651 5Th St | Image 1
New
651 5Th St | Image 2
651 5Th St | Image 3
651 5Th St | Image 4
651 5Th St | Image 5
651 5Th St | Image 6
651 5Th St | Image 7

$1,350,000

For Sale

3 hours ago

651 5Th St, Lakeoswego, OR

House

MLS® 159415059

5 Bed

4 Bath

3003 sqft

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3003 sqft
Garage Yes
Taxes $6,352
Days Active 0
Lot Size 
Approx. Age 1978
Avg. Price Per Sqft $449
MLS® Number 159415059

Property Address: 651 5th St, LakeOswego, OR, 97034

Average square foot calculated using Size range provided by listing agent.

Description

Unique investment opportunity in the prestigious heart of Lake Oswego's First Addition! This is a duplex. Surrounded by luxury single-family residences, this well maintained 3, 003 sq ft duplex generates $5, 500/month gross revenue alongside unmatched long-term appreciation in one of Oregon's most coveted zip codes.Unit 1 (3 Bed | 1.1 Bath 1777 sqft) rents $3, 100/month. Highlights include a spacious floor plan, cozy wood-burning fireplace, updated countertops, full dishwasher, in-unit washer/dryer, an attached garage, and private fenced yard. Unit 2 (2 Bed | 1 Bath | 1, 226 Sq Ft) rents $2, 400/month. Features a bright, well-scaled layout, wood-burning fireplace, updated countertops, dishwasher, dedicated in-unit washer/dryer, covered carport parking, and a private fenced yard. An unbeatable lifestyle location: minutes to boutique shopping, artisan dining, fitness studios, neighborhood parks, grocery and Oswego Lake. Perfect for the savvy owner occupant looking to live in one unit while subsidizing their mortgage, or the portfolio investor securing a low-vacancy asset in an irreplaceable location. Both units fully leased with a history of low turnover and established income. R-6 zoning includes single-family homes, duplexes, triplexes, townhomes, and cottage clusters *subject to specific lot-coverage, Floor Area Ratio (FAR), and design guidelines *buyer to do due diligence. Interior photos and floorplan are just of unit 653. PLEASE DO NOT DISTURB TENANTS
MLS® Number159415059
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1978
BasementCrawl Space
Driveway
Garage Spaces
HeatWall Heater
A/CNone

Extras

Rooms

Great Room:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 28, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
651 5Th St, Lakeoswego, OR

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties