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.
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Beds/Baths: 4 Bedrooms, 3 Bathrooms
Sqft: 2,400
Rent: $5,295
Security Deposit: $5,295
Date Posted: 4/01/2026 5:00 PM
Application Period Opens: 4/04/2026 5:00 PM
Lease Terms: 1 Year

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Utilities & Maintenance:

• Utilities paid by tenant: Water/Sewer, Garbage, Electricity, Gas, Internet/TV
• Utilities paid by owner: N/A
• Landscaping maintained by: Landlord

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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

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Smoking Policy: No Smoking

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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

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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 Fee: $39.95/month (includes insurance) or $29.95/month (if tenant provides insurance)

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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

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3D Tour Link: https://portfolio.zinspector.com/tour/5vGodRxAm1k89XBQ5Op74K0Wb6Yg3pPn?footer=false&header=false

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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