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Listing provided courtesy of Destined Realty Group- MLS# 537126548MLS Provider

105 ARCADE STLexington, OR 97839

Multi-Family · 2,779 Sq. ft. | 0.36 Acres
$475,000 Active

105 ARCADE ST Overview

Time on Site:
146 days
Visits:
5

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.

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105 ARCADE ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,779
  • Price/Sq.ft. $171
  • Lot 0.36 Acres

Details

General

School Information

  • Elementary School: Heppner
  • Middle Or Junior School: Heppner
  • High School: Heppner

Income/Expenses

  • Gross Income: 41880.0
  • Net Operating Income: 28318.0
  • Operating Expense: 13562.0

Building Information

  • Year Built: 2014

Location/Region

  • Country: US
  • County Or Parish: Morrow
  • MLS Area Major: 423 - Morrow Co: Lexington

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 1318.9
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 3318
  • Property Type: Multi Family
  • Zoning: R

Interior

Building Interior

  • Building Area Total: 2779.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Features: Corner Lot,Public Road
  • Lot Size Acres: 0.36
  • Lot Size Square Feet: 15681.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 6
  • Sewer: Public Sewer

105 ARCADE ST Neighborhood

Community

97839 (Lexington) Demographics

53
Median Age
2
Population Density (per sq. mile)
37%
College Educated
$38,542
Estimated Median Income
111
Estimated Total Home Owners
17
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

105 ARCADE ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

105 ARCADE ST Market Data

Based on the last 30 days in this zip code

$799,333
Average List Price
$553
Average Price per Square Foot
0
Properties Sold
203
Average Days on Market
3
Properties for Sale
Calculations provided by Reliance Network

105 ARCADE ST History

Date Event Value Agent
5/5/2026Source: Regional MLS Price Reduction
$475,000 -3.1%
2/3/2026Source: Regional MLS Added to Database
February 03, 2026