3-Bedroom Duplex
For Sale
$294,164
189 Northwest 17th Street Unit 200, Redmond, OR 97756
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 Market29
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
(541) 797-1555
Listed By:
Kelly Graham Musgrove · License #201214492
(541) 797-1555
Source:
Compass
Added: Jul 5
Changed: Jul 21
Last Checked: Aug 1 at 1:11PM
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.
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
NOI $18,433 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$240.4K
$210.4K – $280.5K
NOI $16,828 @ 7.0% cap · market cap 5.72%
Theoretical Best
Retail
$452.2K
$395.7K – $527.6K
NOI $31,656 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
