This property presents an exceptional multi-residential opportunity nestled in Lake Oswego, featuring an existing single-family residence with a short-term tenant. Approved entitlements allow for the development of an 8-unit multi-use building complex complete with attached commercial space and ample parking.

Building A (6,057 SF) and Building B (6,724 SF) total 12,781 SF including garage space, offer a well-designed unit mix comprising 7 units with 2 bedrooms and 2.1 baths each, alongside 1 unit featuring 1 bedroom and 1 bath, all accompanied by two-car garages. Additionally, a unit designated for commercial use on the ground floor, complemented by sufficient parking provision with a total of 18 spots available.

Situated on a flat 0.37-acre lot within the renowned Lake Oswego school district, this property is very walkable to Lake Grove restaurants and shopping and presents an excellent investment opportunity in a highly desirable location.