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189 Northwest 17th Street Unit 200, Redmond, OR, 97756
3-Bedroom Duplex Residence

189 Northwest 17th Street Unit 200 Redmond, OR 97756

For Sale
$294,164

New construction duplex with open-concept living, accessibility features, and energy-efficient features in an 18-home community.

Property Size1,314 SF
Price / SF$223.87
Days on Market21

Property Features for 189 Northwest 17th Street Unit 200

General Information

Standard status
Active
Size
1,314 SF
Property subtype
Land

Building Details

Year Built
2026
Listing Agency: High Desert Realty, LLC
Listed By: Kelly Graham Musgrove · License #201214492
Source: Compass
Added: Jul 5 Changed: Jul 21 Last Checked: Jul 25 at 11:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of High Desert Realty, LLC


Investment Insights

Based on property information with market context.

This newly constructed 3-bedroom, 2-bath duplex is part of Antler Meadows on 17th in Redmond. Unit 200 offers an open-concept living layout and includes accessibility features, along with energy-efficient features intended to help reduce electricity costs.

The duplex is located within a thoughtfully planned 18-home community designed with sustainability in mind. Income restrictions apply, with eligibility for households earning up to 80% of Area Median Income for Deschutes County.

First-time homebuyer and owner-occupancy are required for this offering, and down payment assistance may be available for qualified buyers.

Key Highlights

  • New construction duplex built in 2026 within an 18‑home community
  • 3‑bedroom, 2‑bath layout with approximately 1,314 SF and open‑concept living
  • Energy‑efficient ductless systems including heat pump heating and cooling with ENERGY STAR qualified equipment

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.4k $21.60
− Vacancy −$2.0k −$1.56
EGI $26.3k $20.04
− OpEx −$7.9k −$6.01
NOI $18.4k $14.03
1,314 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$263.3K
$230.4K – $307.2K (±1% cap)
NOI $18,433 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$240.4K
$210.4K – $280.5K (±1% cap)
NOI $16,828 @ 7.0% cap · market cap 5.72%
Theoretical Best
Retail
$452.2K
$395.7K – $527.6K (±1% cap)
NOI $31,656 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Big Box & Wholesale Store Parking Lot & Garage Pharmacy Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hotel & Motel Law Firm Furniture & Home Goods Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New construction duplex with open-concept living, accessibility features, and energy-efficient features in an 18-home community.
Where is this duplex located?
The property is located at 189 Northwest 17th Street Unit 200 Redmond, OR.
What is the asking price?
The asking price for this property is $294,164.
What are key features of this property?
This property features: New construction duplex built in 2026 within an 18‑home community; 3‑bedroom, 2‑bath layout with approximately 1,314 SF and open‑concept living; Energy‑efficient ductless systems including heat pump heating and cooling with ENERGY STAR qualified equipment
More about this property
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