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$1,000,000

8 Beds 4 Baths 3,920 SQFT 0.33 Acres
Type: Multi-Family

7189 SW CHILDS RD
Lake Oswego, OR 97035

MLS#: 536639134
Kris Hurley
Kris Hurley
Premiere Property Group
Broker
Phone: 503.680.2418
Office: 503.670.9000
Presented by: Opt - 503-936-8815

Property Description

 

**DO NOT DISTURB TENANTS** 7189 is available to show, all other units can only be seen with an accepted offer. Well-maintained four-plex located in the desirable Rivergrove neighborhood of Lake Oswego. Each of the four units features 2 bedrooms and 1 bath with practical, functional layouts that appeal to a wide range of tenants. Situated in a market known for strong rental demand, excellent schools, and convenient access to parks, shopping, dining, and major employers, this property offers a solid investment opportunity with long-term potential. Whether you're looking to expand your portfolio or purchase your first multifamily property, this four-plex combines a sought-after location with dependable rental appeal with a strong rental history. HOA fee is $700/month and covers exterior maintenance, landscaping, garbage, and swimming pool.


 

Interior Features

Bedrooms

Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total2

Bathrooms

Unit 1 Baths Total1
Unit 2 Baths Total1
Unit 3 Baths Total1
Unit 4 Baths Total1

Other Interior Features

UnitType1ActualRent1531
UnitType1FeaturesDeck, Dishwasher, Fireplace, Refrigerator
UnitType1UnitsTotal1
UnitType2ActualRent1155
UnitType2FeaturesDeck, Dishwasher, Fireplace, Refrigerator
UnitType2UnitsTotal1
UnitType3ActualRent1795
UnitType3FeaturesDeck, Dishwasher, Fireplace, Refrigerator
UnitType3UnitsTotal1
UnitType4ActualRent1795
UnitType4FeaturesDeck, Dishwasher, Fireplace, Refrigerator
UnitType4UnitsTotal1
FuelDescriptionElectricity
BasementNone
Hot WaterElectricity
StorageGarage
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4

General

Accessory Dwelling Unit Y/NN
AttributionContact503-936-8815
CityLakeOswego
Community FeaturesAllLandscaping, Pool
CoolingWindowUnit
CountyWashington
DirectionsSW Childs Rd & SW Pilkington Rd; property located on SW Childs Rd just east of SW Pilkington Rd
DisclosuresDisclosure
Elementary SchoolBridgeport
Garage Spaces2.0
Gross Income75312.0
HOANo
HeatingWallHeater
High SchoolTualatin
Legal DescriptionPIPERS' RUN, LOT 6
Listing TermsCash, Conventional, FHA, VALoan
Lot Size Square Feet14,374 sqft
MLS Area_151
Middle/Junior High SchoolHazelbrook
Net Operating Income52408.0
Number Of Units Total4
Operating Expense22904.0
Parcel Number0
Property ConditionApproximately
Property TypeMultiFamily
Rent IncludesSewer, TrashCollection, Water
RoofComposition, Shingle
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameEast Tualatin
Tax Annual Amount$7,518
Tax Year2025
ViewDescriptionTreesWoods
Virtual TourClick here
Year Built1982
ZoningRMH

Exterior

Building Area Total3,920 sqft
Exterior DescriptionT111Siding, WoodComposite
Foundation DetailsConcretePerimeter
Lot FeaturesLevel, Trees
Lot Size Acres0.33
Parking FeaturesGarage, OffStreet
Road Surface TypePaved
Total Parking2.0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Tualatin High School
Elementary School Bridgeport Elementary School
Middle School Hazelbrook Middle School

  

Similar Properties

$1,000,000

8 Beds 4 Baths 3,920 SQFT 0.33 Acres
Type: Multi-Family

7189 SW CHILDS RD
Lake Oswego, OR 97035

MLS#: 536639134
Kris Hurley
Kris Hurley
Premiere Property Group
Broker
Phone: 503.680.2418
Office: 503.670.9000