Courtesy: Destined Realty Group
541-980-1148
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.
Lexington is located in Oregon. Lexington, Oregon has a population of 145. Lexington is less family-centric than the surrounding county with 21.95% of the households containing married families with children. The county average for households married with children is 37.25%.
The median household income in Lexington, Oregon is $36,875. The median household income for the surrounding county is $61,659 compared to the national median of $69,021. The median age of people living in Lexington is 50.9 years.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 12.9 inches per year, with 12.9 inches of snow per year.
