5516 NE Hoyt St, Portland, OR 97213

Local realty services provided by:Knipe Realty ERA Powered
5516 NE Hoyt St,Portland, OR 97213
$935,000
  • - Beds
  • - Baths
  • 3,306 sq. ft.
  • Multi-family
  • Pending
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:97 day(s) ago
  • Updated:October 06, 2025 at 12:25 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)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: October 6, 2025

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