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.
-
7BEDS
-
0.23ACRES
-
4BATHS
-
01/2 BATHS
School Information
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.
© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2026-02-06T16:43:50.283