House
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Portland, OR 97266Price: $1,540,000

  • Price: $1,540,000
  • Est. Mortgage of $/month
  • 8 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,540,000List Price
  • 0.32Acreage
  • 9,866Square Feet
Listed by Phillip Barry of Barry Investment Real Estate
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The SE 119th Apartments is an 11-unit multifamily community located at 3548 SE 119th Avenue in Portland's Powellhurst-Gilbert neighborhood. Constructed in 2003, the property is substantially newer than much of the apartment inventory throughout the East Portland market, offering investors a more modern asset with an attractive townhome-style floor plans.The community consists entirely of spacious two-bedroom, one-bath townhome-style apartment homes averaging approximately 897 square feet. Each unit features functional two-story floorplans, washer & dryer hookups, private patio areas, and ample off-street parking. The larger floorplans and townhome design continue to appeal to residents seeking additional space and a more residential living environment.Current ownership has completed ongoing maintenance and improvements throughout their ownership, including replacing the roof on one of the two buildings in early 2025. Unit interiors have also been updated as apartments have turned over.SE 119th Apartments presents investors with the opportunity to acquire a newer vintage apartment community featuring desirable floorplans, stable occupancy, and continued rental upside within one of Portland's more affordable workforce housing submarkets.

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Based on information submitted to OR_RMLS_WEB_API as of August 18, 2026 3:15 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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