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About This Home
This 8-bedroom, 6-bathroom residential multi family at 2903 SE PINE St in Portland, OR is listed for $1,050,000 ($300 per sqft). Built in 1967, the home offers 3,500 sqft of living space on a 0.09 acres lot.
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."
Key Features
- Built in 1967
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$5,616/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2903 SE PINE St
Portland, OR 97214
KERNS
Questions & Answers
This 8-bedroom, 6-bathroom residential multi family at 2903 SE PINE St is listed at $1,050,000 ($300/sqft). The estimated monthly payment is $4,550 based on 20% down at 6.5% interest.
Key features include: Built in 1967, 0.09 acre lot, 2 stories.
This property is listed by David Columbus and can be reached at 5035042421 or davidc@livingroomre.com.
