Powellhurst-Gilbert Real Estate

Welcome to Powellhurst-Gilbert, a vibrant and welcoming subdivision nestled in the heart of Portland, Oregon. This charming community, located in Multnomah County, is known for its diverse neighborhoods, rich history, and a strong sense of community spirit.

Powellhurst-Gilbert offers an array of amenities and conveniences that make it an ideal place to call home. With its tree-lined streets and well-maintained parks, residents enjoy easy access to outdoor recreational activities, including walking trails, playgrounds, and picnic areas. The nearby Powell Butte Nature Park provides a stunning backdrop for hiking, biking, and birdwatching, making it a favorite spot for nature enthusiasts.

The subdivision is also home to a variety of shops, restaurants, and local businesses, ensuring that everything you need is just a stone's throw away. From cozy cafes to family-owned eateries, Powellhurst-Gilbert boasts a culinary scene that reflects the rich cultural tapestry of Portland. Additionally, with excellent schools and community centers, families find a supportive environment that fosters growth and connection.

Transportation is a breeze in Powellhurst-Gilbert, with easy access to major highways and public transit options, making commuting to downtown Portland or surrounding areas convenient.

Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Powellhurst-Gilbert offers a unique blend of suburban tranquility and urban accessibility. Discover the charm and community spirit of Powellhurst-Gilbert—your new home awaits!

Newest Listings in Powellhurst-Gilbert

$5,499,900

543081098 MLS

Rare opportunity to acquire a fully completed 15 unit cottage cluster at 3246 SE 115th Ave in Portland’s Powellhurst Gilbert neighborhood, purpose built for long term rental performance. Built by a multi year Street of Dreams builder and Builder of the Year award winner by the Home Building Association, this detached home community offers immediate income potential, low ongoing maintenance, and strong appreciation fundamentals, making it a compelling addition to any portfolio. The unit mix includes 2 bedroom, 2.1 bathroom and 3 bedroom, 2.1 bathroom homes ranging from 894 to 970 sqft. Each home is individually metered with no shared walls, enhancing tenant privacy and allowing clean utility pass throughs. Energy efficient mini splits provide heating and cooling in every unit, helping control operating costs while supporting tenant comfort and retention. Modern construction and systems help reduce near term capital expenditure needs compared to older vintage multifamily assets. Site features include five off street parking spaces, private patios, and layouts designed for strong rental appeal. Proximity to Fubonn Shopping Center, the Jade District, So Kong Dong Korean BBQ, Tik Tok Restaurant & Bar, Starbucks, local cafés, Raymond Park, Gilbert Heights Park, and Powell Butte Nature Park further supports strong and stable rental demand. 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.

3246 SE 115th AVE, Portland

Start Your Search

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.