Nearby rentals
Property management
Pet Friendly
LongStreet Property Management. Email: leasing@longstreetpm.com Call: 503-436-3300
Hardwood floors, quartz countertops, a balcony, walk-in closet, off-street parking, and in-unit laundry create a well-rounded set of features, with utilities included and high-speed internet adding everyday convenience. Nearby coworking spaces, natural light from large windows, and pet-related amenities support work-from-home and pet-friendly living, while the many photos, strong value-for-money standing, and close elementary school add to the appeal.
Things you’ll love
Less expensiveElementary school nearbyFireplaceGreat for
Pet owners
Work-from-homeFeatures
| Air Conditioning | Balcony |
| Deck | Fireplace |
| Hardwood Floor | Utilities Included |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Storage |
Services
| On-Site Management |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Apartments in PortlandCorbet - Terwilliger - Lair Hill 3922 S Water Ave, Portland, OR 97239, USAJust 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. --- Beds/Baths: 4 Bedrooms, 3 Bathrooms Sqft: 2,400 Rent: $4,195.00 Security Deposit: $4,195.00 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 --- 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: **** 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, natur..
How 3922 S Water Ave compares to other nearby properties.
Positives
Considerations
| Neighborhood | Corbet - Terwilliger - Lair Hill |
|---|---|
| Zip code | 97239 |
| Type | Condo for rent |
| Month | Median Rent |
|---|---|
| September 2024 | $1,235 |
| October 2024 | $1,219 |
| November 2024 | $1,202 |
| December 2024 | $1,199 |
| January 2025 | $1,193 |
| February 2025 | $1,193 |
| March 2025 | $1,180 |
| April 2025 | $1,178 |
| May 2025 | $1,178 |
| June 2025 | $1,175 |
| July 2025 | $1,174 |
| August 2025 | $1,196 |
| September 2025 | $1,185 |
| October 2025 | $1,150 |
| November 2025 | $1,173 |
| December 2025 | $1,163 |
| January 2026 | $1,147 |
| February 2026 | $1,152 |
| March 2026 | $1,195 |
| April 2026 | $1,185 |
| May 2026 | $1,187 |
| June 2026 | $1,180 |
| July 2026 | $1,195 |
| August 2026 | $1,182 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,214 |
| October 2024 | $1,179 |
| November 2024 | $1,114 |
| December 2024 | $1,099 |
| January 2025 | $1,155 |
| February 2025 | $1,177 |
| March 2025 | $1,165 |
| April 2025 | $1,201 |
| May 2025 | $1,191 |
| June 2025 | $1,168 |
| July 2025 | $1,195 |
| August 2025 | $1,316 |
| September 2025 | $1,243 |
| October 2025 | $1,143 |
| November 2025 | $1,220 |
| December 2025 | $1,287 |
| January 2026 | $1,262 |
| February 2026 | $1,276 |
| March 2026 | $1,289 |
| April 2026 | $1,266 |
| May 2026 | $1,196 |
| June 2026 | $1,195 |
| July 2026 | $1,247 |
| August 2026 | $1,199 |
Can I afford to live at 3922 S Water Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$167,800/yr
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