1505 NW Harwood StreetPrineville, OR 97754
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.
- Property Type:
Residential Income
- Architectural Style:
Traditional
- Bedrooms:
- Bathrooms:
0
- Dwelling Size:
0 SqFt
- Lot Size:
0.23 Acres
- Lot Description:
- Stories:
- Year Built:
1983
- Interior Features:
Fiberglass Stall Shower, Laminate Counters
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Driveway, Gravel, No Garage
- Area:
- Views:
Territorial
- Schools:
High School(s): Crook County High
Middle School(s): Crook County Middle
Elementary School(s): Barnes Butte Elem
- HOA:
- Senior Community:
- Heating:
Electric
- Cooling:
None
- Appliances:
Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer, Water Heater
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
- Foundation:
Block
- Roof:
Metal