Movoto Real Estate
  • Other
  • Exterior
  • View/Area
  • Living
  • Bath
  • Bedroom
  • Kitchen
  • Entry Way

105 Arcade St, Lexington, OR 97839

  • $475,000

  • bed

  • bath

  • 2,779

    Sqft ($171/Sqft)

Multi-family for sale 125 days
$15K price drop
Learn about Lexington's top local Real Estate agents

About 105 Arcade St

Property type Multi-family
Neighborhood
Year built 2014
HOA fee $0/month
Lot size 0.36 Acre
Property description
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.
Listed by
Listing Agent - Destiny George
Listing Office - Destined Realty Group
Source: RMLS mls logo
MLS#537126548 • last updated 1 month ago
Movoto checked RMLS for data 12 minutes ago
Request a virtual or in-person tour
Overview
Cooling/AC Central Air
Heating Forced Air
MLS # 537126548
Type Multi Family
Status Active
Lot Size (SqFt) 15681
Lot Size (Acres) 0.36
Property Tax 1318.9
Year Built 2014
Exterior
Roof Composition
Exterior Features Other, WoodComposite
Lot Desc CornerLot, PublicRoad
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Morrow
Area 423 - Morrow Co: Lexington
Elementary School Heppner
Middle School Heppner
High School Heppner
Zoning R
Directions Corner Of C St And Arcade St
APN 3318
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1250
Unit Type 3: Rent 1055
Unit Type 2: Rent 1185
Total # of Units 6
Gross Rent Multiplier 11.34
Net Operating Income 28318
Operating Expense 13562
Gross Income 41880
Cap Rate 5.96
Lot/ Land Details
Road Surface Paved
Tour this home
When would you like to see 105 Arcade St?
question
Have a question about this property? Call us at (844) 430-0869
8/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 423 - Morrow Co: Lexington

Explore everything this neighborhood has to offer.
7/100
Walk
81/100
Family
0/100
Dining
58/100
Pet
  • Real Estate
  • OR
  • Morrow County
  • Lexington
  • 97839
  • 105 Arcade St

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Lexington, OR

Nearby recently sold homes in Lexington, OR

Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by Oregon MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Movoto are marked with the RMLS™ , and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 6/9/2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.