Home / Portland / En0533 - B - Reed Place Condos
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Updated 1 day ago

En0533 - B - Reed Place Condos


5040 SE 38th Ave Portland, OR

2 Bed
1 Bath

850 - 886 Sq. Ft.

Available Now
2 Beds • 1 Bath
$2,195
886 ft2
1 Available
Managed By: Greenbridge Properties
Updated 1 day ago

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Unit 5040
$2,195
Available Now
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View Rented Units
2 Beds • 1 Bath
$1,995 - $2,150
850 ft2
2 Available
Managed By: Greenbridge Properties
Updated 1 day ago

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Unit 5048
$1,995
Available Now
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Unit 5044
$2,150
Available Now
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
69
Somewhat Walkable
Transit Score®
45
Some Transit
Bike Score®
83
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $0.0
Property details
Description

1 Month Free- BRAND NEW 2BD/1.5B End-Unit Townhouse - Luxury Living in the Heart of Reed Neighborhood! - Immerse yourself in the pinnacle of luxury and style within our exquisite brand new 2BD/1.5Bath townhomes. With stunning wood-style flooring downstairs and fully carpeted floors upstairs, the perfect balance of elegance and comfort awaits. Natural light gracefully fills every room, showcasing meticulous craftsmanship. The kitchen features brand new appliances, dishwasher, and built-in microwave ensuring seamless convenience, while the open-concept living and dining areas provide an ideal space for living. Stay cool and comfortable with air conditioning in each room, and retreat to your private outdoor patio for moments of tranquility. Experience contemporary living at its finest in our exceptional townhomes, where luxury and style converge flawlessly.

Indulge in diverse dining experiences in the Woodstock neighborhood and treat yourself to artisanal coffee at local favorites like Stumptown Coffee Roasters and Grand Central Bakery. Explore the charming boutiques and unique shops in the nearby Hawthorne District. Nature enthusiasts can revel in the nearby Mt. Tabor Park, with its scenic trails and breathtaking views. With convenient freeway access, you'll have the freedom to easily explore all that Portland and its surrounding areas have to offer. Discover the perfect combination of urban convenience and recreational opportunities in the vibrant Reed neighborhood.

**Photo of a similar unit in a different building**

Click the "request" or "schedule a tour" button to schedule a showing: Virtual or In-Person.

Up to two pets are allowed with monthly pet rent.

Open Application period date and time specified by the screening company will be listed on the application page. If no time is listed, the unit is in the Open Application period.

Follow this link to view our screening criteria to apply: https://pacificscreening.net/application/4996

TERMS:
- Application Fee: $50 per financially responsible adult(over 18 years old)
- Lease Term: 12 months
- Last month's rent due at the lease signing
- First month's rent is due at least 3 days before move-in
- Pets: At management discretion - Up to two pets per unit. Pet rent will apply.
To see a list of restricted breeds, please visit: https://secureservercdn.net/198.71.233.31/rbt.c3c.myftpupload.com/wp-content/uploads/2020/08/Pet-Policy.pdf
- Electric: Resident Responsibility. Tenant is responsible for setting up the electric account.
- Water/Sewer/Garbage: Billed back based on occupancy and square footage.
- Parking: Street
- Renter's Liability Insurance in the amount of $100,000 required
- No smoking allowed on premises
- Move-in availability: Lease is required to begin within two weeks of application submission.
- Accessible Unit: No
- City of Portland Rental Criteria for Residency Applies: Yes
- Property posted for rent on: 12/19/2023

OPEN APPLICATION PERIOD: This rental home is located in the City of Portland and will not accept applications until the date and time indicated by the screening company. Applications received before the open application period will receive an 8-hour penalty.

Professionally managed by Greenbridge Properties, LLC.
Equal Housing Opportunity
511 SW 10th Ave. #1008 Portland, OR 97205

Avoid a scam! Prospective Greenbridge Tenants will be requested to apply through our secure online application only at Pacific Screening. Do not send your information through direct email unless you've met and confirmed the email address with our agent.

(RLNE8371263)

Additional Details
Account Type: Other
Total Unit Count: 4
Last Updated: Updated 1 day ago
Contact Number: (503) 617-6414
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 940.0 940.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
CenturyLink, Inc. 3.0 0.64
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
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 En0533 - B - Reed Place Condos by bedroom type below.
2 Bedroom
Suggested income:
$76,100
per year
Rent report

En0533 - B - Reed Place Condos Rent vs. Portland Average

 En0533 - B - Reed Place Condos      Portland Average
2BR
$2,113
$1,885
$0
$700
$1,400
$2,100
$2,800

En0533 - B - Reed Place Condos is asking 12% more than the average 2 bedroom apartment in Portland.

If you upsized to an average priced Portland 3 bedroom apartment, you would pay 26% more per month.

If you downsized to an average priced Portland 1 bedroom apartment, you would pay 23% less per month.

En0533 - B - Reed Place Condos provides 6% less square footage than the average Portland 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
En0533 - B - Reed Place Condos
2BR $2,113 $2.50 $6,340
Portland Average
Studio $1,222 $3.00 $3,665
1BR $1,533 $2.50 $4,599
2BR $1,885 $2.10 $5,656
3BR $2,540 $1.80 $7,619
4BR $3,411 $1.50 $10,234

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 1,595 1BR units on the market in Portland. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
24% 38% 30% 6% 1%
Available Units in Portland
Studio 1,017
1BR 1,595
2BR 1,237
3BR 247
4BR 58
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Providence Milwaukie Hospital 2.56 mi.
Providence Portland Medical Center 2.88 mi.
Portland Va Medical Center 3.03 mi.
Nearby Fire Stations
Name Distance
Oregon Fire Department 0.86 mi.
Clackamas County Fire District 1 2.09 mi.
Scott Volunteer Fire Department, Inc. 2.16 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 850 to 886 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,995 to $2,195. En0533 - B - Reed Place Condos has 2 bedroom units available starting at $1,995.
Where is this property located?
This property is at 5040 SE 38th Ave in Portland, OR. It's 3.6 miles southeast from the center of Portland.
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