Townhome Duplex
For Sale
Contact for pricing
2511-2598 NW Spruce Cone Ln, Redmond, OR 97756
A professionally managed, 100% occupied duplex townhome portfolio with a mix of two- and three-bedroom layouts and attached garages.
Property SizeContact for details
Days on Market67
Property Features for 2511-2598 NW Spruce Cone Ln
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R5, High Density Residential
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$295,568
Additional Details
Multifamily Units
16
Building Details
Year Built
2022
Buildings
8
Units
16
Tenancy
Multi
Listing Agency:
Compass Commercial Real Estate Services
(541) 410-6519
Listed By:
Emilio Tiscareno · License #201245391
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 21 at 8:27PM
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 Compass Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Hatch Townhomes is a newer townhome duplex portfolio comprising eight duplex buildings and 16 total units. The unit mix includes 14 three-bedroom townhomes and two two-bedroom townhomes, each featuring an attached 2-car garage and modern finishes. Layouts range from approximately 1,370 to 1,460 square feet, and the portfolio is professionally managed by High Desert Property Management. With 16 individual tax parcels, the ownership structure is set up to align with portfolio-level acquisition and administration.
The property is located in Redmond’s Dry Canyon area at 2511-2598 NW Spruce Cone Ln. The offering notes a park-adjacent setting near the Dry Canyon trail system, supporting a residential lifestyle appeal within the local trail network.
For buyers seeking a stabilized, professionally managed income portfolio, Hatch Townhomes presents a turnkey path with 100% occupancy at the time of offering. The remarks also indicate that in-place rents remain below market for several units and that scheduled increases and lease renewals are expected to adjust rents over time. The combination of newer construction, attached garages, and a diversified bedroom mix is designed to support consistent tenant appeal across the portfolio.
The property is located in Redmond’s Dry Canyon area at 2511-2598 NW Spruce Cone Ln. The offering notes a park-adjacent setting near the Dry Canyon trail system, supporting a residential lifestyle appeal within the local trail network.
For buyers seeking a stabilized, professionally managed income portfolio, Hatch Townhomes presents a turnkey path with 100% occupancy at the time of offering. The remarks also indicate that in-place rents remain below market for several units and that scheduled increases and lease renewals are expected to adjust rents over time. The combination of newer construction, attached garages, and a diversified bedroom mix is designed to support consistent tenant appeal across the portfolio.
Key Highlights
- Hatch Townhomes includes 16 total units across eight duplex buildings
- Unit mix: 14 three‑bedroom townhomes and 2 two‑bedroom townhomes
- All units are 100% occupied and professionally managed by High Desert Property Management
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
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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 - A professionally managed, 100% occupied duplex townhome portfolio with a mix of two- and three-bedroom layouts and attached garages.
Where is this duplex located?
The property is located at 2511-2598 NW Spruce Cone Ln Redmond, OR.
What is the asking price?
The asking price for this property is $6,240,000.
What are key features of this property?
This property features: Hatch Townhomes includes 16 total units across eight duplex buildings; Unit mix: 14 three‑bedroom townhomes and 2 two‑bedroom townhomes; All units are 100% occupied and professionally managed by High Desert Property Management
