310 CERVANTES

Lake Oswego, 97035

  • 10 Bed

  • 8 Bath

  • 4838 SqFt

  • 1 DOM

  • Built: 1979

  • Status: Active

$1,100,000

X

310 CERVANTES

Lake Oswego 97035

$1100000

  • 10 Bed

  • 8 Bath

  • 4838 SqFt

  • 1 DOM

  • Built: 1979

  • Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

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.

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Residence Information

  • 4838

  • 10

  • 8

  • Composition

  • 8,

  • Attached,Garage

  • 2

  • 1979

  • No

  • WoodSiding

  • CrawlSpace,Other

  • CrawlSpace,Other

  • ConcretePerimeter

Features and Utilities

  • CentralAir

  • Electricity, Gas

  • ForcedAir

  • PublicSewer

  • Electricity, Gas

  • Electricity, Gas

Financial

  • 15582.24

  • MaintenanceGrounds,Sewer,TrashCollection,Water

  • Cash,Conventional,Other

  • 04-23-2026

  • No

  • No

Comparable Information

  • 1

  • 1

  • Cash,Conventional,Other

  • $1,100,000

  • $1,100,000

  • Apr 23, 2026 06:11

Schools

Elementary : Markham N/A Ratings
Middle : Jackson N/A Ratings
High : Ida B Wells N/A Ratings

Map

Listing courtesy of Cascade Hasson Sotheby's International Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Apr 24, 2026 03:48 | Listing last modified Apr 23, 2026 06:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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