- ADDRESS:
- 5516 NE HOYT ST Portland, OR 97213
- Price:
- $935,000
- Units:
- 4
- Acres:
- 0.1
- Unit 1:
-
2 Bed
1.0 Bath
$1,645/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 2:
-
2 Bed
1.0 Bath
$1,645/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 3:
-
2 Bed
1.0 Bath
$1,570/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - Unit 4:
-
1 Bed
1.0 Bath
$1,545/mo
Features: Dishwasher, Range, Refrigerator, Washer/Dryer - MLS#:
- 327417535
- Lot Size:
- 3,000 to 4,999 SqFt
- Type:
- Multi
- Zone:
- R1
- Yr Built:
- 1966
- Taxe/yr:
- $12,753.21
- County:
- Multnomah
- Status:
- Active
- Levels:
- 2
- Heat:
- WallHeater
- View:
- City
- Elem:
- Laurelhurst
- Middle:
- Laurelhurst
- High:
- Grant
- Lot Desc:
- Level
- Area:
- Portland Northeast
- Courtesy of:
- Windermere RE Lane County
- Remarks:
- 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.