2211 SW Quartz Avenue Redmond, OR 97756
MULTI_FAMILY - Other - Redmond, OR
Property Features for 2211 SW Quartz Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Vinyl Frames, Double Pane Windows
- Patio and Porch features
- Patio, Deck
- Interior features
- Breakfast Bar, Ceiling Fan(s), Open Floorplan, Shower/Tub Combo, Solid Surface Counters, Tile Counters
- Appliances
- Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 193026
- Size
- 5,088 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9437
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Brady Velikonia License #201243904 (530) 521-8864
Listing office Keller Williams Realty Central Oregon 233 SW Wilson #102, Bend, OR (541) 585-3760
Listing date May 1, 2026
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.
The buildings are situated on a quiet, private flag lot less than a quarter mile from Quartz Park and within reach of the Dry Canyon Trail system. Nearby shopping and access to Highway 97 are noted in the remarks. The sale is described as no HOA and as-is.
This is a residential income property configured as duplex-style living units, presented together for centralized ownership and management on one lot.
Key Highlights
- Two duplexes on a single tax lot totaling four 2BD/2BA units, listed as ~1,272 SF each per county
- All four units are 100% occupied with immediate day‑one cash flow (per remarks)
- Each unit includes an attached finished single‑car garage and a private fenced outdoor backyard space
Local 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 | $109.9k | $21.60 |
| − Vacancy | −$7.9k | −$1.56 |
| EGI | $102.0k | $20.04 |
| − OpEx | −$30.6k | −$6.01 |
| NOI | $71.4k | $14.03 |
