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    Townhouse for rent
  • Accepts Zillow applications
    $2,400/moFees may apply

    392 SW 121st Pl, # 392, Portland, OR 97225

    2beds
    900sqft

    Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|

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    Townhouse
    Available Tue Sep 1 2026
    No pets
    Air conditioner, central air
    Hookups laundry
    Garage parking
    Central, forced air

    What's special

    Central gas heatCentral ac
    A river runs through it... Okay, well, it's Johnson Creek, but it's yours to enjoy. This is a nature lover's dream come true. We lived here for years before moving to Bend. Every morning I'd walk over to the big window facing the stream to see what critters were out there. There are deer, ducks, nutria, fish, birds, and BEAVERS. It is your private wetlands off the back porch without another house in site. There is an additional fenced viewing deck ground-level right off the creek. To increase your viewing opportunities there is a large sliding glass door off the kitchen and the aforementioned large picture window in the living room. That side of the house faces west. The rental is a duplex with only one shared wall but you have a private deck and private patio area off the front door. It has central gas heat, and central AC. This is a bright, clean and cozy space for folks who love the suburbs but want to be surrounded by nature. With ambient noise from the creek and highway. While there is back yard with grass (that we mow so you can see the stream), the back of the house is all natural wetlands. Being a wetlands with a creek running through it, the ground is pretty soggy from October until April. The stream overflows about three times per winter, but fear not, the house is built on stilts it's actually pretty cool when it's flooding. You can see the sound wall from the highway in a photo, there is ambient noise when outside, and to us it sounds like the creek. The front deck/patio is secluded and doesn't flood. Other things to note: The house is a duplex, but you will rarely hear the neighbors as the two sides only share one wall (your kitchen). We also just replaced the windows on both sides (but please be considerate of noise levels late at night and early morning in this area just in case, the neighbors are considerate of you). There is a shared driveway long enough for two cars for each side and a garage for each side for storage. Commonwealth Lake is within walking distance with great nature paths that the creek in your back yard flows into. This duplex is situated nicely with only a super-quick to downtown Portland, and only a little over an hour's drive to the beach. It is because for pristine and fragile ecosystem off the back of the house that no pets are allowed. One year lease. Non-smoking property. Owner pays for water. Tenant pays for electricity, gas, internet, and garbage. First month's rent plus security deposit due at signing.
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    Zillow last checked:

    Listing updated:

    The City of Portland requires a notice to applicants of the Portland Housing Bureau’s Statement of Applicant Rights. Additionally, Portland requires a notice to applicants relating to a Tenant’s right to request a Modification or Accommodation.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Oven, Refrigerator
    • Laundry: Hookups
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Parking features: Detached, Garage, Off Street
    • Has garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Has view: Yes
    • View description: View of Johnson Creek and Wetlands
    Lot
    • Features: Wetlands
    Details
    • Additional structures: Garage(s)

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse

    Utilities & green energy

    • Utilities for property: Water

    Building

    Management
    • Pets allowed: No

    Community & HOA

    HOA
    • Amenities included: Parking
    Location
    • Region: Portland

    Financial & listing details

    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/5/2026Listed for rent$2,400$3/sqft
    Source: Zillow Rentals Report a problem

    Neighborhood: Marlene Village

    Nearby schools

    GreatSchools rating