Powellhurst-Gilbert Real Estate

Welcome to Powellhurst-Gilbert, a vibrant and welcoming subdivision nestled in the heart of Portland, Oregon. Situated in Multnomah County, this charming community offers an ideal blend of suburban tranquility and urban convenience. With its tree-lined streets, diverse neighborhoods, and an array of amenities, Powellhurst-Gilbert is a hidden gem that appeals to families, professionals, and retirees alike.

One of the standout features of Powellhurst-Gilbert is its strong sense of community. Residents enjoy a friendly atmosphere, with local events and gatherings fostering connections among neighbors. The area is home to several parks, including the expansive Powell Butte Nature Park, which offers stunning views, hiking trails, and opportunities for outdoor recreation. Families will appreciate the nearby schools, which are known for their dedicated staff and supportive environments.

Shopping and dining options abound in Powellhurst-Gilbert, ensuring residents have everything they need within reach. From cozy cafes to family-owned restaurants, there’s something to satisfy every palate. Additionally, the subdivision is conveniently located near major transportation routes, making it easy to access downtown Portland and beyond.

With its rich cultural diversity and strong community spirit, Powellhurst-Gilbert is more than just a place to live; it’s a place to thrive. Whether you’re looking to buy your first home, downsize, or invest in a rental property, this subdivision offers a variety of housing options to suit your needs. Discover the charm of Powellhurst-Gilbert and make it your new home today!

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

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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.