4284 Oakridge Road

Lake Oswego, OR 97035

$1,225,000
Price
Beds
6,057 Sq. Ft.
$202 / Sq. Ft.
6,057
Sq. Ft.
$202
per Sq. Ft.

Description

Excellent multi-residential development opportunity in walkable Lake Oswego. Lot has existing single-family residence, a short-term tenant, and in process entitlements for a 7-unit multi-building with attached commercial space & plenty of parking. Development link in listing. The hard legwork & most of the engineering work is done for existing plan. However, always an opportunity to change the plan based on zoning and build anything mixed-use zoning allows for in LO. For more information, contact...Excellent multi-residential development opportunity in walkable Lake Oswego. Lot has existing single-family residence, a short-term tenant, and in process entitlements for a 7-unit multi-building with attached commercial space & plenty of parking. Development link in listing. The hard legwork & most of the engineering work is done for existing plan. However, always an opportunity to change the plan based on zoning and build anything mixed-use zoning allows for in LO. For more information, contact the Listing Agent.
  1. Listed by Tracy Peterson • Better Homes & Gardens Realty

Property Details for 4284 Oakridge Road

Parking Features
Garage, On Street
Zoning
NC/R-0
Garage Spaces
7.00
Parking Total
18.00

Location

Listing Courtesy of Better Homes & Gardens Realty
Add your commute
LISTING UPDATED: 04/19/2024 10:23 AM

Property Details for 4284 Oakridge Road

StatusActive
MLS #24437621
Days on Market59
Taxes$6,577 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2024
Lot Size0.32 AC / 13,939 SF
CountyClackamas County

Location

Listing Courtesy of Better Homes & Gardens Realty
Add your commute

Building Information for 4284 Oakridge Road

Stories2Residences-Year Built2024Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$7,233 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,685

Property Taxes

$548

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4284 Oakridge Road

Summary
Location and General Information
  • Country: US
  • Directions: Boones Ferry to Oakridge Rd (Property on the left)
School Information
  • Elementary School: Lake Grove
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego
Taxes and HOA
  • Tax Annual Amount: $6,576.83
  • Parcel Number: 00242302
  • Tax Legal Description: 420 LAKE VIEW VILLAS 1ST ADD PT LT 9
Property
Lot Information
  • Acres: 0.32
  • Lot Description: Level, Public Road
  • Lot Size Square Feet: 13939.0
  • 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: Proposed
  • Year Built: 2024
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air95Plus
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding
Interior Features
  • Foundation Details: Concrete Perimeter, Slab
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Gross Income Actual: $389,707.00
  • Gross Rent Multiplier: $3.14
  • Investor Information: According To Owner
  • Net Income Actual: $290,137.00
  • Operating Expense: $99,570.00
  • Storage: Individual Storage Units
  • Common Amenities: All Landscaping
  • SqFt Approximate Building Total: 6057

Property History for 4284 Oakridge Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4284 Oakridge Road

Taxable ValueLand-Additions-Total-
Tax Record2023$6,577 ($548 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,440 SqFtAbove Grade Finished SqFt2,440 SqFtStories1Lot Size13,915 SqFtStyleSingle Family ResidenceYear Built1950ZoningNC/R-0CountyCLACKAMASAPN21E08CB01700Fireplace TypeHas Fireplace

Schools near 4284 Oakridge 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
Charter - 9 to 12
Rating
School
Distance
Lake Grove Elementary School
PublicK to 5

Lake Oswego Junior High School
Public6 to 8

Lake Oswego Senior High School
Public9 to 12

Harmony Academy
Charter9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4284 Oakridge Road is a multi-family home for sale in Lake Oswego, OR 97035. This property was listed for sale on March 2, 2024 by Better Homes & Gardens Realty, it's currently listed at $1,225,000. It has been on the market for a total of 59 days and was last sold on April 19, 2022. This listing's school district is Lake Oswego School District 7j. Nearby schools include Lake Grove Elementary School, Lake Oswego Junior High School and Lake Oswego Senior High School. 4284 Oakridge Road is a 0-bed, 0-bath, 6,057 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Realty

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 © 2024 RMLS, Portland, Oregon. Last updated: 04/19/2024 10:23 AM