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For sale · ACT – Active

2,900 sq ft

2554 NE HOYT ST, Portland, OR 97232

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Building Area
2,900 sq ft
Price/Sq Ft
$314/sq ft
Year Built
1958
County
Multnomah
Annual Tax
$8,932 (2025)
HOA
None
Days on Market
57 days
Open House
None scheduled

Monthly payment

$6,443 per month

  • Principal & interest$5,509
  • Property taxes$744
  • HOA dues$0
  • Home insurance$190
  • Utilities
Down payment10% ($91,000)
Home price$910,000
Loan details30-yr fixed, 7.11%

10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)

Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.

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!

Facts & Features

Property TypeMulti Family
Building Area (sq ft)2900
Lot Size (acres)0.12
Lot Size (sq ft)5227
Year Built1958
Garage Spaces0
CountyMultnomah
SubdivisionKERNS
Elementary SchoolBuckman
Middle SchoolHosford
High SchoolCleveland
HeatingBaseboard
ViewNo
ParkingOn Street
SewerPublic Sewer
WaterPublic Water
Community FeaturesLaundry
Annual Taxes$8,932
Tax Year2025
Original List Price$910,000
RMLS #394666582

Map data © OpenStreetMap contributors (not RMLS data).

Listed by Zak Meaut • Premiere Property Group, LLC

Listing updated: Sep 18, 2026 at 5:58pm

Source: RMLS #394666582

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 brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/14/2026 06:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.

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