314 N Ivy St, Portland, OR 97227

OPEN APPLICATION PERIOD:  This home is located in the City of Portland and will begin accepting applications no earlier than 03/15/2026.

PROPERTY INFO: This... beautifully designed 3-bedroom, 3.5-bath townhome offers modern living with thoughtful functionality in one of North Portland’s most vibrant neighborhoods. Energy efficiency is at its best, earning a perfect Home Energy Score of 10 and featuring electric on-demand hot water for added comfort and efficiency—helping ensure year-round comfort and lower utility costs.

The entry level features a bedroom and full bathroom, along with direct access to the attached one-car garage and private patio space—ideal for guests, a home office, or added privacy.

Up one flight of stairs, the main living level showcases a bright open-concept floor plan with a chef’s kitchen that flows seamlessly into the living and dining areas, highlighted by high ceilings and thoughtfully designed built-ins. A convenient half bath completes this level, making it perfect for everyday living and entertaining.

The third floor includes the primary with en-suite bath and walk-in closet, along with a second bedroom with en-suite along with a laundry area for added convenience. Additional features include driveway parking, an attached garage, and a fenced outdoor space for relaxing or entertaining.

NEIGHBORHOOD: Located in the vibrant Eliot neighborhood of inner North Portland, this home sits at the crossroads of two of the city’s most dynamic commercial corridors: North Williams Avenue and North Mississippi Avenue. With a Walk Score of 91 and Bike Score of 92, daily errands, dining, coffee shops, and entertainment are easily accessible on foot or by bike. The neighborhood blends the charm of historic Portland homes with modern townhomes and a thriving community of independent shops, restaurants, art, and local culture.

LEASE TERMS:
- Application Fee: $55 per adult + pet screening fees if applicable
- Lease Term: One year lease
- Security Deposit: Equal to one month’s rent (restrictions apply)
- Housing Style: Townhome
- Utilities Included In The Rent: Garbage/Recycling
- Tenant Paid Utilities: Gas, Electric, Water/Sewer
- Heat: Electric Mini-splits/heat pumps
- Cooling: Mini-splits, AC
- Laundry: Laundry in unit
- Landscaping: Front included (covered by HOA), backyard is tenant. responsibility
- Parking: Attached garage
- Outdoor Living: Private enclosed yard
- Move-in availability: Lease is required to begin within two weeks of application approval
- Smoking Rules: Non-smoking
- Renter's Liability Insurance: $100,000 personal liability policy required
- Relocation Assistance Exemption In Place: No
- HUD Approved Accessible Home: No
- City of Portland Rental Criteria for Residency Applies: Yes

ANIMALS and PETS:
- Pets Permitted: Cats ok, Dogs ok - 2 pets max
- Monthly Pet Rent: $25/pet
- Petscreening: $30/pet. This is a required part of the application process for ALL applicants, including those with pets, service/ESA (no fee), and those with no registered pets (no fee). Please get started by selecting a profile category at this link: Read More