18211 INDIAN CREEK DR Lake Oswego, OR $ 799,000
18211 INDIAN CREEK DR
$ 799,000
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18211 INDIAN CREEK DR

Lake Oswego, OR, 97035
$ 799,000
Bedrooms6 Baths2.0 Sq 2,204

Monthly Estimate*

$ 5,310

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Multi-Family Home for sale in Lake Oswego, OR

for $799,000 with 6 bedrooms and 2 full baths. This 2,204 square foot home was built in 1973.

Fabulous and rare duplex in Lake Oswego's desirable Bryant Woods neighborhood. Each unit offers 3 Bedrooms, 1 Full Bath and 1,102 sq feet of living space including a wood burning fireplace with a detached 1 car garage. Great investment opportunity or Live-In one side and receive income from the other. In 2017, the roof and gutters were replaced and the exterior repainted. Both units have been replumbed. Photos with vacant rooms are of 18211 (Unit 2), which was tastefully renovated in 2016/2017, including completely new kitchen with custom cabinetry with a tile backsplash as well as an LVT floor with "Bamboo" look, new carpet in bedrooms, new appliances, removal & abatement of original popcorn ceiling and a new Cedar deck. Photos of furnished rooms are of 18213 (Unit 1)which has had more limited updates including newer kitchen appliances and newer paint in kitchen and bath. It has been rented to the same tenant for 20+ years and is rented for significantly less than market value. Sellers estimate it would rent for a minimum of $1800 with minimal updates. Both units have fully fenced backyards. Both units have tenants on month to month leases. With access to a neighborhood pool, the Lake Grove swim park, extensive walking trails, adjacent to Lakeridge Middle School and a short distance from the new River Grove Elementary school the location is unbeatable.

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Multi-Family Pending

Price

$ 799,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,663

Style

Year Built

1973

Town/City

Lake Oswego

County/Region

Clackamas

MLS | Web ID

23074586

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Composition
Zoning R7.5
Year Built 1973
Stories 1
Tax Year 2023
Gross Income 39600.0
Community Features Commons Pool
County Clackamas
Net Operating Income 26710.0
Operating Expense 12890.0
Property Type MultiFamily
Subdivision Name Bryant Woods
Rent Includes MaintenanceGrounds
Status Pending
Directions Indian Creek Dr at Deer Oak Ave
High School Lakeridge
City LakeOswego
Disclosures Disclosure
Total Units 2
MLS Area _147
Street Name INDIAN CREEK
Listing Terms Cash Conventional
Elementary School River Grove
Tax Annual Amount 6663.7
Middle/Junior High School Lakeridge
Property Condition Restored
Virtual Tour https://listings.ruummedia.com/sites/dkalbna/unbranded
Days on Market 140
Standard Status Pending
Legal Description 1881 BRYANT WOODS LT L
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 3
Street Suffix DR
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Detached
Lot Features Level Private
Water Source PublicWater
Total Parking 2.0
Exterior Description WoodSiding
Building Area Total 2204.0
Road Surface Type Paved
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Internal Only
Street Number 1 18211
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* Excluded Features
List By
Keller Williams Realty Portland Premiere

Broker

larajames@kw.com

Email

Affordability Calculator

$5,866
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,310
Monthly Property Taxes
$555
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1951124 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2024$799,000 -3.15% Price Down
11/16/2023$825,000 -2.94% Price Down
10/26/2023$850,000 Listed Price

Map


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18211 INDIAN CREEK DR, Lake Oswego, OR, 97035 is a Multi-Family Home for sale at $799,000 with 2,204 sqft. 18211 INDIAN CREEK DR has 6 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 97035 which is in Lake Oswego, OR