2903 SE Pine St Portland, OR 97214
Listing Courtesy of: MLS LogoRMLS / Living Room Se Office / David Columbus

  2903 SE Pine St Portland, OR 97214

Active (4 Days)
$1,050,000 (USD)
8
BED
6
BATH
3,500
SQFT

Description

Well-maintained and professionally managed fourplex in the highly desirable Kerns neighborhood—an exceptional turnkey investment opportunity with a true 5.47% cap rate. The property features two townhouse-style units with 2 bedrooms and 1.5 baths, along with two single-level units offering 2 bedrooms and 1 bath.All units include covered off-street parking—a rare and valuable amenity in this area. Interior features include hardwood floors, built-in dishwashers, and access to on-site laundry.Ideally located near Ken’s Artisan Bakery, CREMA Coffee + Bakery, Whole Foods Market, Bamboo Sushi, and Laurelhurst Park, with countless additional dining and lifestyle options nearby.Units experience minimal turnover and lease quickly when available, supporting stable and consistent income. Walk Score of 95 Walker's Paradise.

MLS #:
133210420
Taxes
$11,512(2025)
Lot Size
3,920 SQFT
Type
Multifamily
Year Built
1967
County
Multnomah County
Community
Kerns

Listed By

David Columbus, Living Room Se Office
Source
RMLS
Last checked Mar 29 2026 at 2:04 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Subdivision
  • Kerns
Lot Information
  • Corner Lot
Exterior Features
  • Lap Siding
  • Aluminum
  • Cement Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electricity
School Information
  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin
Parking
  • Covered
  • Assigned
Stories
  • 2
Location
   
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Disclaimer: 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 Living Room Realty 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (3/28/26 19:04). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.