3246 SE 115th Ave, Portla...
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house view
living room
dining room
dining room
kitchen
kitchen
dining room
bathroom
bedroom
bathroom
Est $ 38,392/mo
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3246 SE 115th Ave, Portland, Oregon, 97266
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5
Bed
6
Bath
14395
Sqft
Overview
Property Type
Home
Property Status
Sale
Year Built
2025
Days on RealtySearch
-
Active Status
Active
Last Sold
-
Rare opportunity to acquire a fully completed 16-unit cottage cluster at 3246 SE 115th Ave in Portland's Powellhurst-Gilbert neighborhood, purpose-built for long-term rental performance. This detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making...
More Details
Neighborhood
3246 SE 115th Ave is located in neighborhood in the city of Portland,OR
Property History
Date
2025-12-10
Event
Price Changed
Price
$5983900
Price/Sq Ft
14395
Source
RMLS
Date
2025-10-07
Event
Price Changed
Price
$5838900
Price/Sq Ft
14395
Source
RMLS
Date
2025-10-02
Event
Listed
Price
$6298900
Price/Sq Ft
14395
Source
RMLS
View More Details
Est
get pre-qualify
3246 SE 115th Ave, Portland, Oregon, 97266
Get Free FICO® Credit Score
View On Map
5
Bed
6
Bath
14395
Sqft
Overview
Property Type
Home
Property Status
Sale
Year Built
2025
Days on RealtySearch
-
Active Status
Active
Last Sold
-
Rare opportunity to acquire a fully completed 16-unit cottage cluster at 3246 SE 115th Ave in Portland's Powellhurst-Gilbert neighborhood, purpose-built for long-term rental performance. This detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making...
More Details
Neighborhood
is located in neighborhood in the city of ,
Property History
Date
2025-12-10
Event
Price Changed
Price
$5983900
Price/Sq Ft
Source
View More Details
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Home Details
Description
Rare opportunity to acquire a fully completed 16-unit cottage cluster at 3246 SE 115th Ave in Portland's Powellhurst-Gilbert neighborhood, purpose-built for long-term rental performance. This detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making it a compelling addition to any portfolio. Each stand-alone home is individually metered with no shared walls, enhancing privacy and allowing clean utility cost pass-throughs. Energy-efficient mini-splits provide heating and cooling in every unit, helping control operating expenses and support tenant retention. Modern construction and systems reduce near-term capital expenditure needs compared to older vintage stock. Site features include five off-street parking spaces, private patios that boost livability and rentability, and layouts that appeal to a broad tenant base, from singles and couples to small households. Proximity to Fubonn Shopping Center, the Jade District, So Kong Dong Korean BBQ, Tik Tok Restaurant & Bar, Starbucks, local cafes, Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park further supports strong, stable demand. Rental income is estimated based on local comps; buyer to perform due diligence to verify financials, rent projections, and any future assumptions. With full site control, no HOA complications, and middle housing of this scale increasingly rare under current zoning, this is a turnkey, low-maintenance multifamily asset in a high-demand SE Portland location.
Presented by:
Darryl Bodle II
Brokered by:
Keller Williams Realty Portland Premiere
Broker Location
,
Monthly Cost Calculator
$ 38,392 / Month
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Property History
Date
2025-12-10
Event
Price Changed
Price
$5983900
Price/Sq Ft
14395
Source
RMLS
Date
2025-10-07
Event
Price Changed
Price
$5838900
Price/Sq Ft
14395
Source
RMLS
Date
2025-10-02
Event
Listed
Price
$6298900
Price/Sq Ft
14395
Source
RMLS
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