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304 CERVANTES Lake Oswego, OR $ 1,100,000
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$ 1,100,000 Get more info
304 CERVANTES
$ 1,100,000
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304 CERVANTES

Lake Oswego, OR, 97035
$ 1,100,000
Bedrooms10 Baths8.0 Sq 4,838

Monthly Estimate*

$ 6,863

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Multi-Family Home for sale in Lake Oswego, OR for $1,100,000 with 10 bedrooms and 8 full baths. This 4,838 square foot home was built in 1979 on a lot size of 0.25.

An updated 4-plex in the heart of Lake Oswego. Includes units 304,306,308,310 Cervantes Cir. Each of the four units has been recently remodeled with modern finishes, hardwood floors, updated kitchens and baths, newer siding, and brand new decks. Nestled in a quiet, tree-lined neighborhood within the desirable Mountain Park community, residents enjoy access to top-rated Lake Oswego schools, scenic parks and trails, and the Mountain Park Recreation Center with its pool, fitness center, and tennis courts. Just minutes from Lake Oswego’s vibrant downtown dining and shopping, this property offers both lifestyle and investment appeal. Whether you’re a seasoned investor or possibility to house hack in one of Oregon’s most sought after locations, this 4-plex combines strong rental potential with lasting value.

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Multi-Family Pending

Price

$ 1,100,000

Bedrooms

10

Full Bath

8

Property Type

Multi-Family

Taxes

$ 16,297

Style

Lot Size

0.25

Year Built

1979

Town/City

Lake Oswego

County/Region

MULTNOMAH

MLS | Web ID

543241185
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Zoning RO
Garage Spaces 4.0
Year Built 1979
Stories Count 2
Tax Year 2024
Parcel Number R132118
Gross Income 90300.0
County Multnomah
Net Operating Income 66108.0
Operating Expense 24192.0
Property Type MultiFamily
HOA Y
Subdivision Name Mountain Park
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Pending
Directions Mt. Park - Jefferson Pkwy to Cervantes Cir
High School Ida B Wells
City LakeOswego
Disclosures Disclosure
Number Of Units Total 4
MLS Area _148
Lot Size Square Feet 10890.0
Listing Terms Cash Conventional
Elementary School Markham
Tax Annual Amount 16297.36
Middle/Junior High School Jackson
Property Condition Approximately
Virtual Tour https://player.vimeo.com/video/1134932020?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description CHATEAU BLEU CONDOMINIUM LOT 304 306 308 310
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Interior
Basement CrawlSpace
Storage Deck Garage
Hot Water Gas
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 3
Unit 4 Baths Total 2
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Attached Garage
Lot Features GentleSloping Trees
Water Source PublicWater
Total Parking 8.0
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 4838.0
Lot Size Acres 0.25
Road Surface Type Paved
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Internal Only
Street Number 1 304
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* Excluded Features
List By
Real Broker

Broker

phong@tranpropertygroup.com

Contact

Affordability Calculator

$8,221
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$1,358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3254080 Elementary School
3254087 Middle School
Ida B Wells High School High School
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Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,100,000 Listed Price

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304 CERVANTES, Lake Oswego, OR, 97035 is a Multi-Family Home for sale at $1,100,000 with 4,838 sqft and a lot size of 0.25. 304 CERVANTES has 10 bedrooms, 8.0 baths, and was built in 1979. The property's zip code is 97035 which is in Lake Oswego, OR

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