1505 NW Harwood Street Prineville, OR $ 545,000
1505 NW Harwood Street
$ 545,000
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1505 NW Harwood Street

Prineville, OR, 97754
$ 545,000
Baths0.0 Sq 4,508

Monthly Estimate*

$ 3,356

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Studio

Multi-Family Home for sale in Prineville, OR

for $545,000. This 4,508 square foot home was built in 1983 on a lot size of 0.23.

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. Please note: a related property is also available at 344 SE Elm St.

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Multi-Family Active

Price

$ 545,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,993

Style

Traditional

Lot Size

0.23

Year Built

1983

Town/City

Prineville

County/Region

Crook

MLS | Web ID

220213821

Features
Interior
Interior Amenities Fiberglass Stall Shower Laminate Counters
Basement None
Flooring Carpet Vinyl
Common Walls No Common Walls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 0
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General
Sewer Public Sewer
Heating Electric
Cooling None
Roof Metal
Appliances Cooktop Dishwasher Dryer Oven Refrigerator Washer Water Heater
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Block
Year Built 1983
View Territorial
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Crook
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name CLACC
Status Active
High School Crook County High
City Prineville
Zoning Description R4
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N N
Elementary School Barnes Butte Elem
Land Lease Y/N N
Tax Annual Amount 4993.89
Home Warranty Y/N N
Middle/Junior High School Crook County Middle
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type None
Standard Status Active
Tax Lot 10
Senior Community None
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Exterior
Parking Features Driveway Gravel No Garage
Lot Features Fenced Level
Water Source Public
Lot Size Area 0.23
Foundation Details Block
Spa N
Building Area Total 4508.0
Lot Size Acres 0.23
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Internal Only
Street Number 1 1505
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* Excluded Features
List By
Brian John Ladd

Listing Agent

Cascade Hasson Sir

Broker

Affordability Calculator

$3,772
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,356
Monthly Property Taxes
$416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2915610 Elementary School
2915631 Middle School
Crook County High High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$545,000 Listed Price

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1505 NW Harwood Street, Prineville, OR, 97754 is a Multi-Family Home for sale at $545,000 with 4,508 sqft and a lot size of 0.23. 1505 NW Harwood Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 97754 which is in Prineville, OR