**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.
Active
Price cut: $50K (8/27)
$1,050,000
7189 SW Childs Rd, Lake Oswego, OR 97035
8beds
3,920sqft
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
Practical functional layouts
- 40 days
- 642
- 34
Zillow last checked:
Listing updated:
Listed by:
Phelan Van Deren 503-936-8815,
Opt
Source: RMLS (OR),MLS#: 536639134
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Refrigerator, Electric Water Heater
Features
- Basement: None
Interior area
- Total structure area: 3,920
- Total interior livable area: 3,920 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Off Street
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.33 Acres
- Features: Level, Trees, SqFt 10000 to 14999
Details
- Parcel number: R1001301
- Zoning: RMH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- T111 Siding, Wood Composite
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- Approximately
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: All Landscaping, Pool
- Subdivision: East Tualatin
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $268/sqft
- Annual tax amount: $7,518
- Date on market: 8/6/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 6276
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $1,050,000-4.5%$268/sqft |
Source:  RMLS (OR) #536639134 Report a problem | ||
| 8/7/2026 | Listed for sale | $1,100,000$281/sqft |
Source: RMLS (OR) #536639134 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97035
Nearby schools
Schools provided by the listing agent
- Elementary: Bridgeport
- Middle: Hazelbrook
- High: Tualatin
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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