7132 SE Gladstone St, Portland, OR 97206

This adorable South Tabor Neighborhood, three story charmer boasts modern craftsman style details throughout. Light and bright windows, balcony deck, and a fireplace makes the main living area cozy and charming! Bottom floor has its own access through the single car garage, nice sized bedroom and its own full bathroom. Upper floor has two bedrooms and two full bathrooms, and laundry area! House sits on smaller, landscaped, and low maintenance lot. Close to shopping, bus lines, highways/freeways, and a short trip to all the outdoor recreation of the Great Pacific Northwest! RENTAL CRITERION *Tenant Criteria Minimum 2.5 times income-to-rent ratio (Which means an income of at least $2795.00/month *Past 90-day cash flow that exceeds $2795.00 rent + estimated monthly credit obligations per the credit report *Clear credit report with no history of defaulting on credit obligations in the last 36 months Credit score of at least 700 (Exceptions may apply with verifiable explanation) If 2 or more co-applicants, must have aggregate credit score of no less than 680. *Clear criminal background check (exceptions apply) *Favorable references from past landlords *Employment verification *No smoking/vaping residence *No pets *Ability to regularly maintain the yard consistent with the owner's expectations or pay a monthly landscaping charge of $225 per month. Application Process *Applications will be open to interested applicants on Friday, August 15th, 2025, at 10:00am * The application fee is $55 per adult over 18. A background check will be conducted for applicants who meet the base criterion. Consent will be obtained at the time of application. Application fee is non-refundable once the process has started. *Provide consecutive, recent 3 month's pay stub or other proof of verifiable income and show proof of positive cash flow for the previous 90 days. *If your application is accepted, then there is a $500 deposit to hold the rental home and remove the property listing from online services (Zillow, Trulia, HotPads, etc.). Until this holding deposit is received, applications from prospective tenants will continue to be taken. This deposit will be applied toward your security deposit if you sign the lease. If you fail to sign the lease, after good faith negotiations, then you will forfeit the holding deposit. *Move-in requires 1st month's rent plus a security deposit of up to $3500.00 *Lease Term & Rent Payment - The initial lease term is 12 months, thereafter it CAN revert to a month-to-month agreement - OR - tenant can sign a new lease. Rent increases may apply at that time. *Rent is due on the 1st of each month required to be paid by recurring, automatic monthly ACH payments or other arrangements are made with the property manager. Cash will not be accepted by staff but can be deposited directly to a designated account by the tenant. ** Renter's Insurance Required!