310 CERVANTES, Lake Oswego, OR 97035
- $1,100,000
- 4,838
- SqFt
- Sold Price
- $1,100,000
- List Price
- $1,100,000
- Closing Date
- May 20, 2026
- Days on Market
- 27
- MLS#
- 243532421
- Property Type
- Multifamily
- Sqft. of Residence
- 4,838
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Lake Oswego, West Linn
- Status
- SOLD
Property Description
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.
Additional Information
- Tax Amount
- $15,582
- Year Built
- 1979
- High School
- Ida B Wells
- Elementary School
- Markham
- Middle School
- Jackson
- Garage Spaces
- 8
- Living Area
- 4,838
- Stories
- 2
- Subdivision
- Mountain Park
- Terms
- Cash, Conventional, Other
- Cooling Description
- Central Air
- Fuel Description
- Electricity, Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- Maintenance Grounds, Sewer, Trash Collection, Water
- Hot Water Description
- Electricity, Gas
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Attached, Garage
- Parking Description
- Attached, Garage
- Road Surface
- Paved
- Number Of Units Total
- 4
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 2190
- Unit Type One Sq Ft
- 1260
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 2
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 2
- Unit Type Three Beds Total
- 3
- Unit Type Three Rent
- 2500
- Unit Type Three Sq Ft
- 1260
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 2
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1971
- Unit Type Four Sq Ft
- 1159
- Unit Type Four Units Total
- 1
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Listing courtesy of Cascade Hasson Sotheby's International Realty. Selling Office: Coldwell Banker Bain.
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