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For Sale

$490,000

105 ARCADE ST, Lexington, OR 97839

6 Beds
3 Baths
2,779 Sq.Ft.
Est. payment from /mo Get Pre-Approved

Property Description

Exceptional turnkey investment opportunity in Lexington, OR. This fully rented tri-plex underwent a comprehensive down-to-the-studs remodel in 2023, delivering true peace of mind for investors. Renovations included all-new electrical, plumbing, and insulation, in addition to updated interiors throughout. Each of the three units offers a functional 2-bedroom, 1-bath layout and includes all appliances plus in-unit washer and dryer. Major capital improvements also include a new HVAC system, water heater, and septic system, significantly minimizing future maintenance costs. Each unit is individually metered for electric and water, allowing for efficient expense management and increased net operating income. Well-maintained and income-producing from day one, this property presents a rare opportunity for stable cash flow with modern systems and long-term durability.
Exceptional turnkey investment opportunity in Lexington, OR. This fully rented tri-plex underwent a comprehensive down-to-the-studs remodel in 2023, delivering true peace of mind for investors. Renovations included all-new electrical, plumbing, and insulation, in addition to updated interiors throughout. Each of the three units offers a functional 2-bedroom, 1-bath layout and includes all appliances plus in-unit washer and dryer. Major capital improvements also include a new HVAC system, water heater, and septic system, significantly minimizing future maintenance costs. Each unit is individually metered for electric and water, allowing for efficient expense management and increased net operating income. Well-maintained and income-producing from day one, this property presents a rare opp...
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Interior

Full Bathrooms
3 Full Baths

Area & Lot

Total Area
2,779 Sq.Ft.
Lot Size
0.36 Acres
MLS® ID
537126548
Type
Multi-Family
Year Built
2014
Neighborhood
Lexington
Elementary School
Heppner
Middle School
Heppner
High School
Heppner

Exterior & Building

Stories
2
Water Source
Public Water
Roof
Composition
Lot Features
Corner Lot, Public Road
Parking
Off Street
Heat Type
Forced Air
Air Conditioning
Central Air
Sewer
Public Sewer

Finance

Reduced Price
Price Upon Request
Real Estate Taxes
$1,319/yr
Zoning
R
105 ARCADE ST
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Schedule a Tour

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Thank you for your interest in 105 ARCADE ST, Lexington, OR 97839. We are reviewing your request and will be in touch shortly!

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