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211 Northwest 17th Street Unit 200, Redmond, OR, 97756
3-Bedroom 2-Bath Duplex Residence

211 Northwest 17th Street Unit 200 Redmond, OR 97756

For Sale
$294,164

New construction duplex with accessibility features, open-concept layout, and energy-efficient systems within an 18-home community.

Property Size1,314 SF
Price / SF$223.87
Days on Market20

Property Features for 211 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 6 Changed: Jul 22 Last Checked: Jul 25 at 11:40AM

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 duplex offers a spacious 3-bedroom, 2-bath floor plan with approximately 1,314 square feet of living space. The home includes accessibility features and an open-concept living design, along with energy-efficient features intended to help reduce electricity costs.

The duplex is part of Antler Meadows on 17th, a thoughtfully planned 18-home community with a sustainability-focused design. Income restrictions apply, limiting eligibility to households earning up to 80% of Area Median Income for Deschutes County.

Ownership is restricted to first-time homebuyers, and owner-occupancy is required. Down payment assistance may be available for qualified buyers, with assistance up to $18,000.

Key Highlights

  • New construction 3‑bed, 2‑bath duplex built in 2026 with approximately 1,314 SF
  • Open‑concept layout with kitchen island and pantry
  • Energy‑efficient comfort with heat pump heating and ductless cooling (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 accessibility features, open-concept layout, and energy-efficient systems within an 18-home community.
Where is this duplex located?
The property is located at 211 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 3‑bed, 2‑bath duplex built in 2026 with approximately 1,314 SF; Open‑concept layout with kitchen island and pantry; Energy‑efficient comfort with heat pump heating and ductless cooling (ENERGY STAR qualified equipment)
More about this property
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