Hi There~ My wife and I are looking to rent out our very recently remodeled basement ADU here in the Reed/Woodstock Neighborhood. After reading everything below, please reach out with any questions you have and tell us a bit about yourselves and we'll do the same in return. The space has 3 good sized bedrooms, but one could also view it as a 2 bedroom, while utilizing the 3rd room as a shared living room space, depending upon need/preference. Each of the bedrooms has an extra large egress window that lets in lots of light. It has a good sized backyard that's shared by both units. There is a massive tulip tree outback, so it's quite shady back there and serves as a nice place to grill out and have dinner. The neighbors are pretty quiet on both sides, so it makes for a pretty chill vibe. The home is located on Cesar E Chavez Blvd two blocks south of Trader Joe's, where the street goes down to two lanes and is a bit more chill. Reed College (+ it's nature preserve!) is an 8 minute walk from here, while the New Seasons, Double Mtn. Brewery & coffee shops off Woodstock are 3 minute drive, to give you an idea of proximity. Both Woodstock and Kenilworth Parks are less than a mile away as well! My wife and I live in the upstairs unit with our baby + two small/medium sized dogs (Fig & Alma!). Renter responsible for a flat utility payment of $185 a month, which covers Water & Sewer, Trash & Recycling, as well as WiFi. The electric bill is metered separately, so that'd be in the tenant's name. The current tenants say the electric bill usually comes in at around $100-$120 monthly, dependent on season. There's no smoking allowed inside the unit or outside while still on the property. Proof of renters insurance will be needed prior to the start of the lease. It's all street parking, but we can pretty consistently find spaces right near the house. Available: October 1st Lease Terms: 12 months Pets: Yes Parking: Street-Parking Square ft: 1,046 Bedrooms: 3 Bathrooms: 1.5 Rent: $2,095 Deposit: $2,095
Off market
$520,400
5115B SE Cesar E Chavez Blvd, Portland, OR 97202
3beds
1,046sqft
Single Family Residence
Built in ----
-- sqft lot
$520,400 Zestimate®
$498/sqft
$2,855 Estimated rent
Owner options
What's special
Zillow last checked: 10 hours ago
Listing updated: September 12, 2025 at 03:47pm
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Wall Furnace
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,046 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Exterior features: Garbage not included in rent, Heating system: Wall, Sewage not included in rent, Water not included in rent
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & neighborhood
Location
- Region: Portland
HOA & financial
Other fees
- Deposit fee: $2,095
Other
Other facts
- Available date: 10/01/2025
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Estimated market value
$520,400