Two-Unit Duplex
937 NW Cains Road # A Prineville, OR 97754
For Sale
$424,900
Newer duplex built in 2002 with two-bedroom units, single-car garages, and included appliances.
Property Size2,012 SF
Price / SF$211.18
Days on Market677
Property Features for 937 NW Cains Road # A
General Information
- Standard status
- Active
- Size
- 2,012 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2002
Listing Agency:
Mal & Seitz Bend
(503) 667-1200
Listed By:
Dan Mal · License #910700277
(503) 667-1200
Source:
Exitrealty
Added: Sep 16, 2024
Changed: Jul 22
Last Checked: Jul 24 at 6:22AM
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 Mal & Seitz Bend
Investment Insights
Based on property information with market context.
This newer duplex, built in 2002, offers two separate units in an open design. Each unit features two bedrooms and 1.5 bathrooms, with a large kitchen and plenty of storage space.
Both units include a single-car garage with a side yard. Unit A has a fenced side yard. All appliances are included in the sale, including the refrigerator, range, dishwasher, and washer/dryer.
The property is located at 937 NW Cains Road #A in Prineville, Oregon 97754. Please note there is no sign on the property, and Unit B is occupied; do not disturb the tenant in Unit B.
Both units include a single-car garage with a side yard. Unit A has a fenced side yard. All appliances are included in the sale, including the refrigerator, range, dishwasher, and washer/dryer.
The property is located at 937 NW Cains Road #A in Prineville, Oregon 97754. Please note there is no sign on the property, and Unit B is occupied; do not disturb the tenant in Unit B.
Key Highlights
- Duplex built in 2002 featuring two 2‑bedroom units.
- Each unit has 1.5 baths with an open design and large kitchen.
- Each unit includes a single‑car garage and a side yard.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $21.60 |
| − Vacancy | −$3.1k | −$1.56 |
| EGI | $40.3k | $20.04 |
| − OpEx | −$12.1k | −$6.01 |
| NOI | $28.2k | $14.03 |
2,012 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$403.2K
$352.8K – $470.4K
NOI $28,225 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$368.1K
$322.1K – $429.5K
NOI $25,767 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$869.2K
$760.5K – $1.01M
NOI $60,843 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newer duplex built in 2002 with two-bedroom units, single-car garages, and included appliances.
Where is this duplex located?
The property is located at 937 NW Cains Road # A Prineville, OR.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Duplex built in 2002 featuring two 2‑bedroom units.; Each unit has 1.5 baths with an open design and large kitchen.; Each unit includes a single‑car garage and a side yard.
