By David Columbus, March 26, 2026
2903 SE PINE ST , Portland 97214
$1,050,000 (Active)
- Bed
- Bath
- 3500 sqft.
Portland, 97214
View Listing- Built in 1967
- 3500 sqft
- $300.00/sqft
- County: Multnomah
2903 SE Pine St
Portland, OR 97214
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.”
OFFERED AT $1,050,000
4 Units Total
2 townhouse-style units: 2 bed and 1.5 bath | 2 single-level units: 2 bed and 1 bath
MLS# 133210420 | Taxes: $11,512.22
David Columbus
Principal Broker | Earth Advantage | ADU Specialist | OR
He/Him
Ok, here’s my snapshot.
I moved to Portland in October of 1998, moved for love. I’ve been a licensed real estate broker in Oregon since 2000 and would describe myself as a general practitioner helping people navigate residential, investment, and owner-user commercial markets as well as doing some residential tenant representation.
My work experience has ranged from swinging a hammer to brokering Eurodollar Futures. Me and my husband and two cats live in the Overlook/Arbor Lodge neighborhood, together we have built a 20-door rental portfolio and even run a small Airbnb business.
I am originally from Traverse City, MI (NW lower MI), and graduated from Western Michigan University in Kalamazoo, MI. My quarter-life crisis was spent crewing/hitchhiking on sailing yachts around the Caribbean, British Isles, and Mediterranean Sea for three years. My mid-life crisis was spent with my partner sailing from Portland, OR down to Mexico and hanging out for a year. I'm good with crises. I work with buyers, sellers, and tenants who are all looking to thread the housing needle.
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