3,920 sqft$281/sqft
7189 SW Childs Rd, Lake Oswego, OR 97035
Est: $6,218/moGet pre-approved

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...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.
LISTING UPDATED: 08/06/2026 08:29 PM

  1. Listed by Phelan Van Deren • Opt • 503-936-8815

Property Details for 7189 Southwest Childs Road

Status
MLS #
536639134
Days on Market
Listed Today
Taxes
$7,518 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1982
Lot Size
0.33 AC / 14,374 SF
Subdivision
East Tualatin
Parking Features
Garage, Off Street
Zoning
RMH
View
Trees Woods
Garage Spaces
2.00
Parking Total
2.00

Location

Listing Courtesy of Opt
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Building Information for 7189 Southwest Childs Road

Stories2Residences4Year Built1982Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$6,218 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$627

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7189 Southwest Childs Road

Summary
Location and General Information
  • Country: US
  • Directions: SW Childs Rd & SW Pilkington Rd; property located on SW Childs Rd just east of SW Pilkington Rd
  • Road Surface: Paved
School Information
  • Elementary School: Bridgeport
  • High School: Tualatin
  • Middle Or Junior School: Hazelbrook
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $7,518.43
  • Parcel Number: R1001301
  • Tax Legal Description: PIPERS' RUN, LOT 6
Property
Lot Information
  • Acres: 0.33
  • Lot Description: Level, Trees
  • Lot Size Square Feet: 14374.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1982
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Composite
  • Roof Type: Composition, Shingle
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $53,172.00
  • Gross Income Projected: $88,800.00
  • Gross Rent Multiplier: $20.69
  • Investor Information: According To Owner, Leases, Maintenance Records Available, Rent Records
  • Net Income Actual: $30,268.00
  • Net Income Projected: 65896
  • Operating Expenses Projected: $22,904.00
  • Operating Expense: $22,904.00
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: All Landscaping, Pool
  • SqFt Approximate Building Total: 3920
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Dishwasher, Fireplace, Refrigerator
  • Unit Type 1 Rent: $1,531
  • Unit Type 1 SqFt: 980.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Fireplace, Refrigerator
  • Unit Type 2 Rent: $1,155
  • Unit Type 2 SqFt: 980.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Deck, Dishwasher, Fireplace, Refrigerator
  • Unit Type 3 Rent: $1,745
  • Unit Type 3 SqFt: 980.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Deck, Dishwasher, Fireplace, Refrigerator
  • Unit Type 4 Rent: $0
  • Unit Type 4 SqFt: 980
  • Unit Type 4 UnitsTotal: 1

Schools near 7189 Southwest Childs Road

This home is within Lake Oswego School District 7j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
River Grove Elementary School
PublicK to 5

Lakeridge Middle School
Public6 to 8

Lakeridge High School
Public9 to 12

Palisades World Language School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7189 Southwest Childs Road is a multi-family home for sale in Lake Oswego, OR 97035. This listing's school district is Lake Oswego School District 7j. Nearby schools include River Grove Elementary School, Lakeridge Middle School and Lakeridge High School. 7189 Southwest Childs Road is a 0-bed, 0-bath, 3,920 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 08/06/2026 08:29 PM