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2554 NE Hoyt St, Portland, OR 97232

$910,000

11 Photos

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!

2554 NE Hoyt St | MLS# 394666582

This multi-family property located at 2554 NE Hoyt St, Portland, OR 97232 is currently listed for sale with an asking price of $910,000. Search Portland real estate on otiscraig.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Baseboard
Stories: 2.0
Taxes: $8,932
Year Built: 1958
Square Feet: 2,900

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1695.00
Square Footage: 725
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1395.00
Square Footage: 725
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1290.00
Square Footage: 725
Total Units: 1
Unit Type 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1170.00
Square Footage: 725
Total Units: 1

Feature Descriptions

Days on Site: 40
Exterior: Wood Siding
Gross Income: $62978.00 (Actual)
Net Income: $43201.00 (Actual)
Operating Expenses: $19777.00 (Actual)
Parking: OnStreet
Parking Notes: OnStreet
Sewer: Public Sewer
Storage: IndividualStorageUnits
Units: 4
Water: Public Water

Local Schools

High School: Cleveland
Middle School: Hosford
Elementary School: Buckman

Listed By / Shown By

Listed By

Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000

Shown By

Agent Name: Otis Craig, Broker
Agent Phone: Cell: (541) 771-4824
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 5,611.21 per month $4,601.46 Principal & Interest $744.33 Property Tax $265.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/30/2026. The listing information on this page last changed on 10/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/30/2026 12:02:35 AM EST) or RMLS (last updated Thu 10/29/2026 11:57:24 PM EST) or COAR/MLSCO (last updated Fri 10/30/2026 12:01:22 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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