$910,000

6 Beds 4 Baths 2,900 SQFT 0.12 Acres

Type: Multi-Family

2554 NE HOYT ST
Portland, OR 97232

MLS#: 394666582

Zak Meaut

Premiere Property Group

Real Estate Broker

Phone: 503.999.0383

Office: 503.670.9000

Visit Website

Presented by: Premiere Property Group, LLC -

Property Description

Prime investment opportunity in Portland’s highly desirable Kerns neighborhood! This quadplex features four rentable units with six total bedrooms, all currently occupied, offering immediate income potential. Ideally located in the heart of Portland near incredible restaurants, shops, entertainment, and public transit. Property amenities include a dedicated laundry room with coin-operated machines, individual storage units, plus a large additional storage room that could generate extra rental income or be reserved for owner use. A rare opportunity in an exceptional location!

Interior Features

Bedrooms

Unit 1 Beds Total2

Unit 2 Beds Total1

Unit 3 Beds Total1

Unit 4 Beds Total2

Bathrooms

Unit 1 Baths Total1

Unit 2 Baths Total1

Unit 3 Baths Total1

Unit 4 Baths Total1

Other Interior Features

UnitType1ActualRent1695

UnitType1UnitsTotal1

UnitType2ActualRent1395

UnitType2UnitsTotal1

UnitType3ActualRent1290

UnitType3UnitsTotal1

UnitType4ActualRent1170

UnitType4UnitsTotal1

FuelDescriptionElectricity

StorageIndividualStorageUnits

Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

General

Accessory Dwelling Unit Y/NN

CityPortland

Community FeaturesLaundry

CountyMultnomah

DirectionsNE Sandy Blvd to 24th to Hoyt

DisclosuresDisclosure

Elementary SchoolBuckman

Garage Spaces0

Gross Income62978.0

HOANo

HeatingBaseboard

High SchoolCleveland

Legal DescriptionLOGANS ADD, BLOCK 4, LOT 2

Listing TermsCash, Conventional, FHA, VALoan

Lot Size Square Feet5,227 sqft

MLS Area_142

Middle/Junior High SchoolHosford

Net Operating Income43201.0

Number Of Units Total4

Operating Expense19777.0

Parcel Number0

Property ConditionExisting

Property TypeMultiFamily

Rent IncludesMaintenanceGrounds, Sewer, TrashCollection, Water

SewerPublicSewer

Standard StatusActive

StatusActive

Stories Count2

Subdivision NameKERNS

Tax Annual Amount$8,932

Tax Year2025

Year Built1958

ZoningRM2

Exterior

Building Area Total2,900 sqft

Exterior DescriptionWoodSiding

Lot Size Acres0.12

Parking FeaturesOnStreet

Road Surface TypePaved

Total Parking0

Water SourcePublicWater

Additional Details

Price History

Schools

High School Cleveland High School

Middle School Hosford Middle School

Elementary School Buckman Elementary School

Similar Properties

$910,000

6 Beds 4 Baths 2,900 SQFT 0.12 Acres

Type: Multi-Family

2554 NE HOYT ST
Portland, OR 97232

MLS#: 394666582

Zak Meaut

Premiere Property Group

Real Estate Broker

Phone: 503.999.0383

Office: 503.670.9000

Visit Website

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Property

$910,000

2554 NE HOYT STPortland, OR 97232

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$910,000

2554 NE HOYT STPortland, OR 97232

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2554 NE HOYT ST
Portland, OR 97232

2554 NE HOYT ST
Portland, OR 97232