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Well-Maintained Duplex
For Sale
$558,900

1559 SW Rimrock Way, Redmond, OR 97756

MULTI_FAMILY - Other - Redmond, OR

Property SizeContact for details
Lot Size0.19 Acres
Days on Market50

Property Features for 1559 SW Rimrock Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R3
Parking features On Street, Open
Window features Double Pane Windows, Vinyl Frames
Interior features Ceiling Fan(s), Laminate Counters, Linen Closet, Shower/Tub Combo, Vaulted Ceiling(s)
Appliances Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Subdivision Stonehedge
Lot features Landscaped, Level, Sprinklers In Front
Elementary school M A Lynch Elem
Middle school Obsidian Middle
High school Ridgeview High
Directions Turn East off SW 23rd St. onto Obsidian; Right on 21st Pl.; Left at Rimrock Way.
Standard status Active
APN 184435
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4766

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Zoned
Water source Public

Building Details

Year built 1996
Floors in Building 2
Number of units 2
Flooring type Laminate, Vinyl, Carpet
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: Realty One Group Discovery
Listed By: Mike David Prescott
Added: Jun 24 Changed: Aug 1 Last Checked: Aug 12 at 12:06AM
MLS# 220224174

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained duplex includes two units and a frame exterior, with a composition roof and practical interior updates across the property. Unit 1561 received a complete makeover in 2019, including new carpeting upstairs, laminate flooring down, window coverings, countertops, appliances, a water heater, light fixtures, faucets, paint, interior doors, and stair balusters and rail system. Unit 1559 is described as being in good condition.

Inside, the home features ceiling fan(s), laminate counters, a linen closet, shower/tub combo, and vaulted ceiling(s). Appliances listed include a dishwasher, dryer, oven, range, range hood, refrigerator, washer, and water heater. Heating is electric and zoned. Parking is available on-street, along with open parking.

The property sits on a 0.19-acre lot and is served by public water and public sewer.

Key Highlights

  • 0.19‑acre duplex lot with frame construction
  • Unit 1561 complete makeover in 2019 including appliances, flooring, and interior finishes
  • Unit 1559 described as in good condition

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 97756, OR

42,168
Population
18,335
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
92%
High-School Grad
126.3 sq mi
ZIP Area
334
Density / Sq Mi
$84,067
Median Household Income
$41,909
Median Earnings
$1,473
Median Rent
$469,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a 0.19-acre lot with zoned electric heat, public water, and public sewer.
Where is this duplex located?
The property is located at 1559 SW Rimrock Way Redmond, OR.
What is the asking price?
The asking price for this property is $558,900.
What are key features of this property?
This property features: 0.19‑acre duplex lot with frame construction; Unit 1561 complete makeover in 2019 including appliances, flooring, and interior finishes; Unit 1559 described as in good condition
More about this property
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