$ 1,100,000
-
$1,100,000
Price -
10
Bed -
8
Bath -
4,838
SqFt
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About the Listing CAHS04 - BLEWETTY
Positioned in the heart of Lake Oswego's sought-after Mountain Park community, this updated Cervantes fourplex presents a rare and compelling investment opportunity. Comprising four individual deeds with newly appealed property taxes, the property offers both immediate upside and long-term value. Three of the four units have been thoughtfully remodeled with modern finishes, hardwood floors, and updated kitchens, while the fourth features a stable long-term tenant. Recent exterior improvements include new Siding freshly painted, and new decks stained, enhancing both curb appeal and durability. Other recent improvements include installing new water heaters and cleaning the roof and gutters.Tucked into a quiet, tree-lined neighborhood, residents enjoy access to top-rated Lake Oswego schools, scenic parks, and miles of nearby trails, along with premier amenities at the Mountain Park Recreation Center—including a pool, fitness center, and tennis courts. Just minutes from Lake Oswego's vibrant downtown dining and shopping scene, this location consistently attracts high-quality tenants.Whether you are a seasoned investor seeking a stable, appreciating asset or exploring a house-hack opportunity in one of Oregon's most desirable communities, this fourplex delivers a unique blend of lifestyle appeal, strong rental potential, and enduring investment strength.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
243532421
Year Built
1979
Total Square Footage
4,838
Lot/Acreage
N/A
County
Multnomah
Neighborhood
Mountain Park
Elementary School
Markham
Middle School
Jackson
High School
Ida B Wells
Interior Details
- Bedrooms: 10
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Gentle Sloping,Sloped,Trees
- Garage Capacity: 8 car
- Parking Spaces: 10
- Zoning: R-0
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Attached,Garage
Financial Details
- Tax Amount: $15,582
- Taxes w/Assessments: N/A
- Tax/Property ID: R132121
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
310 Cervantes Lake Oswego, OR 97035
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