1505 NW Harwood, Prineville, OR 97754

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
1505 NW Harwood,Prineville, OR 97754
$545,000
  • - Beds
  • - Baths
  • 4,508 sq. ft.
  • Multi-family
  • Active
Listed by: brian john ladd, erik a chapin
Office: cascade hasson sir
MLS#:220213821
Source:OR_SOMLS

Price summary

  • Price:$545,000
  • Price per sq. ft.:$120.9

About this home

Rare opportunity to acquire a 4-plex in Prineville with low vacancy rate and immediate upside. Each of the four units features a 2-bedroom layout, driving consistent tenant demand and long-term rental stability. The property offers a fenced backyard, ample off-street parking, common laundry room and a functional layout well suited for low-maintenance ownership. Current occupancy provides investors stability and turn while creating a clear path to value and an attractive cap rate. Four-plex properties are increasingly difficult to find in this market—particularly at this price point. Centrally located within town near schools, services, and employment, making this an ideal opportunity for investors seeking multiple doors and growth potential in Central Oregon.

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Home facts

  • Year built:1983
  • Listing ID #:220213821
  • Added:6 day(s) ago
  • Updated:January 22, 2026 at 01:56 AM

Rooms and interior

  • Living area:4,508 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:1983
  • Building area:4,508 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$545,000
  • Price per sq. ft.:$120.9
  • Tax amount:$4,994 (2025)

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