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Ranch Duplex with Attached Garages
For Sale
$535,000
Pending

2810 SW Pumice Avenue, Redmond, OR 97756

Residential Income, Redmond, OR

Property Size1,952 SF
Lot Size0.30 Acres
Days on Market51

Property Features for 2810 SW Pumice Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R4
Parking features Open
Window features Double Pane Windows, Vinyl Frames
Interior features Laminate Counters, Primary Downstairs, Shower/Tub Combo
Appliances Dishwasher, Disposal, Refrigerator
Subdivision Obsidian Estate
Lot features Fenced
Elementary school Vern Patrick Elem
Middle school Obsidian Middle
High school Ridgeview High
Standard status Pending
APN 189362
Size 1,952 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4332

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Amenities

fenced back yard

Building Details

Year built 1997
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Building materials Frame
Roof type Composition
Architectural style Ranch
Listing Agency: Bend Premier Real Estate LLC
Listed By: Rachel Kahler
Added: Sep 4 Changed: Oct 22 Last Checked: Oct 24 at 6:06PM
MLS# 220228302

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.

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Investment Insights

Based on property information with market context.

This ranch-style duplex contains 1,952 square feet across two residential units, with each side offering 2 bedrooms and 2 bathrooms. Both residences include a primary bedroom downstairs, laminate counters, shower/tub combinations, carpet and vinyl flooring, and kitchen appliances including a dishwasher, disposal, and refrigerator. Each unit also has a fenced backyard and an attached single-car garage. The composition roof was installed in September 2026.

Built in 1997 on a 0.3-acre parcel at 2810 SW Pumice Avenue in Redmond, the property is served by public water and public sewer. Wall furnaces provide heating, while open parking adds supplemental vehicle accommodation. The duplex’s two-unit configuration supports separate household occupancy within one residential property.

Key Highlights

  • Two‑unit duplex with 1,952 square feet of total property size
  • Each unit includes 2 bedrooms and 2 bathrooms
  • Attached single‑car garage and fenced backyard for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,383
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,660 $547.7K
Cap Rate 7%
$391,186 $391.2K
Cap Rate 9%
$304,256 $304.3K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$42.2K $21.60/SF
− Vacancy
−$3.0K −$1.56/SF
EGI
$39.1K $20.04/SF
− OpEx
−$11.7K −$6.01/SF
NOI
$27.4K $14.03/SF
Area
Deschutes County, OR
Vacancy
7.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,660
Cap Rate 7%
$391,186
Cap Rate 9%
$304,256

Alternative Uses

Best Use
Multifamily LT 5
$391.2K
$342.3K – $456.4K (±1% cap)
NOI $27,383 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$357.1K
$312.5K – $416.7K (±1% cap)
NOI $24,999 @ 7.0% cap · market cap 4.67%
Theoretical Best
Retail
$671.8K
$587.8K – $783.8K (±1% cap)
NOI $47,026 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences offer private fenced yards, convenient layouts, and separate attached garage parking.
Where is this duplex located?
The property is located at 2810 SW Pumice Avenue Redmond, OR.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,952 square feet of total property size; Each unit includes 2 bedrooms and 2 bathrooms; Attached single‑car garage and fenced backyard for each unit
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