Theory 33 Apartments

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3325 SE Division St, Portland, OR 97202
(971) 366-3292
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Theory 33

3325 SE Division St
Portland, OR 97202
(971) 366-3292
Theory 33 in Portland, OR - Building Photo
  • Studio–2 Bedrooms
  • $1,295-$2,295Pricing
  • 499–774Square Feet

About Theory 33

Theory33!! Pets Welcome. Washer and Dryer in unit!!! - CALL/TEXT Maria and schedule your tour TODAY !! We believe that exceptional living is a personal experience dictated by your individuality, and that you are what makes a place special. This is why we created spaces that are open and flexible. Homes that are thoughtfully designed with durable materials that allow you to chase your passions outside your proverbial four walls. This is our why. This is our Theory. Ready to elevate yourself to a higher standard of living? Reserve your luxury apartment home today! Each home offers: Floor-to-Ceiling Sliding Windows Floating Shelving Recessed LED Lighting Hard Surface Flooring Quartz Counter Tops Modular Closet Fixtures Large Patios (select units) Open Concept Living Areas Gas Ranges Ground Floor Retail Space If you have a pet, a clear picture of each pet must be submitted with your rental application. pet rent $25.00 per pet, required property will not allow any dog of a perceived vicious breed (or mixture thereof). The information contained in this advertisement is deemed reliable, but no representation is made as to the accuracy thereof, and such information is subject to errors, omissions, changes in price, prior lease or withdrawal without notice. All square footage and dimensions are approximate. Available date may change without notice, prior to a lease being signed. Photos are representative of the property for rent but may not be the exact unit available. CALL/TEXT Maria and schedule your tour TODAY !!

Theory 33 is located in the Richmond Neighborhood and 97202 Zip code of Portland, OR.

Unique Features and Amenities

  • Blue Star Donuts at street level!
  • Bollywood Theater
  • Close to New Seasons Market
  • Convenient Indoor Bike Storage
  • Luxury Vinyl Plank Flooring!
  • online rental payments and residents services
  • Onsite Laundry Facility
  • Pets welcome - Limit 1 pet- 35lbs weight limit - $25.00 per pet per month
  • Quartz Countertops!
  • Renters Insurance Required
  • Salt & Straw Next Door!
  • Secured Building Access
  • Security Cameras
  • Stainless Steel Appliances!
  • walk to local shops and businesses.

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Theory 33 offers Studio to 2 Bedroom apartments starting from $1,295 and having 499–774 sq ft. Here is the current pricing and availability:

  • Studio

    Floor Plan Type: W

    $1,295

    Studio, 1 Bath, 499 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotos
    $1,295Available Now303499$500

    Unit 303 Amenities and Features

    Kitchen

    • Disposal
    • Quartz Countertops

    Living Space

    • Floor to Ceiling Windows

    Unique Features

    • Blue Star Donuts at street level!
    • Ceiling Fan
    • full size washer/dryer in unit
    • Modern Apartment
    • North Views!
    • Online Rental Payments and Residents Services
    • Pets OK! - Limit 1 - 55lb weight limit - $25
    • Renters Insurance Required
    • Salt & Straw Next Door!
    • Secure access
    • St Honore Bakery next door!
    • Stainless Steel Appliances!
    • Studio Apt.
    • water/sewer/garbage
    • Water/Sewer/Garbage Included in Rent!

    Unit 303 Rent and Fees

    Unit Price

    • $1,295

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,295
  • 1 Bedroom

    Floor Plan Type: T

    $1,595

    1 Bed, 1 Bath, 661 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotos
    $1,595Available Now407661$500

    Unit 407 Amenities and Features

    Interior

    • Elevator

    Unique Features

    • Blue Star Donuts at street level!
    • Convenient Indoor Bike Storage
    • Convertable Living Space
    • Luxerone package delivery
    • Online Rental Payments and Residents Services
    • pets ok - Limit 2 - $25 pet rent (per pet/per
    • Renters Insurance Required
    • Salt & Straw Next Door!
    • South Views
    • Super close in SE PDX!
    • walk to local shops and businesses.
    • Washer/Dryer Included!
    • water/sewer/garbage
    • Water/Sewer/Garbage Included in Rent!

    Unit 407 Rent and Fees

    Unit Price

    • $1,595

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,595
  • 2 Bedrooms

    Floor Plan Type: Q

    $2,295

    2 Beds, 2 Baths, 774 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotos
    $2,295Available Now301774$500

    Unit 301 Amenities and Features

    Kitchen

    • Quartz Countertops
    • Stainless Steel Appliances

    Living Space

    • Floor to Ceiling Windows

    Unique Features

    • $25.00 pet rent per month per pet
    • 55 lbs weight limit for pets
    • Blue Star Donuts at street level!
    • Convenient Indoor Bike Storage
    • Corner Unit!
    • LED Lighting throughout!!
    • Limit 2 pets
    • LVP Flooring Throughout!!
    • North Views!
    • Online Rental Payments and Residents Services
    • Pet Friendly!!
    • Renters Insurance Required
    • Secure access
    • St Honore bakery nexct door!
    • Upscale Condo Living!
    • water/sewer/garbage
    • Water/Sewer/Garbage Included in Rent!

    Unit 301 Rent and Fees

    Unit Price

    • $2,295

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $2,295
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (971) 366-3292 to schedule a tour.

Matterport 3D Tours

Property Information

Lease Terms

  • 12 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Application Fee Per Applicant$50

Pet Policy and Fees

Dogs

  • Fees Not Specified

Cats

  • Fees Not Specified

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Video Patrol
  • Laundry Facilities

Community Features

  • Elevator

Recreation and Fitness

  • Bicycle Storage

Interior Features

  • Tub/Shower
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Disposal
  • Oven
  • Range
  • Refrigerator
  • Stainless Steel Appliances
  • Kitchen
  • Quartz Countertops

Living Area Features

  • Hardwood Floors

Outdoor Features

  • Patio
Google Map

Map

3325 SE Division St, Portland, OR 97202

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
MondayBy Appointment
TuesdayBy Appointment
WednesdayBy Appointment
ThursdayBy Appointment
FridayBy Appointment
SaturdayBy Appointment
SundayClosed

Getting Around

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

100 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Theory 33

Where is Theory 33 located?

Theory 33 is located at 3325 SE Division St near the Richmond area of Portland, OR

What is the current rent range at Theory 33?

Studio to 2 Bedroom Apartments at Theory 33 currently range from $1,295 to $2,295

When is the leasing office open?

  • The office Hours for Theory 33 are
  • Monday By Appointment
  • Tuesday By Appointment
  • Wednesday By Appointment
  • Thursday By Appointment
  • Friday By Appointment
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Good Value3.6

    The Theory 33 Apartments are 9.9% more expensive than the average apartment in the Richmond area, and 3.03% cheaper than the average apartment city-wide.

    Rent Comparison to the Richmond Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,295$1,368-$73-5.3%
    1 Bedroom$1,595$1,383+$21215.3%
    2 Bedroom$2,295$1,918+$37719.7%

    Rent Comparison to the city of Portland

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,295$1,359-$64-4.7%
    1 Bedroom$1,595$1,798-$203-11.3%
    2 Bedroom$2,295$2,147+$1486.9%

    Methodology: On 10/21/2025, ApartmentHomeLiving.com compared current rents by floorplan to 303 other apartment communities in the immediate area around Theory 33 (Richmond), and 9120 other apartment communities in Portland using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 10/21/2025

  • Transit Friendly 4.0

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.8
4 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Beautiful building, poorly managed

    February 24, 2024
    I’ve lived in Portland over 12 years and have moved almost yearly since and I can easily say this building is one of the worst I’ve ever lived in. I should have known from how unorganized the application and approval process was but I was in a pinch and needed to moved pretty quickly. The apartment itself was okay, with really beautiful windows but insanely low craftsmanship (think drawers fronts pull off every time you try and open the drawer). There’s no inside property management which might ...
    not be so bad if the property management company cared even a little bit. Upon move-in I discovered I never received a mail key and it took well over two weeks trying to get someone to care enough to provide me one, all while a prescription I needed was sitting trapped in my mailbox I could not access. Maintenance requests receive little to no communication – upon move out I’d had an open request for over six months that was never resolved because BOTH large windows in my apartment would not shut or lock properly leaving an almost half inch gap exposed to the outside, wonderful in winter. The elevator was constantly down with no communication on when it would be fixed, once for over a week. On more than one occasion I would be away a few days only to return to my apartment reeking of cigarette smoke due to other tenants smoking inside, this was one of the only things I ever received regular communication about. Tenants would get multiple texts saying “don’t smoke inside” and that was the extent of the efforts to stop the problem, text. More than once the front door lock would not function leaving the lobby and units open to any random person coming off of very busy Division St. Packages were constantly stolen from the lobby. The secured lockers were rarely used and often damaged out of service. The key fob security for the stairwell was literally ripped out of the wall at one point and when I moved out was just a dangling exposed wire. I could go on, and on, and on, and on. Don’t live here, please!
    Read More
    Review from Apartments.com
  • Not worth it for the money

    June 22, 2021
    This place has gone downhill. Since we moved in, the management of this place has gone downhill. There's no AC hookups, there's zero management and no one will ever contact you about anything. Good luck getting in touch with the suburban management company they put over this place and the trash room is in a constant state of disarray. Even to cut costs they've started cranking the heat up in common areas?!? Anyway, there are so many more buildings going up all across town and that are better ...
    managed. This place isn't that bad compared to some, but compared to the value you're getting, you'll feel like just an item on some investor's bottom line, instead of a cared for resident. We're leaving as soon as we can.
    Read More
    Review from Apartments.com
  • There are much better values to be had

    February 18, 2021
    For what you will pay to live here, you will not get service commensurate with your expectations. For whatever reason they changed management companies when I moved here. My friend said the old management company would email you often and were very responsive. This new company never communicates. During the latest blackouts, there was NO WAY to get in and out of the building, they had to prop the doors open, which seems absolutely crazy to me for a so-called luxury building. Rent incentives are ...
    fine if you are looking but I wish there was a way for us to move sooner because it is a fine place like clean or whatever and not a slum, but I cannot understand the absent management of such a new building.
    Read More
    Review from Apartments.com
  • Not bad for what it is

    August 20, 2020
    Moved here a year ago, it's a solid building. Fixtures are nice, though stain easily because they're all white. Patio door situation onto Division is also pretty great, though admittedly there's no central air in this building and they don't have exhaust hoses, so your portable A/C unit will struggle to fit and that's less than ideal. Bike room isn't large enough and if you come from a managed building, you'll find this lacking because you have to submit requests via a portal and it might always ...
    be the quickest at responding. Concierge trash service is solid. Overall a good living experience but few amenities -- but living on Division is itself a bit of an amenity -- so what you sacrifice in "benefits" get made up for in the fact that it's only 27 units in the whole building. Probably pricer than you can find around the city for a 1BR, but if you want to stick to Division and want a clean, quiet place to lay your head, it's a pretty solid experience by and large.
    Read More
    Review from Apartments.com

Nearby Schools

Cleveland High School

Portland School District 1j
3400 Southeast 26th Avenue
Public School - Grades 9-12 (1547 Students)
In Attendance Zone1 minute drive / 0.6 miles away
8/10

Abernethy Elementary School

Portland School District 1j
2421 Southeast Orange Avenue
Public School - Grades K-5 (353 Students)
In Attendance Zone3 minute drive / 1.0 miles away
10/10

Hosford Middle School

Portland School District 1j
2303 Southeast 28th Place
Public School - Grades 6-8 (566 Students)
In Attendance Zone1 minute drive / 0.3 miles away
7/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Theory 33.

Arts Museums and Landmarks

Oregon Museum of Science and Industry

1945 SE Water Avenue
5 minute drive / 1.71 miles away

Oregon Jewish Museum

310 NW Davis St
5 minute drive / 2.34 miles away

Portland Art Museum

1219 SW Park Avenue
5 minute drive / 2.61 miles away

Big Box and Retail

Safeway

2800-2804 SE Hawthorne Blvd
1 minute drive / 0.37 miles away

Walgreen's

3909 SE Holgate Blvd
4 minute drive / 1.38 miles away

Petco

6653-6655 NE Glisan St
4 minute drive / 2.06 miles away

Colleges and Universities

Reed College

3203 SE Woodstock Blvd
4 minute drive / 2.04 miles away

Oregon Health and Science University - South Waterfront Campus

3303 SW Bond Avenue
4 minute drive / 2.13 miles away

Portland Community College - Southeast Campus

2305 SE 82nd Ave
5 minute drive / 2.44 miles away

Groceries

Safeway

2800-2804 SE Hawthorne Blvd
1 minute drive / 0.37 miles away

New Seasons Market

4032-4034 SE Hawthorne Blvd
1 minute drive / 0.47 miles away

Trader Joes

4707-4715 SE 39th Ave
4 minute drive / 1.49 miles away

Hospitals

Providence Portland Medical Center

4805 Ne Glisan Street
4 minute drive / 1.38 miles away

Shriners Hospital For Children - Portland

3101 Sw Sam Jackson Park Road
5 minute drive / 2.73 miles away

Ohsu Hospital And Clinics

3181 Sw Sam Jackson Park Road
6 minute drive / 2.9 miles away

Military Bases

Portland Airport Air Guard Station

10 minute drive / 5.01 miles away

Camp Withycombe National Guard

16 minute drive / 7.59 miles away

Parks and Recreation

Oaks Amusement Park

7805 SE Oaks Park Way
6 minute drive / 3.21 miles away

Pittcock Mansion

3229 NW Pittock Drive
9 minute drive / 4.32 miles away

Theory 33 has 2 parks within 4.3 miles, including Oaks Amusement Park, and Pittcock Mansion.

Shopping Centers

The Pederson Building

3590 SE Hawthorne Blvd
1 minute drive / 0.2 miles away

Fred Meyer Hawthorne Shopping Center

3805 SE Hawthorne Blvd
1 minute drive / 0.36 miles away

41st @ Hawthorne

4111-4163 SE Hawthorne Blvd
1 minute drive / 0.53 miles away

Theory 33 has 5 shopping centers within 0.8 miles.

Transit Stations

NE 60th-MAX Blue Line

5 minute drive / 1.83 miles away

NE 60th-MAX Green Line

5 minute drive / 1.83 miles away

NE 60th-MAX Red Line

5 minute drive / 1.83 miles away

Nearby Neighborhoods

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Studio to 5 Bedroom Apartments from $1,000
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Studio to 5 Bedroom Apartments from $1,000
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Portland Studio Apartments $1,359$619$6,497
Portland 1 Bedroom Apartments $1,798$698$7,200
Portland 2 Bedroom Apartments $2,147$703$9,214
Portland 3 Bedroom Apartments $2,684$804$10,000+
Portland 4 Bedroom Apartments $4,310$1,810$9,365
Portland 5 Bedroom Apartments $7,498$3,250$10,000+
Portland 6 Bedroom Apartments $14,009$10,000$10,000+

Browse Top Apartments in Portland

Viewing: Theory 33 | Desktop Version | Listing Updated: 10/21/2025 | AHLGLD