FIRST ADDITION Homes with Townhouse Style

Welcome to First Addition, one of Lake Oswego's most cherished subdivisions, where charm meets convenience in the heart of Oregon. Nestled in Clackamas County, First Addition is renowned for its picturesque tree-lined streets, vibrant community spirit, and easy access to the serene beauty of the nearby lake.

This delightful neighborhood is characterized by its unique townhouse-style homes, which blend modern elegance with traditional design. Each townhouse offers an inviting façade, spacious interiors, and thoughtful layouts that cater to both families and professionals alike. With multiple bedrooms and ample living space, these homes are perfect for those seeking a harmonious balance between comfort and style.

Living in First Addition means embracing a lifestyle enriched by community amenities and outdoor activities. Residents enjoy proximity to top-rated schools, charming local shops, and delightful dining options that showcase the best of Lake Oswego. The nearby parks and waterfront provide endless opportunities for recreation, whether you prefer a peaceful stroll, a picnic by the lake, or a day of kayaking.

First Addition is not just a place to live; it’s a place to thrive. The strong sense of community, combined with the stunning natural surroundings, makes this subdivision an ideal choice for anyone looking to call Lake Oswego home. Experience the warmth and charm of First Addition—where every day feels like a getaway, and your dream home awaits. Come explore this enchanting neighborhood and discover the perfect townhouse that suits your lifestyle!

Newest FIRST ADDITION Homes with Townhouse Style

$699,900

2 Beds ⋅ 2 Baths ⋅ 436777998 MLS

$699,900. Seller wants an offer! PARK YOUR CAR IN THE GARAGE AND BEGIN TO WALK...THE FARMERS MARKET IS JUST 4 BLOCKS AWAY. WALK, SHOP, AND BE HOME IN A FEW BLOCKS. We are the best priced 2 bedroom home in the desirable First Addition Lake Oswego, Oregon neighborhood. This townhome can service as your primary residence, weekend get away or an investment property. Again--NO HOA'S Located just a few blocks from the center of downtown in the sought-after Lake Oswego First Addition neighborhood. All that you could need is just blocks away. Shop local for all your home needs. The post office, restaurants, pharmacies, dentists and doctors are just blocks away. Enjoy stunning sunrises, vista views and the top half view of our iconic Mt. Hood. The location provides a quiet serene setting at the north end of the 6 unit building. It's ready for you to move right in and start living in the walkable neighborhood. The upper level has 2 bedrooms and 2 full bathrooms. The primary suite features a balcony showcasing our eastern views, full walk in shower bathroom, linen closet + double door closet. The main floor features hardwood floors, gas fireplace, balcony, living / dining room combo, kitchen, counter bar and 1/2 bath with your private balcony for your private outdoor comfort. A 1 car garage is attainable from the interior staircase with a utility sink, laundry and a additional 12 x 14 room for your extra living space. Approximately 1400 square feet. Live in and enjoy the most desirable neighborhood in Lake Oswego, Oregon. NO HOA'S

639 1ST ST, Lake Oswego

Start Your Search

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.