Courtesy: Keller Williams Realty Central Oregon
541-585-3760
Rare Central Oregon investment opportunity -- two well maintained and managed duplexes on a single tax lot, totaling four 2BD/2BA units (~1,272 SF each per county), 100% occupied with immediate day-one cash flow. Each unit features an attached finished single-car garage and private fenced outdoor backyard space. Brand-new roofs on both buildings within the last 12 months eliminate the single biggest capital expense concern for investors. This sale includes an on-site owner/manager storage shed -- ready to be stocked with supplies and immediately accessible -- a genuine operational asset rarely found with investment properties. Situated on a quiet, private flag lot less than a quarter mile from Quartz Park and the Dry Canyon Trail system, nearby shopping and access to Highway 97, attracting quality long-term tenants who value Redmond's outdoor lifestyle. No HOA. As-is sale.
Courtesy: Keller Williams PDX Central
503-548-4848
Are you looking to add to your property portfolio, this is it! A truly fabulous fourplex that has been well maintained throughout. It’s located in a quiet neighborhood surrounded by sidewalks and well cared for homes. This property sits on an ideal corner lot. All units are townhome style with an open concept floorplan. They come with full kitchen appliances, washers and dryers. Many updates have already been made throughout and vary per unit. Some highlights include newer appliances, luxury vinyl plank flooring, carpet, interior paint, blinds, baseboards, hardware and plumbing fixtures. Units 1 & 4 are comfortable at approximately 1,100sf with 2 bedrooms and 2.5 baths, while units 2 & 3 are a little more spacious at approximately 1,200sf with 3 bedrooms and 2.5 baths. Location is superb, close to schools, parks and trails. Shopping and dining are less than 1.5 miles away, making it convenient while keeping home life peaceful for tenants. The numbers don’t lie. With a healthy and balanced projected cap rate of 6.18% this property would be a welcomed addition to any portfolio. The HOA has continued to be well managed by the same management company for the past 15 years. What this means for you is consistency and less worry. Units 1-3 are currently leased. Please do not disturb the tenants. Unit 4 can be shown by appointment only. Photos of units 1-3 were taken prior to tenant move in.
Courtesy: Windermere Realty Trust
503-284-7755
PRICE REDUCED ***This DUPLEX With recent upgrades and occupied with the perfect tenants, makes for an ideal investment for the first timer. A buildable (buyer to do own due diligence) oversized corner lot allows for future potential. Each unit is approximately 819 sq ft. with 2 bedrooms/1 bath on each side, mirror images of each other. Tenant pleasing attached single car garages and storage units with additional adjacent RV parking.Backyards are divided with new fencing. All appliances, window treatments included. Recent updates include laminate flooring, light fixtures, cedar fencing, electrical, A/C to name a few. This upgraded and well maintained Duplex allows for maximum rent potential sure to please landlord & tenant alike!
Courtesy: Cascade Hasson SIR
541-383-7600
Build equity with this newer, spacious 4-plex in SW Redmond, located in a desirable neighborhood with a strong rental history. Current monthly rent roll of $5,975, with all four units eligible for rent increases this year and additional upside through future vacancies or strategic improvements. The well-balanced unit mix includes two two-story units and two single-level units, each offering a single-car garage and private fenced yard, features that support long-term tenant retention and consistent demand. The location adds long-term confidence with close proximity to Bend and downtown Redmond along with employment centers. Positioned within a market benefiting from Redmond's continued growth, infrastructure investment, and expanding rental demand. This property offers a blend of current cash flow, built-in upside, and future appreciation in one of Central Oregon's strongest rental corridors.
Courtesy: Cascade Hasson SIR
541-383-7600
Unique four-unit property with strong income potential. The main residence is a thoughtfully updated 2-bedroom + an office, 2-bath home with garage converted to gym, and carport, plus a large fully fenced backyard featuring an outdoor kitchen and mature landscaping—well suited for everyday living or entertaining. Three newly built detached cabins offer great rental income, each include 1 bedroom, 1 bath, ductless heating and cooling, private fenced yards, and excellent natural light. One unit is eligible for short-term rental, offering flexible income options alongside long-term rental or multigenerational use. Conveniently located near local amenities, this property offers a rare mix of livability and investment opportunity. The main home and cabins are fully leased with a combined monthly rent of $7,495.
Courtesy: Cascade Hasson SIR
541-383-7600
Red Cedar Apartments -- offered at a 5.3% cap rate -- is a newly built, FULLY LEASED, 20-door multifamily asset in North Redmond designed for low-maintenance, ''set-it-and-forget-it'' ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the buildings each include 3 apartments + 3 studios, for a total of 20 rentable units. Townhome-style residences are paired with ground-level studios, appealing to multiple renter profiles. Fully leased and professionally managed, the property delivers consistent cash flow with tenants paying all utilities, lowering owner expenses. A modern, clean, new-construction investment offering durable income and flexibility.
Courtesy: Berlin Commercial Advisors LLC
541-480-7307
Quality duplex built in 2001, located on a quiet cul-de-sac in the highly desirable Southwest Redmond area. Each unit features 2 bedrooms, 2 bathrooms, a 1 car garage, and a fenced back yard. Tenants pay electricity, garbage, and gas. City utilities are metered separately and billed back to tenants. Consistent rental income makes this duplex a great addition to any investment portfolio. Owner is the listing agent.
Courtesy: Compass Commercial Real Estate
541-383-2444
Canal Commons consists of 8 single family homes and 1 duplex all on one tax lot. Total of 10 units. Five manufactured homes and five stick built. 100% occupied. The property offers strong cash flows with a 7.54% cap rate on in place income. Please refer to attached offering memorandum in documents section for rent roll and expenses. Tenants are separately metered for gas and electric. Owner pays water, sewer, and trash with some tenant bill backs in place. Located in the heart of Redmond, the property offers convenient access to local amenities and transportation routes. Its central location makes it an attractive option for residents seeking proximity to downtown Redmond and other key areas. The property sits directly off NW Canal Blvd, a growing mixed-use spine that has seen increased interest from developers due to recent zoning updates and urban renewal efforts Financing available. Call broker for details.
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| The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). |
Redmond is located in Oregon. Redmond, Oregon has a population of 33,160. Redmond is more family-centric than the surrounding county with 34.6% of the households containing married families with children. The county average for households married with children is 29.18%.
The median household income in Redmond, Oregon is $70,129. The median household income for the surrounding county is $74,082 compared to the national median of $69,021. The median age of people living in Redmond is 36.4 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 10 inches per year, with 13.7 inches of snow per year.
