Spacious modern 4-bedroom, 2.5-bath home built in 2020, located just three blocks from Laurelhurst Park. This rare find offers an open-concept layout, abundant natural light, modern finishes, central A/C, private outdoor space, and dedicated parking.
The main level features a large kitchen with modern appliances, a long breakfast bar, and an open living/dining area with a gas fireplace. The living room opens to a covered balcony with stairs down to a private fenced backyard.
The primary bedroom includes a large walk-in closet and en suite bathroom with a double vanity, soaking tub, radiant heated floors, and a large shower with dual showerheads. Three bedrooms are located upstairs, and the fourth bedroom is on the main level, making it well-suited for a home office, guest room, or flexible living space.
The home includes a 1-car garage, dedicated driveway parking, and additional street parking. Located on a historic cobblestone street, this unit has the unique combination of new construction, prime location, and outdoor space in one of Portland’s finest neighborhoods. Get the best of both worlds and enjoy your quiet, residential retreat while being able to easily walk or bike to Belmont, Hawthorne, Burnside, and Division.
Note: this is an unfurnished rental. Furniture shown in photos is not included.
Unit Highlights:
2,200 sq ft 4-bedroom, 2.5-bath
Central A/C and heating
Full-size in-unit washer and dryer
Private fenced backyard + covered balcony
Pet friendly (pet deposit required, no monthly pet rent, max 2 pets)
Fully equipped kitchen with modern appliances and large breakfast bar
Prime Location:
3 blocks from Laurelhurst Park
2 blocks to Belmont Street’s cafes, shops, and pubs
10 min walk to the best food, drinks, and shopping on Hawthorne Boulevard, and just another 10 min to Division
10 min walk to Burnside neighborhood and the iconic Laurelhurst Theatre
Easy foot or bike access to Whole Foods, Fred Meyer, H-Mart, and New Seasons.
Fees & Policies
Rent: $4600/mo
Utilities: $200/mo flat fee covering water, sewer, garbage/recycling, electricity, and gas. Internet not included.
Total monthly payment: $4,800/mo
Security Deposit: $4600
Pet Deposit: $300 per pet
Available: July 1
Application & screening: $45
Lease Term: 12 months 
DISCLOSURES PER CITY OF PORTLAND:
Applications will be accepted starting: 2:00 PM on 06/08/26
Applications received prior to acceptance start time must be penalized 8hrs.
Screening criteria: applicants should have monthly gross income of at least 2.5x the rent amount. We consider rental history, income/residence stability, credit, references, criminal history, compatibility with lease terms, accuracy of application, and ability to pay rent.
This is not an Accessible Dwelling Unit as defined by Oregon Structural Building Code and ICC A1171.1

3523 SE Alder St

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