1855 NE 3rd Street Prineville, OR
$ 568,000
Property Attributes
  • MLS#220106723
  • TypeMulti-Family
  • CountyCROOK
  • CityPrineville
  • NeighborhoodClacc
  • Zip97754
  • StyleCottage/Bungalow
  • Year Built1940
  • Taxes3799
  • Price$ 568,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3524
  • Lot Size0.78 Acres
Listing Provided Courtesy Of:
Coldwell Banker Bain
Property Description

Prime investment/redevelopment opportunity with rental income are one of the truly special & versatile components of this rare offering. Comprised of 3 tax lots, portfolio includes 3 homes & vacant lot of 10,890/sq.ft. that could be developed for additional duplex/multi-family units. Zoning offers a blend of front commercial (C2) w/residential (R2) and is in the path of progress for future commercial redevelopment opportunity on the east retail corridor. Access from 3rd street shared with Club Pioneer & from Laughlin/7th Street. Strong rental occupancy history from the 2 front cottage homes w/additional income generated from renting the owner occupied large home. C2 zoning allows most commercial uses, rare & unique opportunity enjoy monthly income 5%+ CAP rate & land bank for future commercial /multi-family redevelopment. Close to Grocery Outlet, Ochoco Plaza, adjacent to Club Pioneer. Huge upside opportunity. Heritage property within its own well-maintained oasis & park-like setting.

Elementary School Middle School High School
Barnes Butte Elem Crook County Middle Crook County High
Price History
8/7/2020 Listed $568,000

General Features

# Of Units Total 3
Additional Features Separate Electric Meters
Appliances Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Association? No
Community Features Dog Park, Gas Available, Park, Pickleball Court(s), Playground, Sport Court, Tennis Court(s), Trail(s)
Construction Materials Frame
Cooling None
Flooring Carpet, Vinyl
Heating Forced Air, Natural Gas
Levels One
New Construction Y/N No
Property Sub Type Multi Family
Property Type C
Roof Metal
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Subdivision Name CLACC
View Territorial
Zoning C2, R2

Interior Features

Common Walls No Common Walls
Fireplace Features Gas
Interior Features Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Linen Closet, Shower/Tub Combo
Window Features Aluminum Frames, Double Pane Windows

Exterior Features

Exterior Features Fire Pit, Patio
Foundation Slab
Lot Description Fenced, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Lot Size Acres 0.78
Lot Size Square Feet 33977.00
Other Structures Storage
Parking Details: # Of Carports 3
Parking Details: # Of Other Parking 3
Parking Features Attached Carport, Concrete, Driveway, Gravel, No Garage
Road Surface Type Paved
Style Cottage/Bungalow
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97754

AVG $430K
AVG $2,861
AVG 33
Year Built
AVG 1958
AVG 58
Data Provided by Walkscore ® not using MLS data

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