UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

2903 SE PINE ST Portland, OR 97214
Price:
$1,050,000
Units:
4
Acres:
0.09
Unit 1:
2 Bed 2.0 Bath $2,000/mo
Features: Dishwasher, Hardwood Floors, Range, Refrigerator
Unit 2:
2 Bed 2.0 Bath $1,750/mo
Features: Dishwasher, Hardwood Floors, Range, Refrigerator
Unit 3:
2 Bed 1.0 Bath $1,875/mo
Features: Dishwasher, Hardwood Floors, Range, Refrigerator
Unit 4:
2 Bed 1.0 Bath $1,875/mo
Features: Dishwasher, Hardwood Floors, Range, Refrigerator
MLS#:
133210420
Lot Size:
3,000 to 4,999 SqFt
Type:
Multi
Zone:
R2.5
Yr Built:
1967
Taxe/yr:
$11,512.22
County:
Multnomah
Status:
Active
Levels:
2
Heat:
WallHeater
Nhood/Bldg:
KERNS
Elem:
Sunnyside Env
Middle:
Sunnyside Env
High:
Franklin
Lot Desc:
Corner Lot
Area:
Portland Southeast
Courtesy of:
Living Room Realty
Remarks:
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."
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