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.
Active
$490,000
105 Arcade St, Lexington, OR 97839
12beds
2,779sqft
Est.:
Multi Family
Built in 2014
-- sqft lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
Updated interiors throughoutIn-unit washer and dryerIncludes all appliances
- 14 days |
- 261 |
- 8 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 03:07am
Listed by:
Destiny George 541-980-1148,
Destined Realty Group
Source: RMLS (OR),MLS#: 537126548
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Range, Refrigerator, Washer/Dryer, Electric Water Heater
Interior area
- Total structure area: 2,779
- Total interior livable area: 2,779 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 0.36 Acres
- Features: Corner Lot, SqFt 15000 to 19999
Details
- Parcel number: 3318
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Wood Composite
- Roof: Composition
Condition
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lexington
Financial & listing details
- Price per square foot: $176/sqft
- Annual tax amount: $1,318
- Date on market: 2/3/2026
- Listing terms: Cash,Conventional
- Total actual rent: 6785
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Listed for sale | $490,000$176/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,670/mo
Principal & interest
$2335
Property taxes
$335
Climate risks
Neighborhood: 97839
Nearby schools
GreatSchools rating
- 8/10Heppner Elementary SchoolGrades: K-6Distance: 8.9 mi
- 8/10Heppner Junior/Senior High SchoolGrades: 7-12Distance: 8.2 mi
Schools provided by the listing agent
- Elementary: Heppner
- Middle: Heppner
- High: Heppner
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
