Completed Cottage Cluster in
3246 SE 115th Ave, Portland, OR 97266
MULTI_FAMILY - Portland, OR
Property size:
14,018 SFLot size:
0.90 AcresPrice / SF:
$392/SF- Added:
- Oct 2, 2025
- Days on Market:
- 233
- Last Refresh:
- May 22 at 2:06 am
Property Features for 3246 SE 115th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bedroom 2, Bathroom 6, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bathroom 2, Bedroom 3
- Standard status
- Active
- APN
- New Construction
- Size
- 14,018 SF
- Lot size
- 0.90 Acres
Utilities
- Cooling system
- Heat Pump
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Number of units
- 15
- Roof type
- Composition
Listing agent Darryl Bodle License #199910100 (503) 709-4632
Listing office Keller Williams Realty Portland Premiere 7504 SW Bridgeport Rd, Portland, OR (503) 597-2444
Listing date Oct 2, 2025
MLS# 543081098
Listing URL
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HighLights
- Fully completed 15‑unit cottage cluster, purpose‑built for long‑term rental performance, providing immediate income potential.
- Built by an award‑winning builder, ensuring high‑quality construction and design.
- Individually metered units with no shared walls, enhancing tenant privacy and simplifying utility management.
- Energy‑efficient mini‑splits in every unit for heating and cooling, reducing operating costs and increasing tenant comfort.
- Modern construction (Year Built: 2025) minimizing near‑term capital expenditure needs.
- Prime location in SE Portland's Powellhurst Gilbert neighborhood, close to shopping, dining, parks, and other amenities, supporting strong rental demand.
Overview
This is a completed 15-unit cottage cluster located at 3246 SE 115th Ave in Portland's Powellhurst Gilbert neighborhood, purpose-built for long-term rental performance. Constructed by an award-winning builder, this detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals. The unit mix includes 2-bedroom, 2.1-bathroom and 3-bedroom, 2.1-bathroom homes ranging from 894 to 970 square feet. Each home is individually metered with no shared walls. Energy-efficient mini splits provide heating and cooling in every unit. Site features include five off-street parking spaces and private patios. The property, situated on a 0.9-acre lot, totals 14,018 square feet. 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 supports strong and stable rental demand. This is a turnkey, low-maintenance multifamily asset in a high-demand SE Portland location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.544585
- Latitude
- 45.498365
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 15-unit multifamily property in Portland's Powellhurst Gilbert neighborhood.
Where is this apartment building located?
The property is located at 3246 SE 115th Ave Portland, OR.
What is the asking price?
The asking price for this property is $5,499,900.
What are key features of this property?
This property features: Fully completed 15‑unit cottage cluster, purpose‑built for long‑term rental performance, providing immediate income potential.; Built by an award‑winning builder, ensuring high‑quality construction and design.; Individually metered units with no shared walls, enhancing tenant privacy and simplifying utility management.
