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    Redmond, OR
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    Redmond, OR Apartment Buildings for Sale

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    Terrebonne, OR Bend, OR Powell Butte, OR Culver, OR Sisters, OR Prineville, OR
    Historic Three-Story Mixed-Use Building
    Updated: Jan 21
    Historic Three-Story Mixed-Use Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,400,000
    7,500 sqft
    Landaker Building built in 1919, with approximately 7,500 SF across three stories
    Located at the prominent intersection of Evergreen Avenue and Sixth Street in Downtown Redmond
    Fully leased building with 2 ground‑floor retail units, 2 third‑floor commercial units, and 10 apartment units
    Renovated in 1932, adding two additional floors for office and apartment spaces
    Corner lot with ground level unit and paved road access
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    This listing looks promising.

    Here's a quick look at some key insights for

    615 SW Evergreen Avenue, Redmond, OR 97756

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $108K
      Annual

    • Price @ 7% Cap

      $1.54M
      Above asking

    • Property Type

      Manufactured, Modular, Pre-Fabricated Homes
      Built 1950
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    Three-Story Apartment Building with Elevator
    Updated: Feb 2
    Three-Story Apartment Building with Elevator

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,400,000
    7,500 sqft 0.06 AC lot
    Three‑story brick Landaker Building built in 1919
    Approximately 7,500 SF total across three stories
    0.06‑acre site with elevator and accessible elevator installed
    Fully leased mix: 2 ground‑floor retail units and 10 apartment units
    Additional leased space: 2 commercial units on the third floor
    View details
    Historic Three-Story Mixed-Use Building
    Historic Three-Story Mixed-Use Building

    621 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft

    Built in 1919 and fully leased, this three-story property includes ground-floor retail, office/commercial space, and apartments.

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    Two-Story Apartment Building
    Two-Story Apartment Building

    3808 SW Canal Blvd, Redmond, OR 97756

    Contact for pricing

    New two-story residential building complex with 24 units and on-site maintenance and trash facilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 4 Active listings in Redmond, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bend Multifamily Investment Opportunity
    Bend Multifamily Investment Opportunity

    2422-2444 NE Conners Ave, Bend, OR 97701

    Contact for pricing
    12,314 sqft

    Fully leased 10-unit multifamily property near St. Charles Medical Center.

    View details
    Renovated Townhome-Style Apartment Community
    Renovated Townhome-Style Apartment Community

    940 NW 2nd St, Prineville, OR 97754

    Contact for pricing
    20,900 sqft

    Twenty-two townhome-style apartments with recent roof, unit, and parking lot upgrades are offered for sale in Prineville.

    View details
    Central Oregon Multifamily Investment Opportunity
    Central Oregon Multifamily Investment Opportunity

    1000 NE 3rd St, Prineville, OR 97754

    $2,550,000

    Multifamily investment opportunity in Central Oregon with upside potential.

    View details
    42-Unit Garden-Style Apartment Community
    42-Unit Garden-Style Apartment Community

    1280-1330 NE Purcell Blvd, Bend, OR 97701

    Contact for pricing
    37,712 sqft 1.98 AC lot

    Forty-two two-bedroom flats in six two-story buildings with covered parking and 100% occupancy.

    View details

    Off-Market Properties in Redmond, OR

    Consider similar Off-Market properties in Redmond, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1949 Timber Ave
    APARTMENT HOUSE (5+ UNITS)

    1949 Timber Ave, Redmond, OR 97756-9615

    $1,160,000
    Estimated value
    8,928 sqft 0.80 AC lot
    View details
    1840 15th St
    APARTMENT HOUSE (5+ UNITS)

    1840 15th St, Redmond, OR 97756-2075

    $3,925,000
    Estimated value
    8,224 sqft 1.17 AC lot
    View details
    3025 7th St
    APARTMENT HOUSE (5+ UNITS)

    3025 7th St, Redmond, OR 97756

    $1,315,000
    Estimated value
    1.47 AC lot
    View details
    3610 Metolius Ave
    APARTMENT HOUSE (5+ UNITS)

    3610 Metolius Ave, Redmond, OR 97756-6749

    Value Estimation by Request
    0.94 AC lot
    View details
    2000 Salmon Ave, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    2000 Salmon Ave, Redmond, OR 97756-6762

    Unit 101
    $520,000
    Estimated value
    7,652 sqft 0.77 AC lot
    View details
    2250 21st St
    APARTMENT HOUSE (5+ UNITS)

    2250 21st St, Redmond, OR 97756-1796

    $7,820,000
    Estimated value
    2.04 AC lot
    View details
    319 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    319 Greenwood Ave, Redmond, OR 97756-1567

    $1,575,000
    Estimated value
    10 sqft 1.00 AC lot
    View details
    630 Kingwood Ave
    APARTMENT HOUSE (5+ UNITS)

    630 Kingwood Ave, Redmond, OR 97756-2089

    $905,000
    Estimated value
    13,602 sqft 0.89 AC lot
    View details
    1140 27th St
    APARTMENT HOUSE (5+ UNITS)

    1140 27th St, Redmond, OR 97756-0336

    $445,000
    Estimated value
    4,376 sqft 0.46 AC lot
    View details
    1457 Pumice Ave
    APARTMENT HOUSE (5+ UNITS)

    1457 Pumice Ave, Redmond, OR 97756-3288

    $2,185,000
    Estimated value
    17,684 sqft 10.95 AC lot
    View details
    2800 23rd St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    2800 23rd St, Redmond, OR 97756-6854

    Unit 1
    $690,000
    Estimated value
    6,230 sqft 0.71 AC lot
    View details
    3753 Badger Ave, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    3753 Badger Ave, Redmond, OR 97756-6713

    Unit 101
    $14,695,000
    Estimated value
    21,485 sqft 5.81 AC lot
    View details
    4637 37th St
    APARTMENT HOUSE (5+ UNITS)

    4637 37th St, Redmond, OR 97756-6519

    $21,605,000
    Estimated value
    31,200 sqft 4.78 AC lot
    View details
    1600 Reindeer Ave, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    1600 Reindeer Ave, Redmond, OR 97756-6835

    Unit 101
    $2,280,000
    Estimated value
    19,896 sqft 1.38 AC lot
    View details
    1575 Reindeer Ave, Unit 100
    APARTMENT HOUSE (5+ UNITS)

    1575 Reindeer Ave, Redmond, OR 97756-6013

    Unit 100
    $515,000
    Estimated value
    27,450 sqft 1.53 AC lot
    View details
    3757 Badger Ave, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    3757 Badger Ave, Redmond, OR 97756-6717

    Unit 101
    $2,125,000
    Estimated value
    13,830 sqft 0.42 AC lot
    View details
    3635 Metolius Ave, Unit 125
    APARTMENT HOUSE (5+ UNITS)

    3635 Metolius Ave, Redmond, OR 97756-6758

    Unit 125
    $19,000,000
    Estimated value
    27,432 sqft 3.44 AC lot
    View details
    3600 Metolius Ave, Unit 153
    APARTMENT HOUSE (5+ UNITS)

    3600 Metolius Ave, Redmond, OR 97756-6755

    Unit 153
    $5,730,000
    Estimated value
    24,399 sqft 1.09 AC lot
    View details
    2727 Juniper Ave
    APARTMENT HOUSE (5+ UNITS)

    2727 Juniper Ave, Redmond, OR 97756-5900

    $1,070,000
    Estimated value
    6,814 sqft 0.45 AC lot
    View details
    211 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    211 Greenwood Ave, Redmond, OR 97756-1563

    $4,120,000
    Estimated value
    5,948 sqft 1.84 AC lot
    View details

    Redmond, OR Apartment Buildings Market Trends and Statistics

    Explore 45 apartment buildings for sale in Redmond, OR, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,500 square feet of properties for sale, with an estimated market value of $4,225,000.

    Sale prices for two-family homes in Redmond, OR start at $1,400,000, averaging $1,408,333, and reaching up to $1,425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 44K
    Population Growth (5Y) +18.0%
    Median Household Income $84,067
    College Educated 42.7%

    High-Yield Neighborhoods for Investment

    Identify Redmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97756 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $22.01 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Deschutes County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Redmond fall within the 100,000+ square foot range.

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