2909 SE Pine St, Portland, OR 97214

Portland
Local realty services provided by:Knipe Realty ERA Powered
2909 SE Pine St,Portland, OR 97214
$1,050,000
  • - Beds
  • - Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: david columbus
Office: living room realty
MLS#:133210420
Source:PORTLAND

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$300

About this home

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.

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Home facts

  • Year built:1967
  • Listing ID #:133210420
  • Added:1 day(s) ago
  • Updated:March 24, 2026 at 04:24 PM

Rooms and interior

  • Living area:3,500 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1967
  • Building area:3,500 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Corner Lot
  • Levels:2 Stories

Schools

  • High school:Franklin
  • Middle school:Sunnyside Env
  • Elementary school:Sunnyside Env

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$300
  • Tax amount:$11,512 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Covered
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 24, 2026

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