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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,508 sqft
Price per Sqft $94
MLS Listing ID 220213821
Sold Date 08/27/26
Style Traditional
Year Built 1983
Annual Tax Amount $4,993
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.23
Property Sub-Type Quadruplex
Property Description
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.
Location
State OR
County Crook
Rooms
Basement None
Interior
Interior Features Fiberglass Stall Shower, Laminate Counters
Heating Electric
Cooling None
Exterior
Parking Features Driveway, Gravel, No Garage
Roof Type Metal
Building
Lot Description Fenced, Level
Foundation Block
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Block
New Construction No
Schools
High Schools Crook County High
Others
Senior Community No
Tax ID 13686
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Cascade East Association of Realtors
NEARBY SCHOOLS & BUSINESSES
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Stacey Sebastian
Principal Broker/Owner License ID: 201223336
Principal Broker/Owner License ID: 201223336



