2903 SE PINE ST, Portland, OR 97214
- $1,012,500
- 3,500
- SqFt
- Sold Price
- $1,012,500
- List Price
- $1,050,000
- Closing Date
- Jun 08, 2026
- Days on Market
- 76
- MLS#
- 133210420
- Property Type
- Multifamily
- Sqft. of Residence
- 3,500
- Lot Size
- 3, 000 to 4, 999 SqFt
- Region
- Portland Southeast
- Status
- SOLD
Property 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."
Additional Information
- Tax Amount
- $11,512
- Year Built
- 1967
- High School
- Franklin
- Elementary School
- Sunnyside Env
- Middle School
- Sunnyside Env
- Acres
- 0.09
- Living Area
- 3,500
- Stories
- 2
- Subdivision
- KERNS
- Terms
- Cash, Conventional
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity
- Exterior Description
- Aluminum, Cement Siding, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Assigned, Covered
- Parking Description
- Assigned, Covered
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 2000
- Unit Type One Sq Ft
- 900
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1875
- Unit Type Three Sq Ft
- 850
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1875
- Unit Type Four Sq Ft
- 850
- Unit Type Four Units Total
- 1
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Listing courtesy of Living Room Realty. Selling Office: Living Room Realty.
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