940 NW 2nd Street, Prineville, OR 97754

Prineville
Local realty services provided by:Duke Warner Realty ERA Powered
940 NW 2nd Street,Prineville, OR 97754
$4,100,000
  • - Beds
  • - Baths
  • 19,296 sq. ft.
  • Multi-family
  • Active
Listed by: ronald e ross
Office: compass commercial real estate
MLS#:220221478
Source:OR_SOMLS

Price summary

  • Price:$4,100,000
  • Price per sq. ft.:$212.48

About this home

Rio Vista Apartments located in high growth Central Oregon community of Prineville. 22 units in great shape with extensive upgrades including complete exterior paint, renovated parking lot, mini splits heating and cooling, and 8 year old metal roof. 6.9% cap rate on in place income with upside potential. Incredible Prineville location with golf course and Ochoco views. See offering memorandum attached in Other documents for complete information and financials. Co listed with Northmarq.

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Home facts

  • Year built:1973
  • Listing ID #:220221478
  • Added:47 day(s) ago
  • Updated:July 02, 2026 at 02:58 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:19,296 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless, Electric

Structure and exterior

  • Roof:Metal
  • Year built:1973
  • Building area:19,296 sq. ft.
  • Lot area:0.99 Acres
  • Lot Features:Landscaped
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Crook County High
  • Middle school:Crook County Middle
  • Elementary school:Check with District

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,100,000
  • Price per sq. ft.:$212.48
  • Tax amount:$13,709 (2025)

Parking

  • Parking description:Asphalt, Parking Lot

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