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 spaceperfect 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:
There is an application fee for each individual applicant.
We will begin accepting applications 3 days after posting.
Pets and ESA are screened separately through Bluestonemgt. 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.
Apartment for rent
$1,750/mo
4534 S Water Ave #B, Portland, OR 97239
2beds
1,000sqft
Price may not include required fees and charges.
Apartment
Available now
-- Pets
-- A/C
-- Laundry
-- Parking
-- Heating
What's special
Contemporary fixturesModern cabinetryInviting open floor planDedicated parkingOff-street parkingGenerous closet spaceFull-size appliances
- 3 days |
- -- |
- -- |
The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
Travel times
Zillow can help you save for your dream home
With a 6% savings match, a first-time homebuyer savings account is designed to help you reach your down payment goals faster.
Offer exclusive to Foyer+; Terms apply. Details on landing page.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Details: Contact manager
Features
- Exterior features: Garbage not included in rent, Utilities fee required
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Community & HOA
Location
- Region: Portland
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Listed for rent | $1,750$2/sqft |
Source: Zillow Rentals | ||

