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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
    Mixed-Use Historic Building
    Updated: Feb 2
    Mixed-Use Historic Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft · 0.06 AC lot
    Landaker Building built in 1919 with approx. 7,500 SF across three stories in Downtown Redmond.
    Fully leased unit mix: 2 ground‑floor retail units, 2 commercial units on the third floor, and 10 apartment units on the second and third floors.
    Historic renovation in 1932 added two additional floors for office and apartment spaces.
    Brick construction with membrane roof.
    Accessibility features include an installed accessible elevator.
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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

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $96K
      Annual

    • Price @ 7% Cap

      $1.37M
      Suggested

    • Property Type

      Manufactured, Modular, Pre-Fabricated Homes
      Built 1950
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    Historic Mixed-Use Building
    Updated: Jan 20
    Historic Mixed-Use Building

    621 SW EVERGREEN Ave Unit 621, Redmond, OR 97756

    $1,425,000
    7,500 sqft
    Landaker Building built in 1919 with approx. 7,500 SF across three stories
    Fully leased building with 2 ground‑floor retail units, 2 commercial units on the third floor, and 10 apartment units
    Renovated in 1932; originally a pool hall, adding two additional floors for office and apartment space
    Central air cooling and 3 guest facilities
    C‑2 zoning; passenger elevator; membrane roof
    View details
    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Downtown Hotel with Retail Front
    Historic Downtown Hotel with Retail Front

    661 S Main St, Lebanon, OR 97355

    $4,750,000
    27,764 sqft · 0.87 AC lot

    A 1910 mixed-use building featuring fully occupied ground-floor retail and apartments, with renovation underway upstairs.

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

    1280-1330 NE Purcell Blvd, Bend, OR 97701

    $8,777,000
    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
    Historic Downtown Hotel with Retail
    Historic Downtown Hotel with Retail

    661 S Main St, Lebanon, OR 97355

    $4,750,000
    33,612 sqft · 0.37 AC lot

    Historic hotel with four glass-front retail suites fully occupied on the ground floor and multifamily income from 10 units.

    View details
    Bend Multifamily Investment Opportunity
    Bend Multifamily Investment Opportunity

    2422-2444 NE Conners Ave, Bend, OR 97701

    $2,585,000
    12,314 sqft

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

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    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

    $1,100,000
    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

    $1,230,000
    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
    Value Estimation by Request
    7,652 sqft · 0.77 AC lot
    View details
    2250 21st St
    APARTMENT HOUSE (5+ UNITS)

    2250 21st St, Redmond, OR 97756-1796

    $6,445,000
    Estimated value
    2.04 AC lot
    View details
    319 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    319 Greenwood Ave, Redmond, OR 97756-1567

    Value Estimation by Request
    10 sqft · 1.00 AC lot
    View details
    630 Kingwood Ave
    APARTMENT HOUSE (5+ UNITS)

    630 Kingwood Ave, Redmond, OR 97756-2089

    Value Estimation by Request
    13,602 sqft · 0.89 AC lot
    View details
    1140 27th St
    APARTMENT HOUSE (5+ UNITS)

    1140 27th St, Redmond, OR 97756-0336

    $1,000,000
    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

    $2,315,000
    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
    $1,935,000
    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
    $3,140,000
    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

    $1,120,000
    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
    744 Oak Pl
    APARTMENT HOUSE (5+ UNITS)

    744 Oak Pl, Redmond, OR 97756-8573

    Value Estimation by Request
    0.69 AC lot
    View details
    1152 17th St
    APARTMENT HOUSE (5+ UNITS)

    1152 17th St, Redmond, OR 97756-2943

    Value Estimation by Request
    0.70 AC lot
    View details

    Redmond, OR Apartment Buildings Market Trends and Statistics

    Explore 43 apartment buildings for sale in Redmond, OR on our real estate platform. These investment opportunities span a total of 15,000 square feet of properties for sale, with an estimated market value of $2,850,000.

    Sale prices for two-family homes in Redmond, OR start at $1,425,000, averaging $1,425,000, 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Deschutes County

    Retail

    Property Size Breakdown

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

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