3320 SE 90th Pl, Portland, OR 97266
Local realty services provided by:Knipe Realty ERA Powered
3320 SE 90th Pl,Portland, OR 97266
$5,795,000
- - Beds
- - Baths
- 17,350 sq. ft.
- Multi-family
- Active
Listed by: phillip barry
Office: barry investment real estate503-593-9707
MLS#:759785667
Source:PORTLAND
Price summary
- Price:$5,795,000
- Price per sq. ft.:$334.01
About this home
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....
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Home facts
- Year built:2025
- Listing ID #:759785667
- Added:19 day(s) ago
- Updated:June 17, 2026 at 11:26 AM
Rooms and interior
- Living area:17,350 sq. ft.
Heating and cooling
- Heating:Mini Split
Structure and exterior
- Roof:Composition, Flat
- Year built:2025
- Building area:17,350 sq. ft.
- Lot area:0.79 Acres
- Lot Features:Level
- Levels:3 Stories
Schools
- High school:Leodis McDaniel
- Middle school:Harrison Park
- Elementary school:Earl Boyles
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,795,000
- Price per sq. ft.:$334.01
- Tax amount:$51,273 (2025)
Parking
- Parking description:Assigned, Off Street
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