105 ARCADE ST Lexington, OR $ 490,000
105 ARCADE ST
$ 490,000
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105 ARCADE ST

Lexington, OR, 97839
$ 490,000
Bedrooms6 Baths3.0 Sq 2,779

Monthly Estimate*

$ 3,017

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Multi-Family Home for sale in Lexington, OR

for $490,000 with 6 bedrooms and 3 full baths. This 2,779 square foot home was built in 2014 on a lot size of 0.36.

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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Multi-Family Active

Price

$ 490,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,318

Style

Lot Size

0.36

Year Built

2014

Town/City

Lexington

County/Region

Morrow

MLS | Web ID

537126548

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Zoning R
Year Built 2014
Stories Count 2
Tax Year 2025
Parcel Number 3318
Gross Income 41880.0
County Morrow
Net Operating Income 28318.0
Operating Expense 13562.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Corner of C St and Arcade St
High School Heppner
City Lexington
Disclosures Disclosure
Number Of Units Total 6
MLS Area _423
Lot Size Square Feet 15681.0
Listing Terms Cash Conventional
Elementary School Heppner
Tax Annual Amount 1318.9
Middle/Junior High School Heppner
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY:R3318 ORIGINAL TOWN OF LEXINGTON 11 4 & 5
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Exterior
Parking Features OffStreet
Lot Features CornerLot PublicRoad
Water Source PublicWater
Exterior Description Other WoodComposite
Building Area Total 2779.0
Lot Size Acres 0.36
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Internal Only
Street Number 1 105
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* Excluded Features
List By
Destined Realty Group

Broker

destiny.george@destinedrealtygroup.com

Email

Affordability Calculator

$3,127
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
$110
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
1950182 Elementary School
1949943 Middle School
Heppner High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$490,000 Listed Price

Map


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105 ARCADE ST, Lexington, OR, 97839 is a Multi-Family Home for sale at $490,000 with 2,779 sqft and a lot size of 0.36. 105 ARCADE ST has 6 bedrooms, 3.0 baths, and was built in 2014. The property's zip code is 97839 which is in Lexington, OR