Property profile

177 Deer St Prineville, OR 97754

OFF-MARKET
Residential income homes
Property ID
US71-1639448
1,306 SF 0.17 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional investment opportunity presents a charming two-unit duplex nestled in the heart of Prineville, Oregon. Built in 1950 and extensively renovated in 2021, this property boasts a total of 1,306 square feet situated on a sizable 0.17-acre lot. The duplex features two individual units, each offering one bedroom and one bathroom, complete with in-unit laundry (washer and dryer). Modern updates include newer laminate flooring throughout. Each unit also benefits from a private, small yard. The property's convenient location places it within easy walking distance of downtown Prineville's shops and restaurants, offering tenants a vibrant and walkable lifestyle. The property is zoned R2, providing potential for future expansion or alternative uses, subject to local regulations. This turnkey investment is ideal for both seasoned and first-time investors seeking a strong return in a desirable location. The property's strong rental history and updated condition make it a low-maintenance, high-yield investment. The asking price is $375,000. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Oregon community.

Property profile

Verified
Property type Residential income homes
Year built 1950
Total area 1,306 SF
Lot 0.17 ac (7,405 SF)
UPID US71-1639448

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

177 Deer St Prineville, OR 97754
Prineville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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