20-Unit Mixed-Use Apartment
For Sale
Contact for pricing
Pending
1515 N Simpson St, Portland, OR 97217
New construction combines residential units with dedicated retail space and contemporary in-unit amenities.
Property SizeContact for details
Days on Market145
Property Features for 1515 N Simpson St
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
20
Amenities
balconies
bike rack
in-unit washer/dryer
stainless steel appliances
custom cabinetry
Building Details
Tenancy
Multi
Listing Agency:
Keller Williams Realty Portland Premiere
Listed By:
Darryl Bodle · License #199910100
(503) 597-2444
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 11:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Portland Premiere
Investment Insights
Based on property information with market context.
This newly built mixed-use property includes 20 apartment units and a 910 SF retail space. The residential component offers studio and one-bedroom layouts, balconies, expansive ceilings, open-concept interiors, and strong natural light. Interior appointments include custom cabinetry, stainless-steel appliances, and full-size in-unit washers and dryers, with a bike rack serving the property.
The asset is fully leased and stabilized. Located at 1515 N Simpson St in Portland, the property is near restaurants, shops, parks, public transit, and freeway access. Its combination of apartment homes and retail space creates a defined mixed-use configuration, with the residential unit mix and commercial component already in place.
The asset is fully leased and stabilized. Located at 1515 N Simpson St in Portland, the property is near restaurants, shops, parks, public transit, and freeway access. Its combination of apartment homes and retail space creates a defined mixed-use configuration, with the residential unit mix and commercial component already in place.
Key Highlights
- 20 apartment units plus a 910 SF retail space
- Studio and one‑bedroom apartment mix
- New construction with balconies and open‑concept interiors
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
Demographics for 97217, OR
36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - New construction combines residential units with dedicated retail space and contemporary in-unit amenities.
Where is this mixed-use property located?
The property is located at 1515 N Simpson St Portland, OR.
What are key features of this property?
This property features: 20 apartment units plus a 910 SF retail space; Studio and one‑bedroom apartment mix; New construction with balconies and open‑concept interiors
