Shawn Realty 503-515-4499
9,866 sq ft
3548 SE 119TH AVE, Portland, OR 97266
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- Building Area
- 9,866 sq ft
- Price/Sq Ft
- $156/sq ft
- Year Built
- 2003
- County
- Multnomah
- Annual Tax
- $20,829 (2025)
- Days on Market
- 95 days
- Open House
- None scheduled
Monthly payment
$11,380 per month
- Principal & interest$9,324
- Property taxes$1,736
- HOA dues$0
- Home insurance$321
- Utilities$0
10% down · 30-year fixed · 7.11% rate · 7.211% APR (est.)
Rate: Freddie Mac weekly average, as of 11/12/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.11% (7.211% APR, estimated). Rate: Freddie Mac weekly average, as of 11/12/2026.
- Down payment: 10% ($154,000) on $1,540,000; loan $1,386,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $1,736/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $321/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
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 850 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.
Facts & Features
| Property Type | Multi Family |
|---|---|
| Building Area (sq ft) | 9866 |
| Lot Size (acres) | 0.32 |
| Lot Size (sq ft) | 13939 |
| Year Built | 2003 |
| County | Multnomah |
| Elementary School | W Powellhurst |
| Middle School | Ron Russell |
| High School | David Douglas |
| Heating | Wall Heater |
| Roof | Composition |
| View | No |
| Lot Features | Level |
| Parking | Off Street, Paved |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $20,829 |
| Tax Year | 2025 |
| Original List Price | $1,540,000 |
| RMLS # | 576296232 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Phillip Barry • Barry Investment Real Estate
Listing updated: Oct 30, 2026 at 5:14pm
Source: RMLS #576296232
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 Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name 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 11/14/2026 07:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty