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Updated 2 hours ago

European-inspired Luxury In The Heart Of First Addition


524 2nd St Lake Oswego, OR

2 Bed
2 Bath

1,700 Sq. Ft.

Available starting Jul. 1st
2 Beds • 2 Bath
$3,645
1700 ft2
1 Available
Managed By: North Star Properties
-
$3,645
Available Jul 1st, 2026
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Amenities
Refrigerator
Fireplace
Garbage Disposal
Range / Oven
Microwave
Smart Thermostat
Stainless Appliances
Property details
Description

Nestled in the heart of coveted First Addition, this beautifully appointed townhome offers the perfect balance of timeless elegance, modern comfort, and unbeatable walkability. Tucked away along a charming European-style courtyard, this exceptional residence provides a peaceful retreat just moments from the vibrant energy of downtown Lake Oswego.
Step inside to discover an inviting open-concept main level featuring hardwood floors, abundant natural light, and a cozy gas fireplace that anchors the spacious living and dining areas. French doors open to a private deck, creating the perfect setting for morning coffee, outdoor dining, or relaxing evenings surrounded by greenery. The gourmet kitchen is thoughtfully designed with stainless steel appliances, granite countertops, generous cabinetry, and ample prep space for effortless entertaining.
Upstairs, two spacious ensuite bedrooms offer comfort and privacy, including a luxurious primary suite with custom closets and plush wall-to-wall carpeting. A versatile loft area provides the ideal space for a home office, reading nook, or creative retreat, while the conveniently located upper-level laundry adds everyday ease.
The lower level features a flexible bonus room or family space—perfect for a media room, gym, guest retreat, or additional entertaining area. Additional highlights include an attached oversized garage with storage, off-street parking for an additional vehicle, central air conditioning, and access to the beautifully maintained shared courtyard.
Enjoy an unparalleled lifestyle just steps from Lake Oswego’s renowned restaurants, boutiques, farmers market, library, parks, and grocery stores—all within one of the area’s most sought-after neighborhoods. Served by top-rated Lake Oswego schools, this exceptional home truly captures the best of downtown living with privacy, charm, and sophistication.
Submit a pet bio for approval. (Size, age, breed, along with a photo)
No Smoking or Vaping allowed.
Forest Hills Elementary
Lake Oswego Junior High School
Lake Oswego High School
North Star requires proof of insurance of $1M (one million dollars) before move in.
Please refer to our website listing for an accurate reflection of amenities reported by the owner: https://northstarproperties.com/portland-properties/
An approved application does not constitute contract or lease agreement with the management company or homeowner.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (503) 969-8391
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for European-inspired Luxury In The Heart Of First Addition by bedroom type below.
2 Bedroom
Suggested income:
$131,200
per year
Rent report

European-inspired Luxury In The Heart Of First Addition Rent vs. Lake Oswego Average

 European-inspired Luxury In The Heart Of First Addition      Lake Oswego Average
2BR
$3,645
$2,030
$0
$1,200
$2,400
$3,600
$4,800

European-inspired Luxury In The Heart Of First Addition is asking 80% more than the average 2 bedroom apartment in Lake Oswego.

If you upsized to an average priced Lake Oswego 3 bedroom apartment, you would pay 29% more per month.

If you downsized to an average priced Lake Oswego 1 bedroom apartment, you would pay 20% less per month.

European-inspired Luxury In The Heart Of First Addition provides 79% more square footage than the average Lake Oswego 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
European-inspired Luxury In The Heart Of First Addition
2BR $3,645 $2.10 $10,935
Lake Oswego Average
Studio $1,432 $2.60 $4,296
1BR $1,690 $2.50 $5,069
2BR $2,030 $2.10 $6,091
3BR $2,871 $2.10 $8,614

Availability in Lake Oswego

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 78 2BR units on the market in Lake Oswego. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
1% 29% 58% 11%
Available Units in Lake Oswego
Studio 2
1BR 39
2BR 78
3BR 15
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Providence Milwaukie Hospital 2.66 mi.
Legacy Meridian Park Medical Center 4.71 mi.
Kaiser Sunnyside Medical Center 5.16 mi.
Nearby Fire Stations
Name Distance
Lake Oswego Fire Department 0.08 mi.
Oak Grove Fire District 1.6 mi.
Goodwill Volunteer Fire Department 1.6 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 01, 2026.
What's the square footage of the available units?
It's 1,700 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
European-inspired Luxury In The Heart Of First Addition has a 2 bedroom unit starting at $3,645.
Where is this property located?
This property is at 524 2nd St in Lake Oswego, OR. It's 0.2 miles east from the center of Lake Oswego.
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