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Theory 33 is rated highly with an overall Zumper score of 8.5 out of 10, showcasing its favorable balance of price and value at 9 out of 10. Residents benefit from top-tier amenities, achieving a perfect score of 10, as well as a prime location close to essential services, rated at 9. Notable features include private balconies, city views, and modern finishes, while the property is also recognized for its pet-friendly environment with numerous nearby pet services.
Things you’ll love
More spaceMiddle school nearbyImages AvailableGreat for
Pet owners| Floor Plan Type: Q | 2 bed | 2 bath | 774 sqft | $1,995 /mo | 1 unit available | Welcome to Theory 33 — Where Style Meets the Heart of SE Division Discover urban living redefined at Theory 33, a contemporary apartment community located at 3325 SE Division Street in Portland’s vibrant Richmond neighborhood. Designed for those who value comfort, convenience, and connection, Theory 33 offers a boutique living experience in one of Portland’s most dynamic and walkable districts. Modern Design & Thoughtful Details Each home at Theory 33 features high-end finishes, expansive windows, and open-concept layouts that maximize light and livability. Enjoy stainless steel appliances, quartz countertops, custom cabinetry, and in-unit washer/dryer for a seamless blend of form and function. Select units include private balconies or city views, creating a peaceful retreat in the heart of it all. Urban Convenience Live steps away from Portland’s best dining, coffee, and culture — including Salt & Straw, Pok Pok, Ava Gene’s, and New Seasons Market. With easy access to public transit, bike routes, and major employers, Theory 33 offers a truly connected lifestyle. Community Amenities Secure building entry with keyless access On-site bike storage Pet-friendly community Elevator access Energy-efficient construction and design Your Portland Lifestyle Starts Here Whether you’re working from home, exploring local breweries, or catching up with friends along Division Street, Theory 33 puts everything you love about Portland right outside your door. Now Leasing Studio, One-, and Two-Bedroom Apartments Contact us today to schedule your private tour and experience Theory 33 for yourself. $50 Application Screening Charge per adult Open application period: 09/11/2025 through 09/12/2025 Applications will begin being accepted on 09/13/2025 at 8:00 am. Security deposit is $500 depending on qualifications of the applicant(s) additional deposits may apply. Unit is not ADA Renters Insurance required. Minimum $100,000.00 policy required. To view our screening criteria please visit https www legacynw com screening-criteria 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 schedule your tour TODAY (503) 664-4101!! |
Let's explore this property.
Apartment Amenities
| Corner Unit | Floor-To-Ceiling Windows |
| LED Lighting Throughout | Quartz Countertops |
Appliances
| Stainless Steel Appliances |
Building
| Cats OK | Controlled Access |
| Dogs OK |
Grounds
| Storage |
Services
| Online Rental Payments and Residents Services |
Other
| 55 Lbs Weight Limit for Pets | Limit Two Pets |
| Renters Insurance Required | Utility Bill Back |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 30 |
|---|
Welcome to Theory 33 — Where Style Meets the Heart of SE Division Discover urban living redefined at Theory 33, a contemporary apartment community located at 3325 SE Division Street in Portland’s vibrant Richmond neighborhood. Designed for those who value comfort, convenience, and connection, Theory 33 offers a boutique living experience in one of Portland’s most dynamic and walkable districts. Modern Design & Thoughtful Details Each home at Theory 33 features high-end finishes, expansive windows, and open-concept layouts that maximize light and livability. Enjoy stainless steel appliances, quartz countertops, custom cabinetry, and in-unit washer/dryer for a seamless blend of form and function. Select units include private balconies or city views, creating a peaceful retreat in the heart of it all. Urban Convenience Live steps away from Portland’s best dining, coffee, and culture — including Salt & Straw, Pok Pok, Ava Gene’s, and New Seasons Market. With easy access to public transit, bike routes, and major employers, Theory 33 offers a truly connected lifestyle. Community Amenities Secure building entry with keyless access On-site bike storage Pet-friendly community Elevator access Energy-efficient construction and design Your Portland Lifestyle Starts Here Whether you’re working from home, exploring local breweries, or catching up with friends along Division Street, Theory 33 puts everything you love about Portland right outside your door. Now Leasing Studio, One-, and Two-Bedroom Apartments Contact us today to schedule your private tour and experience Theory 33 for yourself. $50 Application Screening Charge per adult Open application period: 09/11/2025 through 09/12/2025 Applications will begin being accepted on 09/13/2025 at 8:00 am. Security deposit is $500 depending on qualifications of the applicant(s) additional deposits may apply. Unit is not ADA Renters Insurance required. Minimum $100,000.00 policy required. To view our screening criteria please visit https www legacynw com screening-criteria 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 schedule your tour TODAY (503) 664-4101!!
How Theory 33 compares to other nearby properties.
Positives
2-bedroom apartments at Theory 33 cost about 8% more than the average rent price for 2-bedroom apartments in Richmond.
| Month | Median Rent |
|---|---|
| February 2024 | $1,195 |
| March 2024 | $1,197 |
| April 2024 | $1,198 |
| May 2024 | $1,213 |
| June 2024 | $1,231 |
| July 2024 | $1,228 |
| August 2024 | $1,223 |
| September 2024 | $1,233 |
| October 2024 | $1,219 |
| November 2024 | $1,202 |
| December 2024 | $1,199 |
| January 2025 | $1,193 |
| February 2025 | $1,193 |
| March 2025 | $1,180 |
| April 2025 | $1,178 |
| May 2025 | $1,178 |
| June 2025 | $1,175 |
| July 2025 | $1,174 |
| August 2025 | $1,196 |
| September 2025 | $1,185 |
| October 2025 | $1,150 |
| November 2025 | $1,173 |
| December 2025 | $1,163 |
| January 2026 | $1,148 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,309 |
| March 2024 | $1,265 |
| April 2024 | $1,282 |
| May 2024 | $1,323 |
| June 2024 | $1,329 |
| July 2024 | $1,303 |
| August 2024 | $1,271 |
| September 2024 | $1,231 |
| October 2024 | $1,288 |
| November 2024 | $1,323 |
| December 2024 | $1,312 |
| January 2025 | $1,286 |
| February 2025 | $1,295 |
| March 2025 | $1,281 |
| April 2025 | $1,313 |
| May 2025 | $1,295 |
| June 2025 | $1,285 |
| July 2025 | $1,278 |
| August 2025 | $1,298 |
| September 2025 | $1,302 |
| October 2025 | $1,302 |
| November 2025 | $1,301 |
| December 2025 | $1,269 |
| January 2026 | $1,298 |
Can I afford to live at 3325 Se Division St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$79,800/yr
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Cedar Hills - Cedar Mill North • 14245 Sw Walker Rd
1–2 Beds
$1,450–$1,700
Fisher's Landing East • 16506 Se 29th St
1–3 Beds
$1,525–$2,010
South Tabor • 7123 Se Powell Blvd
3 Beds
$1,575–$1,600
Homestead • 1311 Sw Gibbs St
1–2 Beds
$1,600–$2,195
Lloyd District • 304 Ne Multnomah St
1–2 Beds
$1,399–$2,025
Cedar Hills - Cedar Mill • 13409 Nw Sherry St
2 Beds
$1,795
Reed • 1654 1654 - 7842 SE Lambert Street
1 Bed
$2,095–$2,195
