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Eric Andrews, Principal Broker
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815 3rd St, Lake Oswego, OR 97034

$6,200,000
SAVE TOUR THIS HOME

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Property Description

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. First Addition has never seen anything like this before! Could buy in a package of 2 to 8 homes at $775,000 per home. Currently only 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!

815 3rd St | MLS# 381047376

This multi-family property located at 815 3rd St, Lake Oswego, OR 97034 is currently listed for sale with an asking price of $6,200,000. Search Lake Oswego real estate on ericandrews.bendpremierrealestate.com today.

SQUARE FEET12,000 MLS#381047376
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Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump
Fuel Type: Electricity
Heating: Heat Pump, Mini Split
Roof Type: Composition
Stories: 2.0
Year Built: 2026
Square Feet: 12,000

Units

Unit Type 1:
Bathroom(s): 3
Bedrooms: 3
Rent: $5100.00
Square Footage: 1500
Total Units: 1
Unit Type 2:
Bathroom(s): 3
Bedrooms: 3
Square Footage: 1500
Total Units: 1
Unit Type 3:
Bathroom(s): 3
Bedrooms: 3
Square Footage: 1500
Total Units: 1
Unit Type 4:
Bathroom(s): 3
Bedrooms: 3
Square Footage: 1500
Total Units: 1
Unit Type 5:
Bathroom(s): 3
Bedrooms: 3
Square Footage: 1500
Total Units: 1
Unit Type 6:
Bathroom(s): 3
Bedrooms: 3
Square Footage: 1500
Total Units: 1
Unit Type 7:
Bathroom(s): 3
Bedrooms: 3
Square Footage: 1500
Total Units: 1
Unit Type 8:
Bathroom(s): 3
Bedrooms: 2
Square Footage: 1200
Total Units: 1

Feature Descriptions

Days on Site: 7
Exterior: Board & Batten Siding, Cement Siding
Hot Water: Electricity
Lot: Level
Sewer: Public Sewer
Special View Info: Trees/Woods
Units: 8
Water: Public Water

Local Schools

High School: Lake Oswego
Middle School: Lake Oswego
Elementary School: Forest Hills

Listed By / Shown By

Listed By

Agency Name: The Koval Group
Agency Phone: 503-548-8008

Shown By

Agent Name: Eric Andrews, Principal Broker
Agent Phone: (541) 771-1168
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 33,158.91 per month $31,350.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,808.33 Homeowner's Insurance

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Eric Andrews, Principal Broker
Eric Andrews, Principal Broker Office: (541) 323-2779 Cell: (541) 771-1168 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/08/2026. The listing information on this page last changed on 07/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/08/2026 12:10:37 AM EST) or RMLS (last updated Wed 07/08/2026 12:05:27 AM EST) or COAR/MLSCO (last updated Wed 07/08/2026 12:01:19 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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