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Updated Duplex Near Trail
For Sale
$558,900

1559 SW Rimrock Way, Redmond, OR 97756

Residential Income, Redmond, OR

Property SizeContact for details
Lot Size0.19 Acres
Days on Market103

Property Features for 1559 SW Rimrock Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R3
Parking features Open, On Street
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 Vinyl, Laminate, 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: Oct 2 Last Checked: Oct 4 at 9:06PM
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 duplex was built in 1996 on a 0.19-acre lot and includes two residential units. Unit 1561 received a comprehensive interior update in 2019, including new carpet upstairs, laminate flooring downstairs, window coverings, countertops, appliances, a water heater, lighting, faucets, paint, interior doors, and stair components. Unit 1559 is described as being in good condition.

Interior features include vaulted ceilings, ceiling fans, laminate counters, linen closets, and shower/tub combinations. The property has frame construction, composition roofing, electric zoned heating, and a mix of carpet, laminate, and vinyl flooring. Appliances include dishwashers, ranges, ovens, refrigerators, washers, dryers, range hoods, and water heaters. Public water and public sewer serve the property, with open and on-street parking available. The duplex is located less than a block from the Dry Canyon Trail.

Key Highlights

  • Duplex on a 0.19‑acre lot
  • Unit 1561 comprehensively updated in 2019
  • Unit 1559 described as being in good condition

Property Analytics

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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

2
Residential units

Location Intelligence

Trade Area within ½ mile

504
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one comprehensively refreshed residence and public water and sewer service.
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: Duplex on a 0.19‑acre lot; Unit 1561 comprehensively updated in 2019; Unit 1559 described as being in good condition
More about this property
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