Welcome to RiverPlace, one of Portland's most desirable waterfront communities! This beautifully maintained 2-bedroom, 2-bath garden-level condo offers a peaceful courtyard setting while placing you just steps from the best of downtown living. Enjoy easy access to waterfront walking paths, restaurants, shops, hotels, the marina, and the Portland Streetcar. Residents also have access to two rooftop decks with stunning city and river views. Inside, you'll find a thoughtfully designed kitchen with an eating bar, a cozy wood-burning fireplace, and the convenience of an in-unit washer and dryer. The spacious layout is move-in ready and ideal for both everyday living and entertaining. The home includes two deeded parking spaces and a private storage unit--rare amenities in the heart of downtown. Furnishings are also available for purchase. Don't miss this opportunity to enjoy waterfront living in a quiet, park-like setting while remaining connected to everything Portland has to offer! Terms: 12-Month Lease County: Multnomah Parking: $97/per month for 2 parking spots through HOA ($48.50/per month for 1 spot) Vehicle Restrictions: Max 2 Vehicles (no RVs, boats, or trailers) Pets: No pets allowed Special terms: Proof of renter's insurance is required prior to start of and throughout tenancy. Strict no smoking or vaping policy applies to this property. Waterbeds, hot tubs, trampolines, and aquariums are strictly prohibited. HOA: RiverPlace Condominium Utilities Included in Rent: Water, sewer, garbage Utilities Paid by Tenant: Electric, cable/internet Appliances: Range, Refrigerator, Dishwasher, Microwave, Washer & Dryer CITY OF PORTLAND REQUIRED INFO: *This home is not Type A *To find all the required documents regarding the application process as per required by the City of Portland, please visit https://beta.portland.gov/phb/rental-services Per City of Portland requirements: APPLICATIONS WILL BE AVAILABLE ONLINE AND WE WILL BEGIN PROCESSING THE FIRST COMPLETE APPLICATIONS AT 12PM ON June 3rd, 2026. Applications received/submitted before then will have an automatic and mandatory 8 hour waiting period/delay. HOW TO APPLY: We screen applicants on a first-come, first-serve basis. We ask that all potential tenants see the property before applying. ** Rent must begin within 14 days after approval ** To schedule tour email pdxleasing@utopiamanagement.com or call 503-914-1111 THIS PROPERTY IS MANAGED BY: Utopia Management, Inc. Prices can change regularly at the discretion of landlord. Please contact our office for the most up to date pricing. All information deemed reliable but not guaranteed
Amenities
In-unit amenities
These amenities may not be available for every unit
As the MLS and public records start to fill up, we'll list the details here.
Around this home
Schools
Places
Transit
9/10
Ainsworth Elementary School
Public, K-5 • Assigned • 1.2mi
6/10
West Sylvan Middle School
Public, 6-8 • Assigned • 4.3mi
8/10
Lincoln High School
Public, 9-12 • Assigned • 1.1mi
Provided by GreatSchools
About Downtown
Portland
Downtown Portland, located between the Pearl District and South Waterfront, is a commercial and cultural Portland neighborhood with riverfront parks and a streetcar spine. The character concentrates around SW 10th Ave and W Burnside St, where marquee theaters, indie boutiques, and late-night eateries cluster under glowing signs. Pioneer Courthouse Square sets the civic tempo, while Powell’s City of Books and the Arlene Schnitzer Concert Hall anchor the arts calendar. Glassy towers and early-20th-century brick blocks share the skyline, stitched together by MAX platforms and the Portland Streetcar. Waterfront Park frames the west bank with broad paths and seasonal festivals.
Provided by Walk Score and Local Logic
Public facts and zoning for 205 SW Montgomery St
Beds
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Baths
—
Sq. Ft.
—
Stories
—
Lot Size
—
Style
Condo/Co-op
Year Built
—
Year Renovated
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County
Multnomah County
APN
R256625
Home facts updated by county records on Nov 13, 2023.
Additional resources
Zoning
Working on getting current and accurate zoning information for this home.Learn more
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
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Estimated sale price
$430,000 – $521,000
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In-unit amenities
These amenities may not be available for every unit