5+ Days Ago
Highlights
Pet Friendly
Location
12446 Se Water Drop Way, Happy Valley, OR 97086, USA|Rock Creek
Tour 12446 Se Water Drop Way
Contact
Kerr Properties, Inc.
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Property Overview
Offering vaulted ceilings that enhance spaciousness and a walk-in closet for added storage, this residence presents an appealing layout. Great for those seeking a blend of comfort and style, it is conveniently located near local amenities and recreational opportunities. The combination of features and location contributes to its overall attractiveness in the Happy Valley area.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Fireplace- Images available
- Laundry available on site
Great for
Pet owners
Amenities for 12446 Se Water Drop Way, Rock Creek
Apartment Amenities
| Air Conditioning | Attached Garage |
| Breakfast Bar | Carpet |
| Deck | Fireplace |
| High Ceilings | Private Patio |
| Vaulted Ceiling | Walk-in Closet |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Refrigerator | Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 12446 Se Water Drop Way
DISCLAIMER: WE DO NOT ADVERTISE OUR LISTINGS ON OR FACEBOOK MARKETPLACE; IF YOU SEE ONE OF OUR LISTINGS ON THOSE SITES PLEASE FLAG IT AS A FALSE AD. COMMUNICATION ABOUT OUR VACANCIES ARE DONE THROUGH SHOWMOJO VIA TEXT OR EMAIL. SHOWMOJO WILL COMMUNICATE ABOUT OUR VACANCIES AFTER BUSINESS HOURS, ON WEEKENDS AND HOLIDAYS. BUSINESS HOURS ARE MONDAYS FROM 9:30 AM UNTIL 5:00 PM AND TUESDAYS THROUGH THURSDAYS FROM 9:00 AM UNTIL 5:00 PM AND FRIDAYS FROM 9:00 AM UNTIL 1:00 PM (1:00 PM UNTIL 5:00 PM BY APPOINTMENT ONLY). FREE RENT! FIRST FULL MONTH'S RENT FREE! Don't miss out on this newer and gorgeous Happy Valley home! Features include a great room on the main floor with an electric fireplace, breakfast bar and LVP flooring along with an open kitchen with LVP flooring, composite granite countertops, pantry, island and stainless steel appliances including a side by side fridge with water dispenser and ice maker, five burner gas range, microhood, dishwasher and disposal. Gas heat and gas water heater. There is also a half bathroom with LVP flooring on the main floor. All three bedrooms are on the top floor, the primary and secondary bedrooms are carpeted and the third bedroom has LVP flooring. The primary bedroom has vaulted ceilings and a walk-in closet. The primary bathroom has LVT flooring, quartz countertops and dual vanities plus the main guest bathroom has LVT flooring and quartz countertops. There is also a laundry room with LVP flooring, washing machine and clothes dryer located on the top floor. Other features include an attached single car garage with door opener, wall mounted heat - A/C split on the main level, heat - A/C combo on the top floor, tankless water heater, covered front porch and a patio in the fully fenced backyard. You also have access to HOA amenities such as pool, parks and a clubhouse. NO SMOKING ON PREMISES! ADDITIONAL SECURITY DEPOSIT: $500.00 per pet. Pet rent: $55.00 a month per pet. TENANTS WILL BE CHARGED MONTHLY FOR GARBAGE, COST DEPENDS ON THE LEVEL OF SERVICE REQUESTED. TENANTS WILL BE CHARGED $70.30 MONTHLY FOR SEWER. APPLICATION FEE'S WILL BE REIMBURSED IF APPROVED. Close to bus line, schools, parks, shopping and eateries. PET POLICY: Maximum of two pets. Dog and / or cat has to be at least one year old, spayed / neutered and weigh fifty pounds or less. LEASE TERM: 18 MONTHS Schools: Scouters Mountain Elementary, Happy Valley Middle, Adrienne C Nelson High Renter's Insurance is Required: $100,000 in liability. Walk Score: 22 - Car-Dependent Transit Score: N/A Bike Score: 32 - Somewhat Bikeable Directions: From SE Sunnyside Rd. turn North onto SE 162nd Ave. go to SE Pleasant Valley Pkwy and turn East then go to SE Majestic Falls Ave. and turn South then turn East onto SE Sunshower Pl. then South onto SE Water Drop Wy. Dwelling unit does not qualify as a ""Type A Unit"" (accessible unit) per Oregon structural building code. NOTE: Application is NOT considered complete until receipt of screening charge per financially responsible person over 18 years of age as well as no missing info on the application. Contact Kerr Properties, Inc. for details. Terms and conditions apply. Applications are processed first come, first serve. Tenants will automatically be enrolled in the furnace filter delivery program upon move-in for $10.00 a month if applicable unless proper notification is provided to Kerr Properties, Inc. within three business days from application approval. Information deemed reliable but not..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 12446 Se Water Drop Way, Happy Valley, OR 97086, USA compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Rock Creek |
|---|---|
| Zip code | 97086 |
| Type | House for rent |
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Rent trends in Rock Creek
3-bedroom apartments at 12446 Se Water Drop Way cost about 4% more than the average rent price for 3-bedroom apartments in Happy Valley.
Median rents as of Oct 18 2025.
Rock Creek
Happy Valley
| Month | Median Rent |
|---|---|
| November 2023 | $2,648 |
| December 2023 | $2,564 |
| January 2024 | $2,499 |
| February 2024 | $2,547 |
| March 2024 | $2,499 |
| April 2024 | $2,636 |
| May 2024 | $2,698 |
| June 2024 | $2,838 |
| July 2024 | $2,749 |
| August 2024 | $2,636 |
| September 2024 | $2,612 |
| October 2024 | $2,674 |
| November 2024 | $2,750 |
| December 2024 | $2,828 |
| January 2025 | $2,608 |
| February 2025 | $2,595 |
| March 2025 | $2,614 |
| April 2025 | $2,597 |
| May 2025 | $2,689 |
| June 2025 | $2,767 |
| July 2025 | $2,803 |
| August 2025 | $2,823 |
| September 2025 | $2,685 |
| October 2025 | $2,603 |
| Month | Median Rent |
|---|---|
| November 2023 | $2,598 |
| December 2023 | $2,499 |
| January 2024 | $2,499 |
| February 2024 | $2,571 |
| March 2024 | $2,499 |
| April 2024 | $2,651 |
| May 2024 | $2,653 |
| June 2024 | $2,825 |
| July 2024 | $2,785 |
| August 2024 | $2,653 |
| September 2024 | $2,598 |
| October 2024 | $2,618 |
| November 2024 | $2,687 |
| December 2024 | $2,791 |
| January 2025 | $2,582 |
| February 2025 | $2,591 |
| March 2025 | $2,604 |
| April 2025 | $2,509 |
| May 2025 | $2,673 |
| June 2025 | $2,729 |
| July 2025 | $2,790 |
| August 2025 | $2,816 |
| September 2025 | $2,745 |
| October 2025 | $2,735 |
Affordability calculator
Can I afford to live at 12446 Se Water Drop Way?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$111,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $111,800 annually to afford this 3-bedrooms monthly rent price of $2,795.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $2,700 | 3 bed | 2.5 bath | ||
| 1 year ago | $2,895 | 3 bed | 2.5 bath | ||
| 1 year ago | $2,895 | 3 bed | 2.5 bath | ||
| 1 year ago | $2,875 | 3 bed | 2.5 bath | ||
| 3 years ago | $3,100 | 3 bed | 2.5 bath | ||
| 4 years ago | $2,295 | 3 bed | 2 bath | ||
| 4 years ago | $2,350 | 3 bed | 2.5 bath |
Schools near 12446 Se Water Drop Way
Scouters Mountain Elementary School
10811 se 172nd ave
happy valley, OR, 97086
K-5Public
A-
Milwaukie El Puente Elementary School
11250 se 27th ave
milwaukie, OR, 97222
K-5Public
C+
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Internet available near 12446 Se Water Drop Way
Neighborhood
Rock Creek | Happy Valley, OR
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Happy Valley near 12446 Se Water Drop Way
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 12446 Se Water Drop Way, Happy Valley
Groceries
3/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Other units at this address
12446 Se Water Drop Way, Happy Valley, OR
12446 Se Water Drop Way Happy Valley, OR
Occupied
3 Beds, 2.5 Baths
3 Beds
2.5 Baths
$2,350
On-Site Laundry • In-Unit Laundry • Walk-In Closets • Fireplace
Occupied
3 Beds, 2.5 Baths
3 Beds
2.5 Baths
$2,650
Occupied
12446
3 Beds
2.5 Baths
$2,875
Hardwood Floor • In-Unit Laundry • Dishwasher • Walk-In Closets • On-Site Laundry • Assigned Parking
Occupied
NOTAPPLICA
3 Beds
2.5 Baths
$3,100
Hardwood Floor • In-Unit Laundry • Dishwasher • Walk-In Closets • On-Site Laundry • Assigned Parking
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