HUGE PRICE IMPROVEMENT and Ready to sell Now! Reduced $600,000! Here's a massive investment opportunity in First Addition. Own an entire block of 8 DETACHED FEE SIMPLE HOMES! 3 Bed/2.1 Baths with about 1,500 SF each. Currently, 1 Home released for rent and rented at $5,100/mo. Stunning NW Modern design! Light and bright with lots of windows, open floor layout, SS appliances, quartz counters, upscale finishes, and designer colors. Builder warranty included! Don't miss this ultra rare opportunity to bolster your investment portfolio in one of the finest neighborhoods in all of Oregon! THERE WILL NOT BE ANOTHER OPPORTUNITY LIKE THIS IN FIRST ADDITION!
Active
Price cut: $300K (8/14)
$5,599,900
815 3rd St, Lake Oswego, OR 97034
23beds
12,000sqft
Multi Family
Built in 2026
-- sqft lot
$-- Zestimate®
$467/sqft
$-- HOA
What's special
Upscale finishesDesigner colorsStunning nw modern designDetached fee simple homesOpen floor layoutQuartz countersSs appliances
- 53 days |
- 681 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Aleksander Koval 503-548-8008,
The Koval Group
Source: RMLS (OR),MLS#: 381047376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 23
- Bathrooms: 24
- Full bathrooms: 16
- Partial bathrooms: 8
Heating
- Heat Pump, Mini Split
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater
Interior area
- Total structure area: 12,000
- Total interior livable area: 12,000 sqft
Property
Features
- Stories: 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: New Construction
- Zoning: SFR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Board & Batten Siding, Cement Siding
- Roof: Composition
Condition
- New Construction
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: First Addition
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $467/sqft
- Date on market: 6/29/2026
- Listing terms: Cash,Conventional
- Total actual rent: 5100
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $5,599,900-5.1%$467/sqft |
Source:  RMLS (OR) #381047376 Report a problem | ||
| 8/11/2026 | Price change | $5,899,900-1.7%$492/sqft |
Source: RMLS (OR) #381047376 Report a problem | ||
| 7/25/2026 | Price change | $5,999,900-3.2%$500/sqft |
Source: RMLS (OR) #381047376 Report a problem | ||
| 6/30/2026 | Listed for sale | $6,200,000$517/sqft |
Source: RMLS (OR) #381047376 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: First Addition-Forest Hills
Nearby schools
GreatSchools rating
- 9/10Forest Hills Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.8 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $729,9003 bd3 ba1.5k sqft801 3rd St, Lake Oswego, OR 97034New Construction
- $699,9003 bd3 ba1.5k sqft247 E Ave, Lake Oswego, OR 97034New Construction
- $589,9002 bd3 ba1.1k sqft242 G Ave, Lake Oswego, OR 97034New Construction
- $649,9003 bd3 ba1.5k sqft805 3rd St, Lake Oswego, OR 97034Pending
- $799,9003 bd3 ba1.5k sqft225 E Ave, Lake Oswego, OR 97034Pending
- $1,299,9005 bd6 ba2.7k sqft262 G Ave, Lake Oswego, OR 97034For Sale
- $1,220,0003 bd1 ba1.1k sqft233 East Ave, Lake Oswego, OR 97034Sold
- $1,220,000-- sqft233 E Ave, Lake Oswego, OR 97034Sold
A local agent can set up tours, give advice and negotiate with sellers.
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