Single-Story Duplex with Fenced
569 NE Negus Loop Redmond, OR 97756
569 NE Negus Loop, Redmond, OR, 97756
$568,900
Pending
For Sale
$568,900
Pending
MULTI_FAMILY - Ranch - Redmond, OR
Property Size2,580 SF
Lot Size0.19 Acres
Days on Market388
Property Features for 569 NE Negus Loop
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- On Street, Driveway
- Window features
- Vinyl Frames, Double Pane Windows
- Interior features
- Open Floorplan, Primary Downstairs, Shower/Tub Combo
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater
- Standard status
- Pending
- APN
- 202717
- Size
- 2,580 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5177
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Frame
- Roof type
- Asphalt, Composition
- Architectural style
- Ranch
Listing agency
Desert Sky Real Estate LLC
(541) 504-9792
Listed by
Cat Zwicker
(541) 410-9592
Added: Jun 30, 2025 Updated: Jul 13 at 12:15PM Checked: Jul 22 at 6:06AM
MLS# 220205792
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.
This single-story duplex offers two separate units, each with an open great-room layout plus two bedrooms and two baths. Each unit includes a generous fenced backyard with a patio and a storage shed, along with a single-car garage and driveway parking. The roof is approximately four years old. Exterior painting was completed in fall 2025, and Unit 569 also features a freshly painted interior, updated lighting, and new LVP flooring.
The property is located in NE Redmond near St. Charles Medical Center and the Cancer Center, positioning it close to major healthcare employment.
For an owner-occupant, the layout supports living in one side while renting the other to help offset housing costs. For investors, the property provides two self-contained homes with similar floor plans and private outdoor space, which can support consistent leasing appeal. The combination of recent exterior updates and the move-in-ready improvements in Unit 569 may reduce near-term maintenance needs for day-to-day operations.
The property is located in NE Redmond near St. Charles Medical Center and the Cancer Center, positioning it close to major healthcare employment.
For an owner-occupant, the layout supports living in one side while renting the other to help offset housing costs. For investors, the property provides two self-contained homes with similar floor plans and private outdoor space, which can support consistent leasing appeal. The combination of recent exterior updates and the move-in-ready improvements in Unit 569 may reduce near-term maintenance needs for day-to-day operations.
Key Highlights
- Single‑story duplex (Ranch) built in 2001 with 2 identical units
- Each unit offers 1,290 sq ft with an open great‑room layout, 2 bedrooms, and 2 baths
- Unit 569 has a freshly painted interior, updated lighting, and new LVP flooring
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 | $55.7k | $21.60 |
| − Vacancy | −$4.0k | −$1.56 |
| EGI | $51.7k | $20.04 |
| − OpEx | −$15.5k | −$6.01 |
| NOI | $36.2k | $14.03 |
2,580 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$517.0K
$452.4K – $603.2K
NOI $36,193 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$472.0K
$413.0K – $550.7K
NOI $33,041 @ 7.0% cap · market cap 5.81%
Theoretical Best
Retail
$887.9K
$776.9K – $1.04M
NOI $62,155 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two well-laid-out units with private fenced backyards, patios, and storage for comfortable owner-occupant or rental use.
Where is this duplex located?
The property is located at 569 NE Negus Loop Redmond, OR.
What is the asking price?
The asking price for this property is $568,900.
What are key features of this property?
This property features: Single‑story duplex (Ranch) built in 2001 with 2 identical units; Each unit offers 1,290 sq ft with an open great‑room layout, 2 bedrooms, and 2 baths; Unit 569 has a freshly painted interior, updated lighting, and new LVP flooring
