2536 NE Hoyt St Unit 2540 Portland, OR 97232
Kerns NeighborhoodEstimated payment $7,506/month
Highlights
- 0.24 Acre Lot
- Green Certified Home
- 1-Story Property
- Cleveland High School Rated A-
- Heating System Mounted To A Wall or Window
About This Home
Check out the location! Two triplexes side by side on two separate tax lots being sold together. Great close-in location with walkability drives consistent interest. Great income with historically longterm tenants. Low rents on most units offers great potential for increase income and upside. Both off street and on street parking. Some recent updates in the kitchen with newer appliances. [Home Energy Score = 6. HES Report at
Listing Agent
Keller Williams Sunset Corridor Brokerage Phone: 503-890-6527 License #200108016 Listed on: 04/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,963
Year Built
- Built in 1959
Home Design
- Wood Composite
Interior Spaces
- 4,388 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Schools
- Buckman Elementary School
- Hosford Middle School
- Cleveland High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
Additional Features
- Green Certified Home
- 10,454 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number R208176, R208175
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $26,753
- Gross Income $99,900
- Net Operating Income $73,147
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,963 | $260,250 | -- | -- |
| 2023 | $6,963 | $252,670 | $0 | $0 |
| 2022 | $6,551 | $245,320 | $0 | $0 |
| 2021 | $6,440 | $238,180 | $0 | $0 |
| 2020 | $5,908 | $231,250 | $0 | $0 |
| 2019 | $5,691 | $224,520 | $0 | $0 |
| 2018 | $5,523 | $217,990 | $0 | $0 |
| 2017 | $5,294 | $211,650 | $0 | $0 |
| 2016 | $4,845 | $205,490 | $0 | $0 |
| 2015 | $4,718 | $199,510 | $0 | $0 |
| 2014 | $4,647 | $193,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $1,300,000 | 0.0% | $296 / Sq Ft |
| 08/15/2025 08/15/25 | Off Market | $1,300,000 | -- | -- |
| 06/28/2025 06/28/25 | Price Changed | $649,900 | -50.0% | $296 / Sq Ft |
| 06/28/2025 06/28/25 | Price Changed | $1,300,000 | +85.7% | $296 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $700,000 | -50.0% | $319 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $1,400,000 | +84.2% | $319 / Sq Ft |
| 04/08/2025 04/08/25 | For Sale | $760,000 | -49.3% | $346 / Sq Ft |
| 04/08/2025 04/08/25 | For Sale | $1,500,000 | -- | $342 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 618881402
APN: R208176
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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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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