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Updated 2 hours ago

2 Bed 2 Bath Riverplace Waterfront Condo!


205 SW Montgomery St Portland, OR

2 Bed
•
2 Bath

1,143 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,795
783 ft2
0 Available
Managed By: Portland Rental Properties
205 SW Montgomery St. #402
$1,795
Rented
View
1 Bed • 1 Bath
$1,750
790 ft2
0 Available
Managed By: Pearl Property Management
RPC205-202
$1,750
Rented
View
2 Beds • 2 Bath
$2,600
1143 ft2
1 Available
Managed By: Utopia Management Inc.
-
$2,600
Available Now
View
Where you'll live
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Property details
Description

Welcome to RiverPlace, one of Portland's most desirable waterfront communities! This beautifully maintained 2-bedroom, 2-bath garden-level condo offers a peaceful courtyard setting while placing you just steps from the best of downtown living.
Enjoy easy access to waterfront walking paths, restaurants, shops, hotels, the marina, and the Portland Streetcar. Residents also have access to two rooftop decks with stunning city and river views.
Inside, you'll find a thoughtfully designed kitchen with an eating bar, a cozy wood-burning fireplace, and the convenience of an in-unit washer and dryer. The spacious layout is move-in ready and ideal for both everyday living and entertaining.
The home includes two deeded parking spaces and a private storage unit—rare amenities in the heart of downtown. Furnishings are also available for purchase.
Don't miss this opportunity to enjoy waterfront living in a quiet, park-like setting while remaining connected to everything Portland has to offer!
Terms: 12-Month Lease
County: Multnomah
Parking: $97/per month for 2 parking spots through HOA ($48.50/per month for 1 spot)
Vehicle Restrictions: Max 2 Vehicles (no RVs, boats, or trailers)
Pets: No pets allowed
Special terms: Proof of renter's insurance is required prior to start of and throughout tenancy. Strict no smoking or vaping policy applies to this property. Waterbeds, hot tubs, trampolines, and aquariums are strictly prohibited.
HOA: RiverPlace Condominium
Utilities Included in Rent: Water, sewer, garbage
Utilities Paid by Tenant: Electric, cable/internet
Appliances: Range, Refrigerator, Dishwasher, Microwave, Washer & Dryer
CITY OF PORTLAND REQUIRED INFO:
*This home is not Type A
*To find all the required documents regarding the application process as per required by the City of Portland, please visit https://beta.portland.gov/phb/rental-services
Per City of Portland requirements: APPLICATIONS WILL BE AVAILABLE ONLINE AND WE WILL BEGIN PROCESSING THE FIRST COMPLETE APPLICATIONS AT 12PM ON June 3rd, 2026. Applications received/submitted before then will have an automatic and mandatory 8 hour waiting period/delay.
HOW TO APPLY: We screen applicants on a first-come, first-serve basis. We ask that all potential tenants see the property before applying. ** Rent must begin within 14 days after approval **
To schedule tour email pdxleasing@utopiamanagement.com or call 503-914-1111
THIS PROPERTY IS MANAGED BY:
Utopia Management, Inc.
Prices can change regularly at the discretion of landlord. Please contact our office for the most up to date pricing. All information deemed reliable but not guaranteed

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (503) 914-1111
Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 2 Bed 2 Bath Riverplace Waterfront Condo! by bedroom type below.
2 Bedroom
Suggested income:
$93,600
per year
Rent report

2 Bed 2 Bath Riverplace Waterfront Condo! Rent vs. Portland Average

 2 Bed 2 Bath Riverplace Waterfront Condo!      Portland Average
2BR
$2,600
$1,895
$0
$850
$1,700
$2,550
$3,400

2 Bed 2 Bath Riverplace Waterfront Condo! is asking 37% more than the average 2 bedroom apartment in Portland.

If you upsized to an average priced Portland 3 bedroom apartment, you would pay 24% more per month.

If you downsized to an average priced Portland 1 bedroom apartment, you would pay 27% less per month.

2 Bed 2 Bath Riverplace Waterfront Condo! provides 27% more square footage than the average Portland 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
2 Bed 2 Bath Riverplace Waterfront Condo!
2BR $2,600 $2.30 $7,800
Portland Average
Studio $1,208 $2.90 $3,623
1BR $1,492 $2.40 $4,475
2BR $1,895 $2.10 $5,686
3BR $2,479 $1.90 $7,437
4BR $4,178 $1.80 $12,533

Availability in Portland

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,700 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
25% 37% 30% 6% 1%
Available Units in Portland
Studio 1,154
1BR 1,700
2BR 1,375
3BR 282
4BR 65
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Shri NER S Hospital For Children Portland 0.78 mi.
Ohsu Hospital And Clinics 0.94 mi.
Ohsu Transplant Hospital 0.95 mi.
Nearby Fire Stations
Name Distance
Portland Fire & Rescue 0.87 mi.
Hillsdale Fire Protection District 2.65 mi.
Vermont Fire Protection District 3.47 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,143 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
2 Bed 2 Bath Riverplace Waterfront Condo! has a 2 bedroom unit starting at $2,600.
Where is this property located?
This property is at 205 SW Montgomery St in Portland, OR. It's 0.9 miles south from the center of Portland.
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