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3548 SE 119TH AVE

Portland, OR 97266

$1,540,000

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… Read MoreRead Less

Listing courtesy of Barry Investment Real Estate.

Listing Snapshot

Days Online

Last Updated

Aug 11, 2026

Square Ft.

9,866

Lot Size

0.32 Acres

Year Built

2003

MLS Number

576296232

30 Days Snapshot Of 97266

$400k

+1%

(avg) sold price

-27%

homes sold

+145%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Building

Building Area Total: 9866, Built in 2003, Unit Type Type: UnitTypeType1

Expenses

Operating Expense Scheduled: 86139, Operating Expense: $83,239

Exterior Features

Exterior Description: WoodSiding

Heating

Heating: WallHeater

Income

CAP Rate: 6.8, Gross Income: $187,965, Gross Rent Multiplier: 8.19, Gross Scheduled Income: $207,003, Net Operating Income: $104,726, Net Scheduled Income: 120864

Lot

Features: Level, Size Acres: 0.32, Size Range: SqFt10000to14999, Size Square Feet: 13,939, Size: 10,000 to 14,999 SqFt

Miscellaneous

Investor Information: AccordingToOwner, RentRecords

Parking

Features: OffStreet, Paved

Property

Number Of Units Total: 11, Zoning: R1

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $20,829, Legal Description, Tax Year: 2025

Unit One

Actual Rent: $1,343, Area: 897, Features: Dishwasher, Range, Refrigerator, WasherDryerHookup, Units Total: 11, 1 total bathroom, 2 total bedroom

Utilities

Fuel Description: Electricity, Hot Water Description: Electricity, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Living Room Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Aug 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Aug 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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3548 SE 119TH AVE

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