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940 NW 2nd Street, 
Prineville, OR 97754

$4,100,000

—

Bed

—

Bath

19,296

Sq Ft

Multi-Family

Active

Listed by

Ronald E Ross

, 

Terrence O'Neil

Compass Commercial Real Estate

541-383-2444

Last updated:

June 3, 2026, 02:29 PM

MLS#

220221478

Source:

OR SOMLS

About This Home

940 NW 2nd Street

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.

Home Facts

Multi-Family

Built in 1973

Price Summary

4,100,000

$212 per Sq. Ft.

MLS #:

220221478

Last Updated:

June 3, 2026, 02:29 PM

Added:

20 day(s) ago

Rooms & Interior

Interior

Living Area:

19,296 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

19,296 Sq. Ft.

Year Built:

1973

Lot

Lot Size (Sq. Ft):

43,124

Finances & Disclosures

Finances

Price:

$4,100,000

Price per Sq. Ft:

$212 per Sq. Ft.

Source:OR SOMLS
The information being provided by Oregon Data Share is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Oregon Data Share All rights reserved. OR SOMLS Member Broker: Gregg Lane

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.