310 Cervantes, Lake Oswego, OR 97035

Lake Oswego
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
310 Cervantes,Lakeoswego, OR 97035
$1,100,000
  • - Beds
  • - Baths
  • 4,838 sq. ft.
  • Multi-family
  • Active
Listed by: yvonne blewett
Office: cascade hasson sotheby's international realty503-420-8650
MLS#:243532421
Source:PORTLAND

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$227.37

About this home

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...

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Home facts

  • Year built:1979
  • Listing ID #:243532421
  • Added:2 day(s) ago
  • Updated:April 25, 2026 at 11:25 AM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:4,838 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1979
  • Building area:4,838 sq. ft.
  • Lot Features:Gentle Sloping, Sloped, Trees
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Ida B Wells
  • Middle school:Jackson
  • Elementary school:Markham

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$227.37
  • Tax amount:$15,582 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Attached Garage, Garage
  • Garage spaces:8
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