4534 S Water Ave, Portland, OR 97239

Discover comfortable living in this spacious 2-bedroom, 1.5-bath townhome located in Portland’s desirable **South Waterfront** area. The home offers an inviting... open floor plan, large windows providing natural light, and updated finishes throughout. The kitchen features modern cabinetry, full-size appliances, and ample counter space—perfect for everyday cooking or entertaining.

Enjoy two well-sized bedrooms upstairs, each with generous closet space, plus a full bathroom with contemporary fixtures. A half bath on the main floor adds convenience for guests.

Additional highlights include in-unit laundry, dedicated parking, and a private outdoor area. The property’s location provides quick access to downtown Portland, OHSU, parks, local dining, and public transportation.

Key Features:

2 Bedrooms / 1.5 Bathrooms
Washer & Dryer Included
Off-Street Parking
Private Patio / Outdoor Space
Close to OHSU, Downtown, and the South Waterfront District
Easy access to I-5 and local transit

12 month lease - lease only (not managing).
Rent: $1750/m
Utilities: Tenant responsible for all, LL pays trash
Pets: Cats, ok, dogs small only.
No smoking

Due at Move In:
- One full month of monthly charges such as rent, pet rent, flat rate utility charge, etc. (2nd Month Is Prorated)
- Security Deposit (50% - 150% Of Rent Value)


VIEW AND APPLY:

Schedule a showing by visiting,

There is an application fee for each individual applicant.

Our screening criteria is located here -

We will begin accepting applications 3 days after posting.


Pets and ESA are screened separately through All tenants, whether they have a pet or not, need to complete the screening. It is at no cost to the tenants without pets or ones with ESAs.

Photos and square footage are representative of the property and/or similar units, but may not be for the exact unit available. Read More