5516 NE Hoyt St, Portland, OR 97213
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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 boxes.
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Home facts
- Year built:1966
- Listing Id #:327417535
- Added:45 day(s) ago
- Updated:August 15, 2025 at 11:16 AM
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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