97266 Real Estate Search

97266 Homes between $5,000,000 and $6,000,000 for Sale

In the 97266 area, the real estate market features a selection of luxurious homes that embody sophistication and style. These properties are characterized by their spacious layouts, exquisite architectural designs, and high-end finishes, appealing to discerning buyers seeking a blend of comfort and elegance. Many of these residences boast expansive outdoor spaces, ideal for entertaining and enjoying the picturesque surroundings. The neighborhood is also known for its vibrant community, proximity to amenities, and access to beautiful parks, making it an attractive location for families and professionals alike. With a focus on quality living, the homes in this price range often come equipped with state-of-the-art appliances, modern technology, and exclusive features that enhance overall lifestyle. Whether you’re looking for a tranquil retreat or a sophisticated urban dwelling, the 97266 real estate market offers a variety of exceptional options to consider.

Our website features the best real estate search for homes between $5,000,000 and $6,000,000 available in 97266 and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the 97266 real estate market? Sign up for a  97266 Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest 97266 Homes between $5,000,000 and $6,000,000 for Sale

$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.