5516 NE Hoyt St, Portland, OR 97213

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
#1#2#3
5516 NE Hoyt St,Portland, OR 97213
$935,000
  • - Beds
  • - Baths
  • 3,306 sq. ft.
  • Multi-family
  • Active
Listed by:christopher mackey
Office:windermere re lane county
MLS#:327417535
Source:PORTLAND

Price summary

  • Price:$935,000
  • Price per sq. ft.:$282.82

About this home

Excellent opportunity to own a turnkey, fully occupied four-plex in the heart of NE Portland. This property features a desirable mix of units—three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit—all fully remodeled in 2015 with high-quality finishes and modern updates, including in-unit washers and dryers.Professionally managed and consistently occupied, the investment is scheduled to gross over $75,000 in 2025. Actual financials closely mirror the pro-forma, supporting a realistic 5+% CAP rate, making this a solid, dependable investment.Located near Laurelhurst and the Hollywood District, just steps to restaurants, shops, parks, Providence Hospital, library, the Hollywood Farmers Market, and MAX Light Rail. Enjoy easy access to I-84 and major transit routes, making it highly attractive to tenants and commuters alike. Whether you're looking to grow your portfolio or invest in a high-performing asset in a thriving Portland neighborhood, this four-plex checks all the

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Home facts

  • Year built:1966
  • Listing Id #:327417535
  • Added:45 day(s) ago
  • Updated:August 14, 2025 at 05:19 PM

Rooms and interior

  • Living area:3,306 sq. ft.

Structure and exterior

  • Roof:Built Up
  • Year built:1966
  • Building area:3,306 sq. ft.
  • Lot area:0.1 Acres

Schools

  • High school:Grant
  • Middle school:Laurelhurst
  • Elementary school:Laurelhurst

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$935,000
  • Price per sq. ft.:$282.82
  • Tax amount:$12,753 (2024)
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