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!
Active
$910,000
2554 NE Hoyt St, Portland, OR 97232
6beds
2,900sqft
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$314/sqft
$-- HOA
What's special
Large additional storage roomSix total bedroomsIndividual storage units
- 7 days
- 264
- 15
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Zak Meaut 503-999-0383,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 394666582
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 2,900
- Total interior livable area: 2,900 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 5,227 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: R208174
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Existing
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
- Subdivision: Kerns
HOA
- Has HOA: No
Location
- Region: Portland
Financial & listing details
- Price per square foot: $314/sqft
- Annual tax amount: $8,931
- Date on market: 9/18/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 5550
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Listed for sale | $910,000$314/sqft |
Source:  RMLS (OR) #394666582 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Kerns
Nearby schools
Schools provided by the listing agent
- Elementary: Buckman
- Middle: Hosford
- High: Cleveland
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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