Agent profile image in chat bubble
Agent profile image in chat header

Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

Agent profile image in message

310 Cervantes , Lake Oswego, OR 97035
$1,100,000
Est. Payment: $5,544.27/mo
10 Bed
8 Bath
4838 Sqft
Status: sold | Days on site: 6
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

House 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.

Highlights

Listed by Yvonne Blewett , 503-577-6262 Cascade Hasson Sotheby's International Realty , 503-420-8650. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

HOA Fee

Year Built

1979

County

Multnomah

Area

147 - Lake Oswego, West Linn

Neighborhood

Mountain Park

Listing ID

243532421

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:8
  • Full Bathrooms:8
Air Cond:Central Air
Fireplaces:
Basement:Crawl Space
Water:Public Water

Exterior Features

Lot:Gentle Sloping,Sloped,Trees
Garage Capacity:10
Zoning:R-0
Roof:Composition
Others:
  • Additional:Updated/Remodeled
Sewer:Public Sewer
Parking Features:Attached,Garage
Principal Interest
$5,544
Taxes
$1,299
HOA
$0

Home Price

$1,100,000

Loan Details

30 yrs
6.469%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,544.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,544.27 $1,298.52 $0.00 $6,842.79
Yearly $66,531.24 $15,582.24 $0.00 $82,113.48
Total $1,995,937.21 $467,467.20 $0.00 $2,463,404.41

Today's Rates

30 Year

6.47%

20 Year

6.22%

15 Year

5.92%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Lake Oswego, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-08-16T19:39:09.000Z

© 2026 Portland Regional Multiple Listing Service

MLS Logo - Portland Regional Multiple Listing Service