5 days on Rocket
#206315961, Jeff Stephens, Listing office: MORE Realty
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
Home typeOther
StatusActive
Size3,306 sqft
Lot size0.1 Acres
Year built1966
ParkingAssigned, Street Parking
MLS #327417535
ViewCity
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
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 11:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Portland, OR residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
43%
<35k
51%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
9%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
10%
12-17 yrs old
33%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Tennis
Where do the neighbors shop?
Banana Republic
H&M
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
BMW
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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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 June 2025 saw over 355 listings sold above listed price, more than 190 sold at listed price and over 352 sold below. Between May and June 2025, Portland, OR real estate market has seen increase in the number of listings by 4.6%. In June 2025 median list price was $551,126 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.