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344 SE Elm Street

Prineville, OR 97754
  • $399,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 220213823
Price Reduced
UPDATED: 27 min ago
$399,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Cascade Hasson SIR :.

Description

Excellent opportunity to acquire a well-located duplex with proven rental history in the heart of Prineville. This income-producing property offers the opportunity to own multiple doors and strong diversification for investors seeking steady cash flow and long-term upside. Consistent occupancy and solid rents support an attractive cap rate, with additional potential through operational efficiencies and future rent growth. Centrally located within town, the property offers convenient access to schools, shopping, dining, and employment centers—driving continued tenant demand. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, low-maintenance asset in a growing Central Oregon market.

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Central Oregon Association of Realtors logo © 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: .2026-03-05T14:43:56.26
www.arendsrealtygroup.com/homes/172171805
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344 SE Elm Street Prineville, OR 97754

  • Price: $399,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 27 min ago
  • MLS #: 220213823
2
Beds
2
Baths
0
½ Baths
0.15
Acres
1948
Built
Neighborhood:
Nwtown
County:
Crook
Area:
Prineville
Elementary School:
Barnes Butte Elem
Middle School:
Crook County Middle
High School:
Crook County High
Property Description
Excellent opportunity to acquire a well-located duplex with proven rental history in the heart of Prineville. This income-producing property offers the opportunity to own multiple doors and strong diversification for investors seeking steady cash flow and long-term upside. Consistent occupancy and solid rents support an attractive cap rate, with additional potential through operational efficiencies and future rent growth. Centrally located within town, the property offers convenient access to schools, shopping, dining, and employment centers—driving continued tenant demand. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, low-maintenance asset in a growing Central Oregon market.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Frame Exterior Features [] Foundation Details Slab Lot Features Landscaped Parking Features DrivewayGravelNo Garage Roof Composition Window Features Vinyl Frames

Interior Features

Appliances CooktopDishwasherDisposalRefrigeratorWater Heater Basement None Cooling None Cooling YN No Fireplace Features GasLiving Room Fireplace YN Yes Flooring CarpetConcreteVinyl Heating ElectricNatural GasWall Furnace Heating YN Yes Interior Features Primary Downstairs Levels One Unit1 Bedrooms 1 Unit1 Full Baths 1 Unit2 Bedrooms 1 Unit2 Full Baths 1

Property Features

Accessibility Features [] Additional Parcels YN No Association Amenities [] Association YN No Building Area Total 1906 CCRs YN No Common Walls No Common Walls Community Features [] Flood NA Yes Listing Terms CashConventional New Construction YN No Other Structures [] Property Sub Type Duplex Road Frontage Type [] Road Surface Type Paved Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 2158.47 Tax Year 2025 Unit1 Monthly Rent 675 Unit1 Rent Includes Garbage Yes Unit1 Rent Includes Landscaping Yes Unit1 Rent Includes Sewer Yes Unit1 Rent Includes Water Yes Unit2 Monthly Rent 925 Unit2 Rent Includes Garbage Yes Unit2 Rent Includes Landscaping Yes Unit2 Rent Includes Sewer Yes Unit2 Rent Includes Water Yes View [] Water Source Public Waterfront Features [] Zoning Description R2

Listing information © 2026 MLS of Central Oregon
Listing provided courtesy of Cascade Hasson SIR :.

Central Oregon Association of Realtors logo © 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: .2026-03-05T14:43:56.26
 
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Arends Realty Group | Ponderosa Properties, LLC
178 S Elm St Suite 102/103
Sisters OR, 97759
Listing provided courtesy of Cascade Hasson SIR :.