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5516 NE HOYT ST

Portland, OR 97213
Square Ft.
3,306
$935,000
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… Read MoreRead Less
Listing courtesy of Windermere RE Lane County, 541-525-2559.
Listing Snapshot
Days Online
55
Last Updated
Square Ft.
3,306
Lot Size
0.1 Acres
Year Built
1966
MLS Number
327417535
30 Days Snapshot Of 97213
$627k
+13%
(avg) sold price
29
-34%
homes sold
36
+100%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Building
Building Area Total: 3306, Built in 1966, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Cooling
Cooling: None
Expenses
Operating Expense Scheduled: 27429, Operating Expense: $26,193
Exterior Features
Exterior Description: CementSiding
Foundation
Foundation Details: ConcretePerimeter
Heating
Heating: WallHeater
Income
CAP Rate: 4.39, Gross Income: $70,734, Gross Rent Multiplier: 13.22, Gross Scheduled Income: $75,960, Net Operating Income: $41,005, Net Scheduled Income: 44027
Lot
Features: Level, Size Acres: 0.1, Size Range: SqFt3000to4999, Size Square Feet: 4,356, Size: 3,000 to 4,999 SqFt
Miscellaneous
Investor Information: AnnualPropertyOperationData, MaintenanceRecordsAvailable, ProfitLossStatement, RentRecords
Parking
Features: Assigned, OffStreet, 4 total parking spots
Property
Number Of Units Total: 4, Property Condition: UpdatedRemodeled, Zoning: R1
Roof
Roof: BuiltUp
Sewer
Sewer: PublicSewer
Taxes
Annual Amount: $12,753, Legal Description, Tax Year: 2024
Unit One
Actual Rent: $1,645, Area: 826, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 2, 1 total bathroom, 2 total bedroom
Unit Two
Actual Rent: $1,570, Area: 826, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 2 total bedroom
Unit Three
Actual Rent: $1,545, Area: 826, Features: Dishwasher, Range, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom
Utilities
Fuel Description: Electricity, Internet Service Type: Cable, Water Source: PublicWater
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Curtis Irving
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Schools In The Area

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Laurelhurst Elementary School 503-916-6210 Public KG-8
Grant High School 503-916-5160 Public 9-12
Laurelhurst Elementary School 503-916-6210 Public KG-8
Laurelhurst Elementary School 503-916-6210 Public KG-8
Laurelhurst Elementary School 503-916-6210 Public KG-8
Grant High School 503-916-5160 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.