1+ Bedroom Condos Near Downtown Shops for Sale in Oregon Under $350K

There are 5 condos for sale in OR, with 1 to 3 bedrooms, 1 to 3 bathrooms, and 696 to 1,350 square feet of living space. Displayed asking prices range from $179,900 to $349,900, and build years from 1970 to 1990. The largest, at 4 Touchstone 143, offers 3 bedrooms and 1,350 square feet for $295,000.

The condos in this collection sit close to the downtown core of Lake Oswego, where shops, cafes and restaurants line the streets around Oswego Lake. Millennium Plaza Park on the lake shore is a short walk from the main commercial blocks, and Foothills Park along the Willamette River adds an amphitheater and picnic pavilion to the mix. Further east, Mountain Park offers a recreation center and walking loops on the hillside above the lake.

Day to day, most residents rely on I-5 and OR-43 for commuting, with downtown Portland roughly 20 minutes north by car. Tryon Creek State Natural Area provides miles of trails within a short drive, and the Willamette River is close by for kayaking and riverside walks. The Lake Oswego School District serves the city, so buyers should confirm attendance boundaries address by address.

5 homes · starting from

$179,900

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Good to know

Buying in Lake Oswego

The questions buyers ask us most about this collection.

What is it like to live in downtown Lake Oswego?

Downtown Lake Oswego centers on the streets around Oswego Lake, where shops, cafes and restaurants are within walking distance of many homes. The area feels active during the day and calm in the evenings. Buyers who want to walk to errands often prioritize this part of town.

How long is the commute from Lake Oswego to downtown Portland?

Driving to downtown Portland usually takes about 20 minutes via I-5, though travel times lengthen during peak rush hours. OR-43 is another common route for residents heading north. Buyers who commute should test the drive at the hours they travel.

What should buyers check in a Lake Oswego condo HOA?

Review the HOA budget, reserve fund, and any history of special assessments before making an offer. Ask about pet rules, rental policies, and what the association covers, such as exterior maintenance, water, or landscaping. These details shape both monthly costs and long-term value.

Are there walkable shops and cafes near Lake Oswego condos?

The downtown core along State Street and A Avenue offers shops, cafes, and restaurants that many residents reach on foot. Walking times vary by complex, so it helps to check the exact route from any address. Some condos sit a bit farther out and rely more on the car.

Which school district serves Lake Oswego?

Most of Lake Oswego is served by the Lake Oswego School District. Attendance boundaries can differ by street, so buyers should confirm the assigned schools for any specific address with the district before buying.

What outdoor lifestyle does Lake Oswego offer condo buyers?

Millennium Plaza Park and Oswego Lake provide lake access and waterfront gathering space close to downtown. Tryon Creek State Natural Area and the trails around Mountain Park give residents places to hike and walk. The mix suits buyers who want an active routine without a large yard to maintain.