Home / Portland / L0533 - A - Reed Place Condos
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Updated 1 hour ago

L0533 - A - Reed Place Condos

VERIFIED

5012 SE 38th Ave Portland, OR

2 Bed
1 Bath

850 Sq. Ft.

Available Now
2 Beds • 1 Bath
$1,995
850 ft2
1 Available
Managed By: Greenbridge Properties
Unit 5016
$1,995
Available Now
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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
High-speed Internet
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $0
Property details
Description

1 MONTH FREE RENT! BRAND NEW 2BD/1.5B High-End Townhouse - Luxury Living in the Heart of Reed Neighborhood! - 1 MONTH FREE RENT!

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 with popular restaurants like Pok Pok and treat yourself to artisanal coffee at local favorites like Stumptown Coffee Roasters. 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.

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.

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.
- 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

To meet lease criteria, All Greenbridge Properties residents are invited to enroll in the Resident Benefits Package (RBP) that includes Credit Building, Rewards, & liability insurance for $25.95/month. To get the most out of the RBP residents can opt into our premium RBP package for $39.95/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program and much more! More details upon application.

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.
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.

Additional Details
Total Unit Count: 4
Last Updated: Updated 1 hour ago
Contact Number: (971) 293-4809 ext: 5
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 L0533 - A - Reed Place Condos by bedroom type below.
2 Bedroom
Suggested income:
$71,800
per year
Rent report

L0533 - A - Reed Place Condos Rent vs. Portland Average

 L0533 - A - Reed Place Condos      Portland Average
2BR
$1,995
$1,928
$0
$650
$1,300
$1,950
$2,600

L0533 - A - Reed Place Condos is asking 3% more than the average 2 bedroom apartment in Portland.

If you upsized to an average priced Portland 3 bedroom apartment, you would pay 27% more per month.

If you downsized to an average priced Portland 1 bedroom apartment, you would pay 25% less per month.

L0533 - A - Reed Place Condos provides 10% less square footage than the average Portland 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
L0533 - A - Reed Place Condos
2BR $1,995 $2.30 $5,985
Portland Average
Studio $1,227 $3.10 $3,680
1BR $1,545 $2.50 $4,635
2BR $1,928 $2.00 $5,784
3BR $2,630 $1.70 $7,889
4BR $3,508 $1.50 $10,524

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 1,856 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% 37% 28% 8% 2%
Available Units in Portland
Studio 1,206
1BR 1,856
2BR 1,435
3BR 395
4BR 120
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Providence Milwaukie Hospital 2.57 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 2.1 mi.
Scott Volunteer Fire Department, Inc. 2.16 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 850 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?
L0533 - A - Reed Place Condos has a 2 bedroom unit starting at $1,995.
Where is this property located?
This property is at 5012 SE 38th Ave in Portland, OR. It's 3.6 miles southeast from the center of Portland.
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