4534 S Water Ave
Portland, OR 97239
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Bedrooms
2
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Bathrooms
2
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Square Feet
1,000 sq ft
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Available
Available Now
About This Home
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. 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.
4534 S Water Ave is a house located in Multnomah County and the 97239 ZIP Code. This area is served by the Portland School District 1j attendance zone.
Contact
- Listed by Bluestone Real Estate Services | Bluestone Real Estate Services
- Phone Number
- Contact
South Portland blends the charming homes in the suburbs of Southwest Portland with the trendy storefronts and upscale apartments of Downtown Portland. This area contains the South Waterfront, a growing, multi-use neighborhood with high-rise apartments, an extension of the OHSU campus, and top-notch restaurants. Tourists are familiar with South Portland for being home to the city’s most alluring vista, the OHSU tram. The Ariel Tram starts at river’s edge by the South Waterfront, passes over the neighborhood and Interstate 5 up to the top of Marquam Hill. South Portland offers beautiful views of the Williamette River and easy access to Marquam Nature Park, Portland State University, and downtown.
Learn more about living in South Portland| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 4 min | 1.2 mi | |
| Drive: | 4 min | 1.3 mi | |
| Drive: | 4 min | 1.5 mi | |
| Drive: | 12 min | 5.0 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation options available in Portland include Sw Lowell & Bond, located 0.7 mile from 4534 S Water Ave. 4534 S Water Ave is near Portland International, located 14.5 miles or 25 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
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|
Walk: | 13 min | 0.7 mi |
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|
Walk: | 15 min | 0.8 mi |
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|
Drive: | 3 min | 1.1 mi |
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|
Drive: | 4 min | 1.3 mi |
| Drive: | 4 min | 1.5 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 9 min | 3.4 mi |
|
|
Drive: | 16 min | 8.5 mi |
|
|
Drive: | 16 min | 9.0 mi |
|
|
Drive: | 17 min | 9.7 mi |
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Drive: | 17 min | 11.2 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
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Portland International
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Drive: | 25 min | 14.5 mi |
Time and distance from 4534 S Water Ave.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 17 min | 0.9 mi | |
| Drive: | 4 min | 1.4 mi | |
| Drive: | 3 min | 1.4 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
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Lair Hill Park
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Walk: | 17 min | 0.9 mi |
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Marquam Nature Park
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Drive: | 6 min | 1.6 mi |
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George Himes Park
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Drive: | 4 min | 1.6 mi |
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OMSI
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Drive: | 8 min | 2.7 mi |
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Governor's Park
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Drive: | 8 min | 2.7 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 5 min | 1.5 mi | |
| Drive: | 5 min | 1.5 mi | |
| Drive: | 9 min | 3.6 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 22 min | 11.5 mi | |
| Drive: | 46 min | 26.8 mi |
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources