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18211 INDIAN CREEK DR Lake Oswego, OR 97035
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Key Details
Sold Price $830,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $376
Subdivision Bryant Woods
MLS Listing ID 23074586
Sold Date 06/12/24
Year Built 1973
Annual Tax Amount $6,663
Tax Year 2023
Property Description
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.
Location
State OR
County Clackamas
Community Commons, Pool
Area _147
Zoning R7.5
Rooms
Basement Crawl Space
Interior
Heating Wall Furnace
Cooling None
Exterior
Community Features Commons, Pool
Roof Type Composition
Garage No
Building
Lot Description Level, Private
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools River Grove
Middle Schools Lakeridge
High Schools Lakeridge
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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