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105 Arcade St, Lexington, OR, 97839

12beds
6baths
2,779sqft
$475,000
$171price/sqft
$3,297/moest. monthly cost
$131,880/yrincome needed

About This Home

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.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10

Construction

Condition

  • Year built: 2014

Materials

  • Roof: Composition
  • Construction materials: Other,Wood Composite

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator,Washer/Dryer,Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,779
  • Total interior livable area: 2,779 sqft

Property

Details

  • Parcel number: 3318
  • Zoning: R

Features

  • Stories: 2

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot,SqFt 15000 to 19999

Parking

  • Parking features: Off Street