the evening, gates stay open, and everyday moments are just as meaningful as special occasions. More than a collection of three homes, a workshop and a greenhouse, it is the story of a property thoughtfully shaped over time and an uncommon opportunity to live independently while remaining closely connected. Myrtle (Home A), built in 1938 is 1,917 sq ft and has 3 bedrooms & 1 bathroom. Soho (Home B), built in 2013 is 1,092 sq ft and has 2 bedrooms & 2 bathrooms. The Birds' Nest (Home C), built in 2023 is 800 sq ft and has 2 bedrooms & 2 bathrooms. The greenhouse is 208 sq ft & the workshop is 208 sq ft - both have a power source. Parking for 5+ cars and space for an RV. (See floor plans for details.) [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10187489]

Additional Information

Tax Amount
$11,056
Year Built
1938
High School
Leodis McDaniel
Elementary School
Rigler
Middle School
Beaumont
Acres
0.28
Living Area
4,225
Stories
2
Subdivision
CULLY
Terms
Cash, Conventional
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity, Gas
Heating Description
Ductless, Forced Air, Mini Split
Hoa Rent Includes
Electricity, Gas, Heat, Sewer, Trash Collection, Water
Hot Water Description
Tank, Tankless
Exterior Description
Cement Siding, Shake Siding, Shingle Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, Paved
Security Or Entry
None
Parking Description
Driveway, Paved
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
3
Unit Type One Rent
2400
Unit Type One Sq Ft
1917
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
2250
Unit Type Three Sq Ft
800
Unit Type Three Units Total
1

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Listing courtesy of Vetiver Street Real Estate.

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