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Well-Maintained Duplex Portfolio
For Sale
$2,700,000

1147 SW Tee Lane, Prineville, OR 97754

Block of six duplexes, twelve units, fully occupied, turnkey.

Property Size2,400 SF
Lot Size0.17 Acres
Price / SF$1,125
Days on Market183

Property Features for 1147 SW Tee Lane

General Information

Standard status Active
Size 2,400 SF
Lot size 0.17 Acres
Property subtype Multi-Family

Amenities

Fireplace
Fireplace(s)
Forced Air
Natural Gas
Dishwasher
Oven
Range
Refrigerator
Water Heater
Composition

Building Details

Building Size 2,400 SF
Year Built 2007
Listing Agency: Keller Williams Realty Central Oregon
Listed By: Brady Velikonia · License #201243904
Source: Kw
Added: Feb 19 Changed: Aug 19 Last Checked: Aug 20 at 7:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Central Oregon

Investment Insights

Based on property information with market context.

A portfolio of six duplexes, each situated on its own tax lot, is available. The properties comprise a total of twelve units. Each building measures 2,400 square feet, with individual units offering 1,200 square feet of living space. The units feature a two-bedroom, two-and-a-half-bathroom layout. Each bedroom includes an en suite bathroom. Recent improvements include new roofs and exterior paint on all buildings within the last two years. Each unit is equipped with a one-car garage and additional off-street parking. The properties are currently 100% occupied and professionally managed. The location is in a convenient and quiet area overlooking Meadow Lakes golf course. There are no HOA or CC&Rs.

Key Highlights

  • Turnkey portfolio of 6 duplexes (12 units) with 100% occupancy, providing immediate cash flow.
  • Each unit is spacious (1,200 sq ft) with 2 en suite bedrooms and 2.5 bathrooms, maximizing tenant appeal.
  • Each duplex is on its own tax lot, offering flexibility and potential for individual sales.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Butcher Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 97754, OR

21,627
Population
9,985
Households
2.2
Avg Household Size
46
Median Age
21%
College-Educated
90%
High-School Grad
1,370.6 sq mi
ZIP Area
16
Density / Sq Mi
$76,698
Median Household Income
$42,395
Median Earnings
$1,224
Median Rent
$397,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Block of six duplexes, twelve units, fully occupied, turnkey.
Where is this duplex located?
The property is located at 1147 SW Tee Lane Prineville, OR.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Turnkey portfolio of 6 duplexes (12 units) with 100% occupancy, providing immediate cash flow.; Each unit is spacious (1,200 sq ft) with 2 en suite bedrooms and 2.5 bathrooms, maximizing tenant appeal.; Each duplex is on its own tax lot, offering flexibility and potential for individual sales.
More about this property
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