#762406338, Linn Holdhusen, Listing office: Keller Williams PDX Central
5516 NE Hoyt St Portland, OR 97213
Property details
About 5516 NE Hoyt St
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.
Highlights
Summary
- Basement: No
- Attached Garage: No
- Parking: Assigned, Street Parking
- View: City
- Cooling: None
- List Price: $935,000
- Price/SqFt: $282
- Annual Tax Amount: $12,263
- Tax Year: 2023
- Lot: Level
- Directions: NE Glisan to NE 55th Ave to Hoyt St
- Year Built: 1966
- Stories: 2
- Living Area: 3,306 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 327417535
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Windermere RE Lane County
- Office Phone: (541) 525-2559
- Listing Agent: Christopher Mackey
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Last updated on: 6/30/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$935,000
5516 NE Hoyt St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 10, 2019 | Home Sold | $935,000 |
Oct 28, 2016 | Home Sold | $850,000 |
Sep 30, 2014 | Home Sold | $385,000 |
Apr 11, 2005 | Home Sold | $360,000 |
Jul 23, 1997 | Home Sold | $205,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $462,780 | $12,263 |
2022 | $449,310 | $11,997 |
2021 | $436,230 | $11,997 |
2020 | $423,530 | $11,794 |
2018 | $399,230 | $10,115 |
2017 | $387,610 | $9,695 |
History based on county public records data.
Nearby schools
9
Glencoe Elementary School
Public District KG-5
0.7 mi
•825 SE 51st Ave
7
Rose City Park Elementary School
Public District KG-5
0.9 mi
•2334 NE 57th Ave
8
Portland Arthur Academy Charter School
Public Charter KG-5
1.2 mi
•7507 SE Yamhill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,022. Residents of Portland, OR typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 5516 NE Hoyt St
The listing price of 5516 NE Hoyt St property is $935,000.
The property 5516 NE Hoyt St is a house located in Portland, Oregon, 97213.
Active Listing: 5516 NE Hoyt St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5516 NE Hoyt St are: Glencoe Elementary School (GreatSchools Rating 9/10), Rose City Park Elementary School (GreatSchools Rating 7/10), Portland Arthur Academy Charter School (GreatSchools Rating 8/10), Mt Tabor Middle School (GreatSchools Rating 8/10), Laurelhurst Elementary School (GreatSchools Rating 9/10), Sunnyside Environmental School (GreatSchools Rating 8/10), Grant High School (GreatSchools Rating 8/10), Franklin High School (GreatSchools Rating 7/10), Benson Polytechnic High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $12,263 (source: MLS/based on county public records data).
The last sale was on May 10, 2019 for $935,000 (source: MLS/tax record).
The property at 5516 NE Hoyt St has 0 bathroom.
The property 5516 NE Hoyt St is 3,306 SqFt (source: MLS/tax record).
The year of construction for 5516 NE Hoyt St is 1966.
This home is located at 5516 NE Hoyt St in Portland, OR and zip code 97213 in the Southeast Portland neighborhood. This 3,306 square foot home, which was built in 1966, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $935,000.
Portland, OR housing market in May 2025 saw over 441 listings sold above listed price, more than 196 sold at listed price and over 285 sold below. The number of listings in Portland, OR increased by 15.4% between April and May 2025. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $549,622.