

3320 SE 90TH PLPortland, OR 97266
Multi-Family · 17,350 Sq. ft. | 0.79 Acres3320 SE 90TH PL Overview
- Time on Site:
- 32 days
- Visits:
- 0
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.
3320 SE 90TH PL Facts & Features
- Type Multi-Family
- Sq. ft. 17,350
- Price/Sq.ft. $334
- Lot 0.79 Acres
Details
General
School Information
- Elementary School: Earl Boyles
- Middle Or Junior School: Harrison Park
- High School: Leodis McDaniel
Income/Expenses
- Gross Income: 543958.0
- Gross Scheduled Income: 554104.0
- Net Operating Income: 360356.0
- Operating Expense: 183602.0
Building Information
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 143 - Portland Southeast
Rent/Lease Information
- Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 51273.0
- Tax Year: 2025
General Information
- Disclosures: Exempt
- Listing Terms: Call Listing Agent,Cash,Conventional
- Parcel Number: R244995
- Property Condition: New Construction
- Property Type: Multi Family
- Zoning: R1
Interior
Building Interior
- Building Area Total: 17350.0
General Information
- Cooling: Mini Split
- Heating: Mini Split
- Stories: 3
Exterior
Parking Information
- Parking Features: Assigned,Off Street
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.79
- Lot Size Square Feet: 34412.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition,Flat
General Information
- Number Of Units Total: 29
- Sewer: Public Sewer
3320 SE 90TH PL Neighborhood
Community
97266 (PORTLAND) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3320 SE 90TH PL Monthly Cost
3320 SE 90TH PL Market Data
Based on the last 30 days in this zip code
3320 SE 90TH PL History
| Date | Value | Agent |
|---|---|---|
| 5/29/2026Source: Regional MLS | May 29, 2026 |