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$1,350,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 3,003 Sq. Ft.
  • Updated 10 days ago
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Unique investment opportunity in the prestigious heart of Lake Oswego's First Addition! This is a duplex. Surrounded by luxury single-family residences, this well maintained 3,003 sq ft duplex generates $5,500/month gross revenue alongside unmatched long-term appreciation in one of Oregon's most coveted zip codes.Unit 1 (3 Bed | 1.1 Bath 1777 sqft) rents $3,100/month. Highlights include a spacious floor plan, cozy wood-burning fireplace, updated countertops, full dishwasher, in-unit washer/dryer, an attached garage, and private fenced yard. Unit 2 (2 Bed | 1 Bath | 1,226 Sq Ft) rents $2,400/month. Features a bright, well-scaled layout, wood-burning fireplace, updated countertops, dishwasher, dedicated in-unit washer/dryer, covered carport parking, and a private fenced yard. An unbeatable lifestyle location: minutes to boutique shopping, artisan dining, fitness studios, neighborhood parks, grocery and Oswego Lake. Perfect for the savvy owner occupant looking to live in one unit while subsidizing their mortgage, or the portfolio investor securing a low-vacancy asset in an irreplaceable location. Both units fully leased with a history of low turnover and established income. R-6 zoning includes single-family homes, duplexes, triplexes, townhomes, and cottage clusters *subject to specific lot-coverage, Floor Area Ratio (FAR), and design guidelines *buyer to do due diligence. Interior photos and floorplan are just of unit 653. PLEASE DO NOT DISTURB TENANTS

Full Property Details for 651 5th St

General

  • Price: $1,350,000
  • Taxes: $6,351
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 159415059
  • Updated: 10/28/2026
  • Added to Site: 11 day(s) ago

Interior

  • Interior Features: Luxury Vinyl Plank, Washer/Dryer
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Island

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5
  • Primary Bedroom: Upper
  • Bedroom 2: Upper
  • Bedroom 3: Upper

Other Rooms

  • Living Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Dining Room: Main

Exterior

  • Exterior Features: Fenced, Yard

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Total Spaces: 2

Location

  • County: Clackamas
  • Subdivision: FIRST ADDITION
  • Driving Directions: Between C and D

School Information

  • Elementary School: Forest Hills
  • Middle School: Lake Oswego
  • High School: Lake Oswego

Community

  • Community Name: 147 - Lake Oswego, West Linn

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: Traditional
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Windows: Double Pane Windows
  • Stories/Levels: 2
  • Square Feet: 3,003
  • Year Built: 1978
  • Property Condition: Resale

Lot Features

  • Lot Size: 5, 000 to 6, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $6,351.57
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: 29 1ST ADD TO OSWEGO LT 12&PT LT 11 BLK 26
  • Disclosures/Reports: Disclosure
  • Property ID: 196157

Listed by Harnish Company Realtors (503) 699-8483, Kelly Fitzmaurice (503) 490-5813

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Listing agent

— 651 5th St —

  • Kelly Fitzmaurice

    Harnish Company Realtors

    503-699-8483

harnish@harnishproperties.com

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 651 5th St

School District:Lake Oswego School District 7j
NameGradesDistance
Forest Hills Elementary School
1133 Andrews Road, Lake Oswego, OR 97034
K-50.4 mi
Lake Oswego Junior High School
2500 Country Club Road, Lake Oswego, OR 97034
6-81.6 mi
Lake Oswego Senior High School
2501 Country Club Road, Lake Oswego, OR 97034
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 651 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2026
Listed
$1,350,000
89.84%
MLS
7/25/2019
Sold
$711,130
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 651 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,352
3%
$331,465
3%
2024
$6,182
3%
$321,811
3%
2023
$6,001
12%
$312,438
6%
2021
$5,377
-8%
$294,503
-3%
2022
$5,823
8%
$303,338
6%
2021
$5,377
5%
$285,926
3%
2019
$5,113
5%
$277,599
3%
2018
$4,862
4%
$269,514
3%
2017
$4,692
10%
$261,664
3%
2016
$4,271
4%
$254,043
3%
2015
$4,126
1%
$246,644
3%
2014
$4,073
2%
$239,460
3%
2013
$3,992
—
$232,485
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 651 5th St

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NMLS#: 1598647

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Listed by Harnish Company Realtors (503) 699-8483, Kelly Fitzmaurice (503) 490-5813

651 5th St, Lake Oswego, OR 97034 (MLS# 159415059) is a Single Family property with 5 bedrooms, 2 full bathrooms and 2 partial bathrooms. 651 5th St is currently listed for $1,350,000 and was received on October 28, 2026. Want to learn more about 651 5th St? Do you have questions about finding other Single Family real estate for sale in Northwest Heights? You can browse all Northwest Heights real estate or contact a Coldwell Banker agent to request more information.

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