2554 NE HOYT ST Portland, OR $ 910,000
2554 NE HOYT ST
$ 910,000
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2554 NE HOYT ST

Portland, OR, 97232
$ 910,000
Bedrooms6 Baths4.0 Sq 2,900

Monthly Estimate*

$ 5,746

2554 NE HOYT ST, Portland, OR 97232 - Image 1
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2554 NE HOYT ST, Portland, OR 97232 - Image 11

Multi-Family Home for sale in Portland, OR

for $910,000 with 6 bedrooms and 4 full baths. This 2,900 square foot home was built in 1958 on a lot size of 0.12.

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!

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Multi-Family Active

Price

$ 910,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,931

Style

Lot Size

0.12

Year Built

1958

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

394666582

Features
General
Sewer PublicSewer
Heating Baseboard
Zoning RM2
Garage Spaces 0
Year Built 1958
Stories Count 2
Tax Year 2025
Parcel Number R208174
Gross Income 62978.0
Community Features Laundry
County Multnomah
Net Operating Income 43201.0
Operating Expense 19777.0
Property Type MultiFamily
HOA N
Subdivision Name KERNS
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions NE Sandy Blvd to 24th to Hoyt
High School Cleveland
City Portland
Disclosures Disclosure
Number Of Units Total 4
MLS Area _142
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Buckman
Tax Annual Amount 8931.96
Middle/Junior High School Hosford
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LOGANS ADD BLOCK 4 LOT 2
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Interior
Storage IndividualStorageUnits
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features OnStreet
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Building Area Total 2900.0
Lot Size Acres 0.12
Road Surface Type Paved
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Internal Only
Street Number 1 2554
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

zak@premierepropertygroup.com

Email

Affordability Calculator

$6,490
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,746
Monthly Property Taxes
$744
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950873 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2026$910,000 Listed Price

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2554 NE HOYT ST, Portland, OR, 97232 is a Multi-Family Home for sale at $910,000 with 2,900 sqft and a lot size of 0.12. 2554 NE HOYT ST has 6 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 97232 which is in Portland, OR