3246 SE 115th AVE, Portland, OR 97266

This fully completed 15-unit cottage cluster is designed as a detached home community, with each residence set up for tenant privacy through no shared walls. The unit mix includes 2 bedroom, 2.1 bathroom and 3 bedroom, 2.1 bathroom homes, with sizes ranging from 894 to 970 square feet. Each home is individually metered, and the property includes energy-efficient mini splits to provide heating and cooling within every unit. The site is configured with private patios and five off-street parking spaces, supporting everyday convenience for tenants. Construction and systems are positioned for reduced near-term capital needs compared to older vintage multifamily, and the property is described as having full site control with no HOA complications.

Located in Portland’s Powellhurst Gilbert neighborhood at 3246 SE 115th Ave, the property is presented as being near multiple retail and dining options, including Fubonn Shopping Center, the Jade District, So Kong Dong Korean BBQ, Tik Tok Restaurant & Bar, and Starbucks. Additional nearby recreation is referenced, including Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park.

For prospective tenants and operators, the detached layout and individual metering are practical for reducing common-area dependency while allowing clean utility pass-throughs. The in-unit climate control provided by mini splits is aimed at day-to-day comfort and straightforward operations across the full unit mix, making the property a turnkey option for long-term rental management.