Listing provided courtesy of Barry Investment Real Estate- MLS# 759785667MLS Provider

3320 SE 90TH PLPortland, OR 97266

Multi-Family · 17,350 Sq. ft. | 0.79 Acres
$5,795,000 Active

3320 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.

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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

37
Median Age
6,074
Population Density (per sq. mile)
34%
College Educated
$59,062
Estimated Median Income
7,421
Estimated Total Home Owners
6,018
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3320 SE 90TH PL Market Data

Based on the last 30 days in this zip code

$442,581
Average List Price
$273
Average Price per Square Foot
21
Properties Sold
93
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

3320 SE 90TH PL History

Date Event Value Agent
5/29/2026Source: Regional MLS Added to Database
May 29, 2026