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3246 SE 115th AVE, Portland, OR 97266

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For Sale

$6,298,900

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • New Construction
    Age

Explore this Property

Rare chance to acquire a fully completed 17-unit cottage cluster at 3246 SE 115th Ave in Portland s Powellhurst-Gilbert neighborhood. This detached home community offers immediate income potential, low maintenance, and long-term appreciation ideal for any investor portfolio. Each home is individually metered with no shared walls, providing privacy and strong rental appeal. Heating and cooling are provided by energy-efficient mini-splits, offering year-round comfort for tenants. Modern construction reduces operating costs, and the site includes six off-street parking spaces, private patios, and layouts suited for tenants at all stages of life. The location offers excellent renter convenience with nearby amenities including Fubonn Shopping Center, the Jade District, and restaurants like So Kong Dong Korean BBQ and Tik Tok Restaurant & Bar. Starbucks and local cafés are close by, and outdoor recreation is accessible via Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park. Rental income is estimated based on local comps. Buyer to perform their own due diligence to verify financials and projections. With full site control and no HOA complications, this is a turnkey, low-maintenance asset in a high-demand SE Portland location where middle housing of this scale is increasingly rare under current zoning.
MLS# 543081098

Courtesy Of Keller Williams Realty Portland Premiere

(503) 597-2444

Property Features

  • Age
    New Construction
  • Architecture Style
    Other

Map and Directions

Directions to 3246 SE 115th AVE, Portland, OR 97266

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.