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Pet Friendly

Hardwood Floors

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4938 SW 1st Ave

Portland, OR 97239 - Multnomah County

Townhouse

2 beds

1.5 baths

1,050 sqft

About 4938 SW 1st Ave

Stunning John's Landing townhouse with gorgeous upgrades throughout. Two spacious bedrooms, plus a bonus room with crown molding, high end stainless appliances with washer/dryer included. Gorgeous hardwood floors and fireplace. Outdoor paved back patio area, great for entertaining. Centrally located with easy commute to downtown Portland, Ohsu, South Waterfront and I-5. Pets considered with owner approval and pet rent. Central Heating and Cooling. No smoking/vaping. HOA Rules: Yes. Utilities Included: Garbage. Lease terms: 12 months. Residents responsible for all other utilities and yard maintenance. Renters insurance required for qualifying residents. Application Fee: $50 per rent responsible person 18 and over. Refundable Security Deposit Equal to One Month's Rent. Open Application Period Beginning: 4/17/2025 @ 2pm. Applications Not Accepted Prior To This Time. Disclaimer: Photos may be from a previous listing. All information, regardless of the sources, is to be deemed reliable but should be independently verified and is subject to change. Small Dogs Allowed & Cats Allowed.

RentalSource last checked: July 18, 2025 at 3:32 PM ET

Last updated: June 25, 2025 at 2:16 PM ET

Listed by: SauCo Properties, (971) 205-6419

Property Summary

Property Type:	Townhouse
Rental Fee:	$2,350
Bedrooms:	2 beds
Bathrooms:	1.5 baths

Size:	1,050 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	81463971

Property Amenities

• Balcony/Patio

• Fireplace

• Hardwood Floors

• Pet Friendly

• Waterfront Property

• Washer/Dryer In Unit

Leasing Information

Deposit: $2,350. Lease Term: Please inquire for details.

Additional Details

Townhouse for rent in Portland for $2,350 with 2 beds, 1.5 baths, 1,050 sqft, pet friendly and located at 4938 SW 1st Ave in Portland, OR 97239. The rental price of $2,350 is 43.7% ($715) higher than the average rent of $1,635 for a 2 bedroom townhouse in Portland, OR and 40.0% ($671) higher than the average rent of $1,679 for a 2 bedroom townhouse in Multnomah County. 4938 SW 1st Ave was advertised by SauCo Properties on May 15, 2025 at 11:00 AM ET, last updated on June 25, 2025 at 2:16 PM ET and last checked today at 3:32 PM ET.

Affordability Calculator

Can I afford to live at 4938 SW 1st Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$94,000 /year

With your chosen rent-to-income ratio, an annual income of $94,000 is recommended to comfortably afford this 2-bedroom rental priced at $2,350 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Townhouse for rent

$2,350

Rent Affordability Calculator

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Property managed by:

SauCo Properties
(971) 205-6419

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.