105 Arcade St

Lexington, OR 97839

$490,000
Price
—
Beds
—
Baths
2,779 Sq. Ft.
$176 / Sq. Ft.
2,779
Sq. Ft.
$176
per Sq. Ft.

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,...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.
  1. Listed by Destiny George • Destined Realty Group

Property Details for 105 Arcade Street

Parking Features
Off Street
Zoning
R
LISTING UPDATED: 02/03/2026 11:07 AM

Property Details for 105 Arcade Street

StatusActive
MLS #537126548
Days on MarketListed Today
Taxes$1,319 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2014
Lot Size0.36 AC / 15,681 SF
CountyMorrow County

Location

Listing Courtesy of Destined Realty Group
Add your commute

Building Information for 105 Arcade Street

Stories2Residences6Year Built2014Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$2,498 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,388

Property Taxes

$110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 105 Arcade Street

Summary
Location and General Information
  • Country: US
  • Directions: Corner of C St and Arcade St
  • Road Surface: Paved
School Information
  • Elementary School: Heppner
  • High School: Heppner
  • Middle Or Junior School: Heppner
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $1,318.90
  • Parcel Number: 3318
  • Tax Legal Description: PROPERTY:R3318, ORIGINAL TOWN OF LEXINGTON, 11, 4 & 5
Property
Lot Information
  • Acres: 0.36
  • Lot Description: Corner Lot, Public Road
  • Lot Size Square Feet: 15681.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 2014
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other, Wood Composite
  • Roof Type: Composition
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $41,880.00
  • Gross Rent Multiplier: $11.70
  • Net Income Actual: $28,318.00
  • Operating Expense: $13,562.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2779
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,250
  • Unit Type 1 SqFt: 926.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,185
  • Unit Type 2 SqFt: 927.0
  • Unit Type 2 Units Total: 2
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,055
  • Unit Type 3 SqFt: 926.0
  • Unit Type 3 Units Total: 3

Property History for 105 Arcade Street

DateEvent & SourcePriceAppreciation
Feb 5, 2021

Sold (Public Record)

Public Record #1451488564

$65,000

+3.1% / yr

Jun 11, 2018

Sold (Public Record)

Public Record #1347357830

$60,000

+10.1% / yr

Apr 4, 2011

Sold (Public Record)

Public Record #1347357432

$30,000—
DateEvent & SourcePrice
02/05/2021

Sold (Public Record)

Public Record #1451488564

$65,000

+3.1% / yr

06/11/2018

Sold (Public Record)

Public Record #1347357830

$60,000

+10.1% / yr

04/04/2011

Sold (Public Record)

Public Record #1347357432

$30,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 105 Arcade Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,319 ($110 / month)
Home Facts
Beds6Total Finished SqFt3,584 SqFtAbove Grade Finished SqFt3,584 SqFtLot Size15,682 SqFtStyleSingle Family ResidenceYear Built2014ZoningGR; FWCountyMORROWAPN01S2527DC-03700

Schools near 105 Arcade Street

This home is within Morrow School District 1.
Rating
School
Type
Grades
Distance
Heppner Elementary School
Public - K to 6
Heppner Junior/Senior High School
Public - 7 to 12
Morrow Education Center
Public - K to 12
Rating
School
Distance
Heppner Elementary School
PublicK to 6

Heppner Junior/Senior High School
Public7 to 12

Morrow Education Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 105 Arcade Street, Lexington, OR 97839

105 Arcade Street is a multi-family home for sale in Lexington, OR 97839. This listing's school district is Morrow School District 1. Nearby schools include Heppner Elementary School, Heppner Junior/Senior High School and Morrow Education Center. 105 Arcade Street is a 0-bed, 0-bath, 2,779 sqft multi-family home built in 2014.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Destined Realty Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 02/03/2026 11:07 AM