Garden-Style Multifamily Apartment
For Sale
Contact for pricing
Pending
3855 SW Lake Grove Avenue, Lake Oswego, OR 97035
30-unit apartment community in four buildings with off-street resident parking and one- to three-bedroom layouts.
Property SizeContact for details
Days on Market121
Property Features for 3855 SW Lake Grove Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
30
Building Details
Year Built
1963
Listing Agency:
HFO Investment Real Estate
Listed By:
Greg Frick · License #OR 930500329
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 7 at 5:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HFO Investment Real Estate
Investment Insights
Based on property information with market context.
Laurelwood is a 30-unit apartment community consisting of one-, two-, and three-bedroom units, with a majority of two-bedroom apartments. The property was built in 1963 and is spread across four buildings. Off-street resident parking is available. Some unit interiors have been updated, and the remaining units present a value-add opportunity.
The community is located in a wooded area just off SW Boones Ferry Road, a main thoroughfare in Lake Oswego, with access to Interstate 5. Laurelwood is across the street from Lake Grove Elementary School. Oswego Lake is minutes away, along with dining and shopping in the surrounding area.
The asset’s overall configuration is a multi-building garden-style apartment community designed around residential parking access and a range of apartment sizes suitable for varied household needs.
The community is located in a wooded area just off SW Boones Ferry Road, a main thoroughfare in Lake Oswego, with access to Interstate 5. Laurelwood is across the street from Lake Grove Elementary School. Oswego Lake is minutes away, along with dining and shopping in the surrounding area.
The asset’s overall configuration is a multi-building garden-style apartment community designed around residential parking access and a range of apartment sizes suitable for varied household needs.
Key Highlights
- 30‑unit apartment community in Lake Oswego, OR across from Lake Grove Elementary School
- Built in 1963 with one-, two-, and three‑bedroom unit layouts
- Most units are two‑bedroom apartments
Property Analytics
Current Use
Lease Details
30
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,893
Businesses Nearby
Explore this area
Business Placement
Demographics for 97035, OR
25,770
Population
11,822
Households
2.2
Avg Household Size
44
Median Age
73%
College-Educated
99%
High-School Grad
5.8 sq mi
ZIP Area
4,443
Density / Sq Mi
$126,866
Median Household Income
$75,523
Median Earnings
$1,951
Median Rent
$790,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 30-unit apartment community in four buildings with off-street resident parking and one- to three-bedroom layouts.
Where is this apartment building located?
The property is located at 3855 SW Lake Grove Avenue Lake Oswego, OR.
What are key features of this property?
This property features: 30‑unit apartment community in Lake Oswego, OR across from Lake Grove Elementary School; Built in 1963 with one-, two-, and three‑bedroom unit layouts; Most units are two‑bedroom apartments
