tomo logo

$494,500

Beds
7
sq ft
3,250

6221 NE Simpson St, Portland, OR 97218

6221 NE Simpson St

Portland, OR 97218

  • 19 days on market
Opportunity knocks! 4-plex on 1/3 acre, zoned R5. Spacious units, quiet street, upside potential in this fixer. Huge opportunity for development, cottage cluster, fix & flip, and more. Units nonconforming, buyer to do due diligence. Units vacant and ready for rehab.

Details

Property type

Est. home value

$591,360

Property condition

Fixer

Lot size

0.35 acres

Price per sq ft

$153

Year built

1948

Annual property taxes

$7,417

Price History

09/17/2024
PortlandOR

PortlandOR #24613515

Listed
$494,500
-10.07%
04/16/2024
PortlandOR

PortlandOR #24254325

Removed
$549,900
03/13/2024
PortlandOR

PortlandOR #24254325

Price change
$549,900
-4.37%

Schools & Community

Neighborhood: 

Cully

Elementary school: 

Rigler

Middle school: 

Beaumont

High school: 

Leodis McDaniel

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Standish George Mccleary Iv

Loan start date

September 2023

Original loan amount

$479,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Credit Line (Revolving), 2 year

Seller

Andrew Buck Ackerson and Lydia Mireles

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 09/18/2024 at 2:33 AM

Listed by: George McCleary, McCleary Realty Phone #: (503) 332-1610

MLS: PortlandOR #24613515

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