Discover this exceptional triplex investment opportunity located in a peaceful neighborhood! This property features three spacious units, each with 3 bedrooms and 2 full baths, offering nearly 1,500 square feet of open living space. Stable Investment with strong rental history and with consistent occupancy rates. This prime location is ideally situated near top-rated schools, making it an attractive choice for families. Enjoy the outdoors with nearby parks and softball fields within walking distance. Enjoy private outdoor living in each unit with its own fenced back yard, providing a safe and private space for relaxation, gardening, or play. Ample off-street parking for residents and guests. Whether you're a seasoned investor or looking to start your real estate portfolio, this triplex offers great potential for cash flow and appreciation in value. Don't miss out and bring your offer today! PHOTOS COMING SOON!
Rare opportunity to acquire a 4-plex in Prineville with low vacancy rate and immediate upside. Each of the four units features a 2-bedroom layout, driving consistent tenant demand and long-term rental stability. The property offers a fenced backyard, ample off-street parking, common laundry room and a functional layout well suited for low-maintenance ownership. Current occupancy provides investors stability and turn while creating a clear path to value and an attractive cap rate. Four-plex properties are increasingly difficult to find in this market—particularly at this price point. Centrally located within town near schools, services, and employment, making this an ideal opportunity for investors seeking multiple doors and growth potential in Central Oregon.
Step into an investment that works from day one. This income-producing triplex generates steady monthly cash flow with established tenants already in place. Multiple units create diversified rental income streams, reducing vacancy risk and ensuring consistent returns. This cash-flowing triplex offers strong income with meaningful improvements already completed. The owner has made electrical updates, cosmetic upgrades, and brought rents up to market rates, ensuring stable performance and reduced upcoming maintenance. This is a high-performing asset with both immediate cash flow and room for growth. Unit 1: Spacious 3-bed, 1-bath, 1,200 SF residence offering strong rental demand. Unit 2: Well-appointed 2-bed, 1-bath, 812 SF unit designed for steady cash flow. Unit 3: Efficient 1-bed, 1-bath, 500 SF unit perfect for maximizing rental income per square foot. Bonus Income Opportunity: Detached 30' x 18' garage/shop plus a 30' x 16' carport, ideal for additional rental income.
Great investment opportunity in the heart of Prineville! This well-located duplex on a corner lot features two units—one 2 bed, 1 bath and one 2 bed, 2 bath with a large walk-in closet. Both units include single-car garages, driveways, covered back patios, and ample street parking. Long-term tenants are in place with a history of regular rent increases, and both units have upcoming rent adjustments, adding value for the new owner. An irrigation well services the yard sprinkler system for easy maintenance. Don't miss this prime opportunity.
Price Improvement! Great investment opportunity! Newer duplex built in 2002. Each unit is 2-bedroom, 1 and 1/2 bath - very open design with large kitchen and plenty of storage. Each unit has single car garage with side yard. Unit A has fenced side yard. All appliances included: refrigerator, range, dishwasher, washer/dryer. No sign on property- DO NOT DISTURB TENANT IN UNIT B.
Great investment opportunity! Newer duplex built in 2002. Each unit is 2-bedroom, 1 and 1/2 bath - very open design with large kitchen and plenty of storage. Each unit has single car garage with side yard. Unit A has fenced side yard. All appliances included: refrigerator, range, dishwasher, washer/dryer.No sign on property- DO NOT DISTURB renter IN UNIT B.Property is located in Floodplain. Buyers to verify schools.
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Prineville is located in Oregon. Prineville, Oregon has a population of 10,611. Prineville is less family-centric than the surrounding county with 23.02% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Prineville, Oregon is $44,167. The median household income for the surrounding county is $64,820 compared to the national median of $69,021. The median age of people living in Prineville is 40.9 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 10.1 inches per year, with 11.4 inches of snow per year.