Available now

$3,995/mo

4 beds3 baths2,400 sqft

Condo for rent3922 S Water Ave, Portland, OR, 97239

3922 S Water Ave

Just remodeled, fully updated, Portland duplex with contemporary finishes offers a bright, modern living space. Lower level has two bedrooms with a shared bath, a craft/media/storage room, large laundry space, and a large in-law suite with a large en suite bath and separate entrance. Main level has spacious living and dining rooms, a gas fireplace, a large kitchen with butcher block counters and all new cabinets and appliances, a built in pantry and half-bath. Upper level has a large key hall bonus space, a dedicated office/bonus room, a full bath, and a large master suite with skylights in its en suite bath and walk-in closet. The unit features abundant natural light, hardwood floors, built-in closet organizers, front and back covered porches plus a large deck, individual remote-controlled mini-split heat-A/C units on the main and upper floors, a two-car driveway and city permit residential off-street parking. The in-law suite provides flexible layout options. + $1000 OFF THE FIRST FULL MONTH'S RENT TO APPROVED APPLICANTS WHO APPLY WITHIN 48 HOURS OF TOURING THE HOME --- Beds/Baths: 4 Bedrooms, 3 Bathrooms Sqft: 2,400 Rent: $3,995.00 Security Deposit: $3,995.00 Date Posted: 4/01/2026 5:00 PM Application Period Opens: 4/04/2026 5:00 PM Lease Terms: 1 Year --- Utilities & Maintenance: • Utilities paid by tenant: Water/Sewer, Garbage, Electricity, Gas, Internet/TV • Utilities paid by owner: N/A • Landscaping maintained by: Landlord --- Pet Policy: • Pet Details: Cats & Small Dogs Allowed (2 Max) • Pets allowed with conditional approval after screening • Pet rent: $35–$75/month per pet • Pet deposit: $300 per pet (pending approval) • Create pet profiles at: https://longstreet.petscreening.com • Pet profiles required from ALL applicants for consideration --- Smoking Policy: No Smoking --- Amenities Include: In-Law Suite, Balcony, Central A/C, Basement Storage, Bonus Room, Electric Fireplace, Quartz Countertops, Hardwood Floors, Laundry in Unit, Newly Remodeled, Walk-in Closet, Driveway, Off Street Parking, Natural Light Appliances Included: • Stove, Fridge, Dishwasher, Washer/Dryer, Garbage Disposal --- Fees & Important Info: • Application Fee: $58 per applicant & co-signer over 18 • Not applicable for non-financially responsible applicants in City of Portland • Late fee: $100 • Security deposit due within 24 hours of approval • Lease Termination Fee: Early termination of lease will be charged as a fee equal to 1.5 times the monthly rent OR Actual Damages, to be determined by the landlord. • Liability Insurance: $100K policy required (included in RBP or provided by tenant) • RBP Charge: $39.95/month (includes insurance) or $29.95/month (if tenant provides insurance) --- Additional Notes: • Must take possession within 2 weeks of approval or available date • Unit is NOT an Accessible Dwelling Unit • Group showings may be conducted • Square footage is approximate; info deemed reliable but not guaranteed • Property rented as shown; no upgrades unless in writing + $1000 OFF THE FIRST FULL MONTH'S RENT TO APPROVED APPLICANTS WHO APPLY WITHIN 48 HOURS OF TOURING THE HOME --- 3D Tour Link: https://portfolio.zinspector.com/tour/5vGodRxAm1k89XBQ5Op74K0Wb6Yg3pPn?footer=false&header=false — Schedule a Viewing or Apply Here: https://longstreetpropertymanagement.com/rental-search/](https://longstreetpropertymanagement.com/rental-search/ Questions? Email: [email protected] Screening Criteria: https://longstreetpropertymanagement.com/tenants/screening-criteria/ Amenities: driveway, balcony, electric fireplace, hardwood floors, basement storage, off street parking, quartz countertops, central a/c, laundry in unit, walk-in closet, bonus room, newly remodeled, natural light, in-law suite

Last updated Apr 2, 2026

Amenities

  • Air conditioning: Other
  • Parking: Other
  • Newly remodeled
  • Washer & dryer: Other

Neighborhood

3922 S Water Ave, Portland, OR, 97239

Policies & fees

Lease length:12 Months

Security deposit:$3,995

Amount refundable:Contact for details

Pets:N/A

Application fee:Contact for details

Screening required:No

Smoking:Not Allowed

Utilities

Contact for details

  • Cable/satellite
  • Electric
  • Garbage
  • Gas
  • HOA fees
  • Internet
  • Water
  • Sewer
  • Renters insurance

Property highlights

  • Spacious 4-bed, 3-bath layout with 2,400 sq ft
  • Smoke-free community

Frequently asked questions

Price and availability subject to change.