3320 SE 90TH PL, Portland, OR 97266
3320 SE 90TH PL, Portland, OR 97266
3320 SE 90TH PL, Portland, OR 97266
3320 SE 90TH PL, Portland, OR 97266
3320 SE 90TH PL, Portland, OR 97266
3320 SE 90TH PL, Portland, OR 97266
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HomeSmart Realty Group

HomeSmart Realty Group

+1(971) 599-5865
Listed by Barry Investment Real Estate
$ 5,795,000
Est. payment | /mo

17,350 SqFt

Save
$ 5,795,000
Est. payment | /mo
Save

17,350 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,350 sqft

Price per Sqft $334

MLS Listing ID 759785667

HOA Y/N No

Year Built 2025

Annual Tax Amount $51,273

Tax Year 2025

Lot Size 0.790 Acres

Property Description

Powell Heights & Powell Place Apartments are a 29-unit, fully stabilized multifamily investment comprised of two adjacent properties in a highly desirable Southeast Portland neighborhood. The portfolio includes Powell Heights (21 units)and Powell Place (8 units), together offering a rare opportunity to acquire scale with operational efficiency in a low-density setting.Situated on nearly one acre and sharing a common parking lot, the properties benefit from strong tenant appeal, efficient management, and a serene residential environment. The portfolio features a diverse mix of studio, one-bedroom, and two-bedroom apartments, supporting consistent demand and strong rental performance.Powell Heights, representing 72% of the units, is brand-new construction (2025), while Powell Place, a 1973 vintage asset, has been fully renovated and has demonstrated a proven track record of achieving top-of-market rents. Together, the assets deliver a compelling blend of modern new-construction product and a renovated, lower-density vintage community - the combination of both provides the ability to offer parking, storage, and larger unit sizes - a truly unique offering for new construction - creating a best-in-class living experience that is truly unique in the neighborhood.Potential Loan Assumption opportunity.

Location

State OR

County Multnomah

Area _143

Zoning R1

Interior

Heating Mini Split

Cooling Mini Split

Exterior

Roof Type Composition,Flat

Garage No

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Earl Boyles

Middle Schools Harrison Park

High Schools Leodis Mcdaniel

Others

Acceptable Financing CallListingAgent, Cash, Conventional

Listing Terms CallListingAgent, Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

HomeSmart Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(971) 599-5865

broker@hsmartrealtygroup.com

3240 Commercial St SE, Ste 100, Salem, OR, 97302

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3320 SE 90TH PL