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105 Arcade St, Lexington, OR 97839

$490,000

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Property Description

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.

105 Arcade St | MLS# 537126548

This multi-family property located at 105 Arcade St, Lexington, OR 97839 is currently listed for sale with an asking price of $490,000. Search Lexington real estate on sherihilton.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fuel Type: Electricity
Heating: Forced Air
Roof Type: Composition
Stories: 2.0
Taxes: $1,319
Year Built: 2014
Square Feet: 2,779

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Features: Microwave, Range, Refrigerator, WasherDryer
Rent: $1250.00
Square Footage: 926
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 2
Features: Microwave, Range, Refrigerator, WasherDryer
Rent: $1185.00
Square Footage: 927
Total Units: 2
Unit Type 3:
Bathroom(s): 1
Bedrooms: 2
Features: Microwave, Range, Refrigerator, WasherDryer
Rent: $1055.00
Square Footage: 926
Total Units: 3

Feature Descriptions

Days on Site: 65
Exterior: Other, Wood Composite
Gross Income: $41880.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot, Public Road
Net Income: $28318.00 (Actual)
Operating Expenses: $13562.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 6
Water: Public Water

Local Schools

High School: Heppner
Middle School: Heppner
Elementary School: Heppner

Listed By / Shown By

Listed By

Agency Name: Destined Realty Group
Agency Phone: 541-980-1148

Shown By

Agent Name: Sheri Hilton, Broker
Agent Phone: (541) 550-6129
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 2,730.54 per month $2,477.71 Principal & Interest $109.92 Property Tax $142.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/11/2026. The listing information on this page last changed on 04/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/11/2026 12:23:25 AM EST) or RMLS (last updated Sat 04/11/2026 12:19:19 AM EST) or COAR/MLSCO (last updated Sat 04/11/2026 12:21:23 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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