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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.
A rough estimate, not a quote. Loan amount $375,920 · $93,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
124 listings of every type for sale, 32 pending, 22 sold in the last 30 days. Point at a mark to read it, or slide the price.
In Prineville, in the Crooked River valley.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Prineville, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| Aug 27, 2026 | Price dropMlsStatus: Pending → Closed | $425,000$45K down |
| Aug 27, 2026 | Sold | $470,000 |
| Jul 6, 2026 | Pending | $470,000 |
| Jun 12, 2026 | Price change | $470,000$29K down |
| Jan 15, 2026 | Listed | $499,000 |
$104 per sq ft
222 days on market. Prineville median to pending is 61 days.
Tax $4,994 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Listing courtesy of Cascade Hasson SIR, agent Brian Ladd, 541-383-7600
Data last updated September 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Median close price $467,000 in Aug 2026, up 9.4% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Prineville city, monthly median close. Completed months only.
This home is listed at $470,000, 8.8% below the Prineville median list price. See full Prineville market →