Listing provided courtesy of Real Broker- MLS# 514764398MLS ProviderContact Information: 503-989-6123

562 2ND STLake Oswego, OR 97034

Condo · 2 Beds · 2 Full Baths · 1 Partial Bath · 1,370 Sq. ft.
$719,000 Active

562 2ND ST Overview

Time on Site:
25 days
Visits:
1

Charming townhome in the heart of downtown Lake Oswego. Tucked away in a quiet European-style courtyard in coveted First Addition, this beautifully appointed home offers the perfect blend of privacy, style, and walkability. The main level features an open-concept living and dining area with solid hardwood floors, a cozy gas fireplace and powder room. A sliding glass door opens to an attached private patio, perfect for morning coffee, outdoor dining, or evening entertaining. The kitchen includes stainless steel appliances, shaker cabinetry with Rejuvenation hardware, quartz countertops, and a functional layout that connects easily to the main living space. On the second floor you'll find two ensuite bedrooms with closet organizers and a conveniently located laundry. The third level features a bright open loft with expansive windows, vaulted ceilings and storage closets, perfect for a secluded living area or home office. Additional highlights include a newly installed Carrier furnace and heat pump/AC, new wall-to-wall carpeting throughout the second and third floors and a deeded garage with storage. Enjoy access to the beautifully maintained shared courtyard and an unbeatable First Addition location just blocks from downtown Lake Oswego shops, restaurants, the farmers market, library, grocery stores, parks, and more. Served by top-rated Lake Oswego schools, this is low-maintenance living in one of Lake Oswego's most desirable neighborhoods.

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562 2ND ST Facts & Features

  • Type Condo
  • Sq. ft. 1,370
  • Price/Sq.ft. $525

Details

General

Association/HOA

  • Association Amenities: All Landscaping,Exterior Maintenance,Front Yard Landscaping,Insurance,Maintenance Grounds,Management,Sewer,Trash,Water
  • Association Fee: 615.0
  • Association Fee Frequency: Monthly

School Information

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

Building Information

  • Year Built: 2005

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 147 - Lake Oswego, West Linn
  • Subdivision Name: First Addition

Tax Information

  • Tax Annual Amount: 6425.22
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 05015605, 05015629
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Zoning: condo

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1370.0

General Information

  • Appliances: Built-in Refrigerator,Dishwasher,Disposal,Free-Standing Gas Range,Gas Appliances,Range Hood
  • Basement: Crawl Space
  • Cooling: Heat Pump
  • Fireplace Features: Gas
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter
  • Heating: Heat Pump
  • Interior Features: Hardwood Floors,Laundry,Sprinkler,Tile Floor,Vaulted Ceiling(s),Wall to Wall Carpet
  • Security Features: Fire Sprinkler System
  • Stories: 3
  • Stories Total: 3
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 1.0

Lot Information

  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: Townhouse
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Patio,Sprinkler
  • Sewer: Public Sewer

562 2ND ST Neighborhood

Community

97034 (Lake Oswego) Demographics

49
Median Age
2,466
Population Density (per sq. mile)
79%
College Educated
$129,435
Estimated Median Income
6,226
Estimated Total Home Owners
1,929
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

562 2ND ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

562 2ND ST Market Data

Based on the last 30 days in this zip code

$1,863,058
Average List Price
$579
Average Price per Square Foot
20
Properties Sold
89
Average Days on Market
225
Properties for Sale
Calculations provided by Reliance Network

562 2ND ST History

Date Event Value Agent
6/4/2026Source: Regional MLS Added to Database
June 04, 2026