Price Reduced34
$815,000
6 bd · 5 ba · 3,794 sqft
31 Churchill Downs, LakeOswego, OR
Corey Kennedy · Real Broker
Est. $6,529/moGet pre-qualified$255/sqft · 78 days on Realty
—
Beds
—
Baths
3,920
Sqft
1982
Built
**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 agent
Phelan Van Deren
Courtesy of Opt
(503) 936-8815
Regional Multiple Listing Service (RMLS) · Listing 536639134
$200,000
Estimated monthly payment
$6,529/mo
Loan amount $800,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
Regional Multiple Listing Service (RMLS)This content last refreshed on 2026-10-24 21:59:00 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced34$815,000
6 bd · 5 ba · 3,794 sqft
31 Churchill Downs, LakeOswego, OR
Corey Kennedy · Real Broker
28$800,000
3 bd · 3 ba · 2,052 sqft
4403 Oakridge Rd, LakeOswego, OR
Linda Cohn · Coldwell Banker Bain
36$1,100,000
5 bd · 3 ba · 2,762 sqft
4802 Lakeview Blvd, LakeOswego, OR
Stephanie Muro · MORE Realty
Price Reduced46$820,000
3 bd · 3 ba · 2,985 sqft
4746 Amherst Ct, LakeOswego, OR
Valerie Palermini · MORE Realty
21$799,900
1 bd · 1 ba · 676 sqft
16061 Waluga Dr, LakeOswego, OR
Darryl Bodle · Keller Williams Realty Portland Premiere
Price Reduced48$725,000
3 bd · 2 ba · 1,663 sqft
4960 Centerwood St, LakeOswego, OR
Charles Grant · MORE Realty
School ratings (A+ to F) from HJN community data.
River Grove Elementary School
KG-5 · Regular · Lake Oswego School District
382 students · 13.8:1 student–teacher
The Childrens Hour Academy
PK-2 · Regular
22 students · 5.5:1 student–teacher
Horizon Christian Elememtary/Middle School
KG-8 · Regular
400 students · 15.4:1 student–teacher
Bridgeport Elementary School
KG-5 · Regular · Tigard-Tualatin School District
531 students · 16.1:1 student–teacher
Durham Elementary School
KG-5 · Regular · Tigard-Tualatin School District
471 students · 16.5:1 student–teacher
Lakeridge Middle School
6-8 · Regular · Lake Oswego School District
888 students · 16.8:1 student–teacher
Creekside Community High School
6-12 · Alternative/Other · Tigard-Tualatin School District
186 students · 12.3:1 student–teacher
Multi-Sensory Instruction Teaching Children Hands-On (MITCH)
KG-5 · Regular · Tigard-Tualatin School District
237 students · 15.8:1 student–teacher
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Lake Oswego camera map18 CCTV cameras mapped within ½ mile of this home. Nearest: 0.2 mi southwest. Operator named in the data: Oregon Department of Transportation.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| CCTV cameras | 18 | 61 |
| Speed cameras | 0 | 6 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
CCTV cameras are fixed video cameras that record a street, building or other area.
Speed cameras photograph vehicles over the speed limit for automated tickets.
Within 2 miles of this home: 39+ restaurants and cafés, 8 grocery stores, 37+ parks and green spaces, and 31+ transit stops.
Place data from OpenStreetMap.
Claim Jumper
American restaurant · SW Lower Boones Ferry Road
Three Mermaids Public House
SW Lower Boones Ferry Road
Lugano Cafe
SW Lower Boones Ferry Road
Azuki Sushi Bar
SW Lower Boones Ferry Road
Sunny's Diner
SW Nyberg Street
Five Guys
SW Nyberg Street
Joy Teriyaki
SW Nyberg Street
Chipotle
Mexican restaurant · SW Nyberg Street
Whole Foods Market
SW Bridgeport Road
New Seasons Market
SW Nyberg Street
Fred Meyer
SW Martinazzi Avenue
Grocery Outlet
SW 72nd Avenue
Safeway
Lower Boones Ferry Road
Zupan's
Boones Ferry Road
Trader Joe's
Bangy Road
Albertsons
Boones Ferry Road
McDuff Park
Tualatin View Greenway Trail
Nyberg Creek Preserve
Nyberg Creek Greenbelt
Tualatin River Greenway
Heron Grove Park
Pilkington Dog Park
Pilkington Road
Tualatin Commons Park
18000 Block Southwest Lower Boones Ferry
Southwest Lower Boones Ferry & Childs Road
Southwest Lower Boones Ferry & Boones Ferry
Nyberg Woods
18400 Block Southwest Boones Ferry Road
18200 Block Southwest Boones Ferry Road
Tualatin (POINT)
Tualatin Park & Ride (SMART/RideConnection)
