535 2ND ST # 207 Lake Oswego, OR $ 924,900
535 2ND ST # 207
$ 924,900
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535 2ND ST # 207

Lake Oswego, OR, 97034
$ 924,900
Bedrooms2 Baths2.0 Sq 1,025

Monthly Estimate*

$ 5,840

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Condo for sale in Lake Oswego, OR

for $924,900 with 2 bedrooms and 2 full baths. This 1,025 square foot condo was built in 2007.

A rare opportunity in Lake Oswego's First Addition: this 2 bedroom, 2 bath condominium has had a single owner since new and has been occupied only a few months each year. The result is a home in genuinely like-new condition, free of the wear and deferred updates most resales require. At approximately 1,025 square feet, the open, light-filled layout is designed to simplify rather than reduce, offering the ease of gated access, assigned parking, and additional storage, with no yard or exterior upkeep to manage. For an owner ready to trade square footage for location and freedom, whether stepping down from a larger home, maintaining a seasonal Pacific Northwest residence, or wanting a low-maintenance base near downtown Portland, this home asks for nothing but daily living. Just blocks from Oswego Lake and the restaurants, shops, and galleries of downtown Lake Oswego, including Baird's on B, Salt & Straw, and Bamboo Sushi, it offers true walkable convenience in one of the area's most established neighborhoods. A well-preserved home, ready for its next chapter.

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Condo Active

Price

$ 924,900

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 7,290

Style

NWContemporary

Year Built

2007

Town/City

Lake Oswego

County/Region

Clackamas

MLS | Web ID

515294060

Features
Interior
Interior Amenities Granite HardwoodFloors HighCeilings SoakingTub TileFloor WasherDryer
Total Fireplaces 1
Fireplace Features Electric
Hot Water Gas
Total Stories 4
Window Features VinylFrames
Total Bathrooms 2.0
Unit Location GroundFloor
Total Bedrooms 2
Total Baths 2
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir HeatPump
Cooling CentralAir
Roof Composition
Appliances BuiltinOven Dishwasher FreeStandingRefrigerator GasAppliances Granite Microwave StainlessSteelAppliance
HOA Fee 634.0
Garage Spaces 1.0
Architectural Style NWContemporary
Security Features HandicapAccess IntercomEntry SecuritySystem
Year Built 2007
Stories Count 1
Unit Number 207
Property Subtype Condominium
Tax Year 2025
Parcel Number 05021805
Accessibility AccessibleElevatorInstalled AccessibleEntrance AccessibleHallway GroundLevel MainFloorBedroomBath MinimalSteps Parking UtilityRoomOnMain WalkinShower
Assoc Fee Paid Per Monthly
County Clackamas
Property Type Residential
Association Amenities Commons ExteriorMaintenance Gas Gated Management Sewer Trash Water
HOA Y
Subdivision Name FIRST ADDITION 1ST ADDITION
Full Baths 2
Status Active
Directions State St to B & 2nd - Located in the 555 Building
High School Lake Oswego
City LakeOswego
Disclosures Disclosure
MLS Area _147
Listing Terms Cash Conventional
Elementary School Forest Hills
Tax Annual Amount 7290.97
Middle/Junior High School Lake Oswego
Property Condition Resale
Virtual Tour https://www.zillow.com/view-imx/e4761999-94a4-4bc8-a4c0-2f90db58e953?initialViewType=pano%27
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description CONDOMINIUM FIVE FIFTY-FIVE SECOND STREET CONDOMINIUMS 4253 UNIT
ADU False
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Exterior
Exterior Amenities Fenced GasHookup Patio Sprinkler
Parking Features Deeded Secured
Lot Features Commons Level
Water Source PublicWater
Total Parking 1.0
Garage Type Available
Exterior Description Cedar Stone
Building Area Total 1025.0
Road Surface Type Paved
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Internal Only
Street Number 1 535
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

503-250-0667

Contact

Affordability Calculator

$6,447
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,840
Monthly Property Taxes
$608
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949129 Elementary School
1948939 Middle School
Lake Oswego High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$924,900 -5.13% Price Down
3/12/2026$974,900 Listed Price

Map


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535 2ND ST # 207, Lake Oswego, OR, 97034 is a Condo for sale at $924,900 with 1,025 sqft. 535 2ND ST # 207 has 2 bedrooms, 2.0 baths, and was built in 2007. The property's zip code is 97034 which is in Lake Oswego, OR