Quadplex with Large Storage
For Sale
$875,000
382 NE 10th Street, Prineville, OR 97754
Four residential units offer additional storage space and are currently tenant-occupied.
Property Size2,600 SF
Price / SF$336.54
Days on Market146
Property Features for 382 NE 10th Street
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Quadruplex
Net Operating Income
$56,100
Financials
Asking Price
$900,000
Cap Rate
6.2%
Gross Income
$71,400
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$527
Building Details
Building Size
2,600 SF
Year Built
2026
Listing Agency:
Stellar Realty Northwest
Listed By:
Eric Bilderback
(541) 508-9672
Source:
Brentkrebsrealty
Added: Jun 7
Changed: Oct 26
Last Checked: Oct 26 at 2:14PM
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 Stellar Realty Northwest
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 2,600 square feet and was built in 2026. Large storage areas are part of the property. The units are occupied, and access for an interior inspection is limited until an offer is accepted.
Key Highlights
- Quadplex with four residential units
- 2,600 square feet of building area
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,474
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,480
$729.5K
Cap Rate 7%
$521,057
$521.1K
Cap Rate 9%
$405,267
$405.3K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$56.2K $21.60/SF
− Vacancy
−$4.1K −$1.56/SF
EGI
$52.1K $20.04/SF
− OpEx
−$15.6K −$6.01/SF
NOI
$36.5K $14.03/SF
Area
Crook County, OR
Vacancy
7.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,480
Cap Rate 7%
$521,057
Cap Rate 9%
$405,267
Alternative Uses
Best Use
Multifamily LT 5
$521.1K
$455.9K – $607.9K
NOI $36,474 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$475.7K
$416.2K – $555.0K
NOI $33,297 @ 7.0% cap · market cap 3.81%
Theoretical Best
Specialty Retail
$1.12M
$982.8K – $1.31M
NOI $78,624 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer additional storage space and are currently tenant-occupied.
Where is this quadplex located?
The property is located at 382 NE 10th Street Prineville, OR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Quadplex with four residential units; 2,600 square feet of building area; Built in 2026
