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Lexington Triplex 105 Arcade 3 Unit Apartment Building $669,797 CAD ($223,266 CAD/Unit) Lexington, OR 97839
Executive Summary
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.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 926 - 927 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R03329 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $171,440 CAD |
Property Taxes
Parcel Number
R03329
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$171,440 CAD
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Presented by
Destined Realty Group
Lexington Triplex | 105 Arcade
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