Welcome to Theory 33, a boutique modern living experience nestled in the vibrant heart of Portland's iconic Division Street corridor. Designed for those who crave style, convenience, and a connection to culture, Theory 33 redefines urban living with sleek sophistication and effortless charm.
Theory 33 blends contemporary architecture with thoughtful interior design to create a home that inspires. Each unit features open floor plans, floor-to-ceiling windows, premium finishes, and efficient layouts designed to elevate your lifestyle. Whether you're entertaining friends or enjoying a quiet evening, your space at Theory 33 offers the perfect backdrop.
Live steps from Portland's most eclectic and exciting neighborhood, filled with:
Craft coffee shops and artisan bakeries, James Beard Award-winning restaurants and trend-setting bars, boutique shopping and weekend farmer's markets, lush parks and bike-friendly routes.
Community Features:
-Smart access technology
-Eco-conscious materials and appliances
-Secure bike storage
-On-site parcel lockers for seamless delivery
-Pet-friendly policies, because your furry companion deserves it too
- Residents responsible for utilities (RUBS)
- Proof of renter's insurance required prior to move-in.
- First & Last month's rent due for move-in.
Apartment for rent
$1,350/mo
Fees may apply
Theory 33, # 401, 3325 SE Division St, Portland, OR 97202
1beds
499sqft
Price may not include required fees and charges. Learn more|
Apartment
Available Fri Jul 24 2026
Cats, dogs OK
Wall unit
In unit laundry
Electric
What's special
Eco-conscious materials and appliancesEfficient layoutsPremium finishesThoughtful interior designContemporary architectureFloor-to-ceiling windowsOpen floor plans
- 4 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
Learn more about the building:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Wall Unit
Appliances
- Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Trash Compactor, Washer
- Laundry: In Unit
Features
- Elevator
- Flooring: Linoleum/Vinyl
Interior area
- Total interior livable area: 499 sqft
Property
Parking
- Details: Contact manager
Features
- Stories: 4
- Exterior features: Bicycle storage, Blue Star Donuts at street level!, Close to New Seasons Market, Heating: Electric, One Year Lease, Online Maintenance Portal, Online Rent Payment, Online Rental Payments and Residents Services, Quartz Countertops!, Renters Insurance Required, Salt & Straw Next Door!, Secured Building Access, Stainless Steel Appliances!, View Type: City
- Has view: Yes
- View description: City View
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 2018
Building
Details
- Building name: Theory 33
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Gated
Location
- Region: Portland
Financial & listing details
- Lease term: One Year Lease
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for rent | $1,350$3/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Richmond
Nearby schools
GreatSchools rating
- 10/10Abernethy Elementary SchoolGrades: K-5Distance: 1 mi
- 8/10Hosford Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 0.6 mi







