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$1,012,500

  • Sold
  • Sold
  • Multi-Family
See This Home
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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."

Full Property Details for 2903 SE Pine St

General

  • Sold For: $1,012,500
  • Taxes: $11,512 (2025)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 133210420
  • Added to Site: 119 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Parking

  • Total Spaces: 4
  • Parking Features: Assigned, Covered

Location

  • County: Multnomah
  • Subdivision: KERNS
  • Driving Directions: SE Pine St. just north of SE 28th.

School Information

  • Midd School District: Sunnyside Env
  • Elementary School: Sunnyside Env
  • Middle School: Sunnyside Env
  • High School: Franklin

Community

  • Community Name: 143 - Portland Southeast

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 3,500
  • Year Built: 1967
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved
  • Lot Features: Corner Lot

Financial Considerations

  • Operating Expenses: $33,866
  • Tax Amount: $11,512.22
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Disclosures/Reports: Disclosure
  • Property ID: R126037

Listed by Living Room Realty (503) 719-5588, David Columbus (503) 504-2421
Sold by Living Room Realty (503) 719-5588, Gavynn Wells

Listing agent

— 2903 SE Pine St —

  • David Columbus

    Living Room Realty

    503-719-5588

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2903 SE Pine St

School District:Portland School District 1j
NameGradesDistance
Sunnyside Environmental School
3421 Southeast Salmon Street, Portland, OR 97214
K-80.5 mi
Franklin High School, Portland, OR
5405 Southeast Woodward Street, Portland, OR 97206
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2903 SE Pine St

Date
Details
Price
Change
Source
6/08/2026
Sold
$1,012,500
-3.57%
MLS
3/24/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Living Room Realty (503) 719-5588, David Columbus (503) 504-2421
Sold by Living Room Realty (503) 719-5588, Gavynn Wells

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2903 SE Pine St, Portland, OR 97214 (MLS# 133210420) is a Multi-Family property that was sold at $1,012,500 on June 08, 2026. Want to learn more about 2903 SE Pine St? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.