5516 NE HOYT ST

Portland, 97213

  • 5 Bed

  • 3 Bath

  • 3306 SqFt

  • 1 DOM

  • Built: 1966

  • Status: Active

$935,000

X

5516 NE HOYT ST

Portland 97213

$935000

  • 5 Bed

  • 3 Bath

  • 3306 SqFt

  • 1 DOM

  • Built: 1966

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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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Residence Information

  • 3306

  • 5

  • 3

  • BuiltUp

  • Assigned,OffStreet

  • 2

  • 1966

  • No

  • CementSiding

  • CrawlSpace

  • CrawlSpace

  • ConcretePerimeter

Features and Utilities

  • None

  • WallHeater

  • PublicSewer

  • Electricity

Financial

  • 12753.21

  • 0

  • MaintenanceGrounds,Sewer,TrashCollection,Water

  • Cash,Conventional

  • 06-30-2025

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Conventional

  • $935,000

  • $935,000

  • Jul 01, 2025 02:11

Schools

Elementary : Laurelhurst N/A Ratings
Middle : Laurelhurst N/A Ratings
High : Grant N/A Ratings

Map

Listing courtesy of Windermere RE Lane County.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jul 01, 2025 04:07 | Listing last modified Jul 01, 2025 02:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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