A rare opportunity to call Portland's beloved Historic Ladd's Addition neighborhood home! Situated among beautiful tree-lined streets, historic architecture, and the neighborhood's iconic rose gardens, this charming single-family residence offers an exceptional combination of historic neighborhood character, modern upgrades, generous storage, and private outdoor living. Rental opportunities in Ladd's Addition can be hard to come by, especially homes offering this combination of space, amenities, and privacy. Enjoy the convenience of walking to some of Portland's favorite restaurants, coffee shops, breweries, parks, and local businesses along nearby Division Street and Hawthorne Boulevard, while coming home to the peaceful atmosphere of an established residential neighborhood. Home Features & Highlights 3 bedrooms, 1.5 bathrooms, plus a second permitted full-size shower Approximately 2,000 square feet of living space New central heating and air conditioning system installed in 2023 Fully updated kitchen featuring stainless steel appliances, custom wood cabinetry, and new countertops Spacious laundry room with full-size washer, dryer, and beautifully subway-tiled full-size shower Upstairs full bathroom featuring a double vanity, full-size shower, and toilet Convenient downstairs half bathroom with sink and toilet Beautifully updated, fully fenced private backyard with low-maintenance turf and drought-tolerant landscaping Two covered outdoor balconies, including an upstairs balcony with filtered views Charming covered front-entry balcony featuring a custom wooden swing Approximately 700 square feet of attic storage, accessible from the second floor Spacious basement storage with its own separate exterior entrance Approximately 1,500 square feet of combined attic and basement storage space, with a small designated basement section reserved for the ADU Pet-friendly, allowing up to two pets with prior landlord approval Landlord-provided routine landscaping maintenance Ample public street parking along Holly Street and Poplar Street Beautiful Private Outdoor Living One of the home's standout features is its beautifully updated, fully fenced backyard, thoughtfully designed for relaxation, entertaining, and easy maintenance. Featuring attractive turf and drought-tolerant landscaping, the backyard offers a comfortable outdoor retreat without the demands of extensive yard maintenance. The home also features two charming covered balconies. Enjoy your morning coffee from the upstairs balcony with filtered neighborhood views, or relax on the custom wooden swing beneath the covered front entrance. Both the designated front yard and fenced backyard are reserved exclusively for the main residence, providing privacy and separation from the detached ADU. Exceptional Storage Space Storage is another significant advantage of this home. In addition to approximately 2,000 square feet of living space, the property offers approximately 700 square feet of attic storage accessible from the second floor, along with a spacious basement featuring its own exterior entrance. Together, these areas provide approximately 1,500 square feet of additional storage space, ideal for seasonal belongings, recreational equipment, bicycles, and household items. A small, designated portion of the basement is reserved for storage by the detached ADU occupants. The attic and basement storage areas are not included in the home's advertised living square footage. Historic Ladd's Addition A Truly Special Neighborhood Ladd's Addition is one of Portland's most distinctive and beloved historic neighborhoods, celebrated for its beautiful tree-lined streets, unique diagonal street layout, historic homes, and picturesque rose gardens. The neighborhood offers a charming residential atmosphere with exceptional proximity to the restaurants, cafes, shopping, and entertainment of Southeast Portland. Enjoy leisurely neighborhood walks, nearby parks, and convenient access to Division Street, Hawthorne Boulevard, and the surrounding community. Homes offering this combination of location, character, privacy, and modern conveniences represent a special rental opportunity in Ladd's Addition. Separate ADU & Property Privacy The property includes a detached Accessory Dwelling Unit (ADU), which is independently rented on a long-term basis. The ADU features its own separate entrance, alleyway access, designated outdoor area, and separate mailbox. The main residence enjoys exclusive use of its designated front yard and fully fenced backyard. The ADU has a designated side access pathway and a small reserved basement storage area. These arrangements provide clearly defined spaces for each household. Rental Information Monthly Rent: $4,200 Refundable Security Deposit: $2,500 Pets: Up to two pets permitted with prior written landlord approval Utilities: Tenant responsible for gas, electricity, and two-thirds of water and garbage service charges Landscaping: Routine light landscaping maintenance provided by landlord Smoking: No smoking or vaping inside the residence Parking: Ample public street parking along Holly Street and Poplar Street Experience the charm of Historic Ladd's Addition with the comfort of modern amenities, exceptional storage, and beautifully maintained private outdoor spaces. Opportunities to rent a home with this combination of features in Ladd's Addition don't come along every day. We look forward to welcoming you! Security Deposit A refundable security deposit of $2,500 is due upon signing the lease agreement. The security deposit is separate from monthly rent and will be held, administered, and returned in accordance with applicable Oregon and Portland landlord-tenant laws. The deposit may be applied toward lawful deductions, including damage beyond ordinary wear and tear. Utilities The tenant is responsible for gas and electricity service associated with the main residence. Water and garbage services are shared between the main residence and the detached Accessory Dwelling Unit (ADU). The tenant is responsible for two-thirds (2/3) of the water and garbage charges, with the remaining one-third (1/3) allocated to the ADU. Shared utility charges will be calculated using actual billing statements. Copies of the statements will be made available for transparency, and reimbursement will be due within fifteen (15) days of receiving the billing statement, subject to applicable law. Pet Policy Up to two (2) pets are welcome, subject to prior written approval from the landlord. All pets must be disclosed and approved before residing at the property. Any additional or replacement pets also require prior written approval. Tenants are responsible for cleaning up after their pets, minimizing disturbances, and covering the cost of any pet-related damage beyond ordinary wear and tear. Assistance animals will be accommodated in accordance with applicable fair housing laws and are not subject to ordinary pet restrictions. Basement and Storage The property includes a spacious basement with a separate exterior entrance along the side of the residence. The majority of the basement is designated for storage by the main residence's tenants. A small, clearly designated portion is reserved for storage by occupants of the detached ADU. Each household is expected to respect the designated storage areas and personal belongings of the other household. Basement access is limited to the designated storage areas and any necessary access for maintenance, repairs, or utilities, as permitted by law. The basement is intended for storage purposes and is not approved for use as additional sleeping quarters or living space. Private Outdoor Spaces The main residence includes exclusive use of its designated front yard and private, fenced backyard. These outdoor spaces are reserved for the enjoyment of the main residence's tenants and are separate from the detached ADU. The ADU has its own designated side access pathway. ADU occupants do not have general use of the main residence's private front yard or fenced backyard. Landlord access for necessary landscaping, maintenance, inspections, or repairs will be handled in accordance with applicable notice and access requirements. Landscaping and Yard Maintenance The landlord is responsible for routine light landscaping and general landscape upkeep. The property features low-maintenance, drought-tolerant landscaping and a turfed backyard, requiring minimal ongoing maintenance. Tenants are expected to maintain the outdoor areas in a reasonably clean and orderly condition, including promptly removing pet waste, disposing of personal debris, and taking reasonable care to avoid damage to the landscaping and turf. Smoke-Free Residence To maintain a clean, comfortable, and welcoming environment, smoking and vaping are prohibited inside the residence and basement. All residents and guests are expected to respect this policy. General Property Considerations The main residence and detached ADU are separate households, each with designated private spaces. Residents are expected to respect each other's privacy, designated areas, and peaceful enjoyment of their respective homes. The landlord is committed to maintaining the property in good condition and addressing maintenance needs in a timely and reasonable manner. Tenants are encouraged to communicate any maintenance concerns promptly so they can be addressed appropriately. The property is currently furnished but upon signage of new lease agreement, all furniture will be removed.
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