1516 NW 25th Ave Rental

Rare opportunity to lease a beautifully renovated 1905 home in NW Portland’s Alphabet District. The home was thoughtfully expanded and updated just a few years ago, adding over 1,000 square feet of new construction while preserving its original character. This 4-bedroom, 3.5-bathroom, 3,333-square-foot home offers two primary suites upstairs, each with private bathrooms, radiant floor heating, and custom closets. One suite includes a steam shower. Hardwood floors, designer lighting, and high ceilings with a gas fireplace in the formal living room add to the home’s elegance. The main level features an entertainer’s kitchen with a 12-foot island, double ovens, butler’s pantry, professional-grade appliances, and folding glass doors that open to a deck and landscaped backyard for easy indoor-outdoor living. Central A/C keeps the home comfortable year-round. The finished basement includes a bonus room/office and flexible lower-level space with a separate exterior entrance—ideal for a home office, gym, or recreation area. Parking includes a one-car garage, driveway space, and eligibility (per PBOT) for a permitted street parking space. Located just two blocks from NW 23rd shops and restaurants, across from Wallace Park and Chapman School, and minutes to Forest Park’s trails. Easy access to downtown and major freeways. A thoughtfully updated historic home offering comfort and modern functionality in one of Portland’s most desirable neighborhoods. Rent: $6,995. Security Deposit: $6,995. One year lease. Optional Resident Benefit Package: $40.95/mo Renter’s Insurance is Required (included in the Resident Benefit Package). Utilities: Trash/recycling included with rent. Tenant is responsible for water/sewer, electricity, natural gas, and internet/cable. Pet Policy: Cats and small dogs under 30lb allowed. Two Pets Maximum. $50/mo Pet Rent per Pet Landscaping provided The Open Application Period begins on Saturday, March 7th, at 10:00AM exactly. Please do not submit your application before then. Applications will be accepted on a first come, first serve basis in accordance with Portland Ordinance No. 189580-190905. Screening Criteria available upon request by phone or email. Screening Criteria Overview: Total verifiable household gross income should be at 2x the monthly rent or more, a credit score of at least 650, good landlord references and pass a criminal background check. Application fee of $55.00 will apply to whomever is the financially responsible party for background check including credit, criminal, and eviction history. Accessible Dwelling Unit: No All Chroma Property Management residents have the option to enroll in the Resident Benefits Package (RBP) for $40.95 per month, per household which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity 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. If you already have renters insurance, that's no problem! We still offer the Residents Benefit Package with all of the same benefits, except renters insurance, for $30 per month, per household.