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    Redmond, OR
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    Redmond, OR Multifamily Properties for Sale

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    Terrebonne, OR Bend, OR Powell Butte, OR Sisters, OR Culver, OR Prineville, OR
    16 properties
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    Four-Unit Townhome Quadplex
    Updated: Apr 8
    Four-Unit Townhome Quadplex

    2531 NW CEDAR Ave, Redmond, OR 97756

    $1,149,000
    4,848 sqft 0.18 AC lot
    Four‑unit R4‑zoned quadplex with 4,848 square feet on 0.18 acres
    Townhome‑style residences with open‑concept layouts and full kitchen appliances
    Units 1 and 4: approximately 1,100 SF, 2 bedrooms, and 2.5 baths
    Units 2 and 3: approximately 1,200 SF, 3 bedrooms, and 2.5 baths
    Units 1–3 are currently leased; Unit 4 is shown by appointment only
    View details
    Upgraded Duplex With Attached Garages
    Updated: Feb 12
    Upgraded Duplex With Attached Garages

    2412 SW WICKIUP Ave, Redmond, OR 97756

    $535,500
    1,638 sqft 0.34 AC lot
    1,638‑square‑foot duplex with two approximately 819‑square‑foot units
    Each unit includes 2 bedrooms, 1 bathroom, an attached single‑car garage, and storage
    0.34‑acre oversized corner lot zoned R3
    Recent updates include laminate flooring, electrical work, A/C, light fixtures, and cedar fencing
    Divided fenced backyards plus adjacent RV parking
    View details
    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,400,000
    7,500 sqft 0.06 AC lot

    Mixed-use property combines retail, commercial, and apartment space with elevator access.

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    See hot listings in Redmond

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Townhome-Style Quadplex
    Townhome-Style Quadplex

    2531 NW Cedar Ave, Redmond, OR 97756

    $1,149,000
    4,848 sqft

    Corner-lot fourplex with updated interiors, full appliances, and in-unit washers and dryers.

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    Ranch Duplex with Attached Garages
    Ranch Duplex with Attached Garages

    2810 SW Pumice Avenue, Redmond, OR 97756

    $535,000
    1,952 sqft 0.30 AC lot

    Two matching residences offer private fenced yards, convenient layouts, and separate attached garage parking.

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    Single-Level Duplex with Carports
    Single-Level Duplex with Carports

    1227 SW 17th Street, Redmond, OR 97756

    $525,000
    1,796 sqft 0.19 AC lot

    Two separately metered residences include an updated bathroom, fenced outdoor space, and public water and sewer service.

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    Updated Duplex
    Updated Duplex

    1559 SW Rimrock Way, Redmond, OR 97756

    $558,900
    1,748 sqft 0.19 AC lot

    One residence received a comprehensive interior renovation in 2019, while the second remains in good condition.

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    Upgraded Duplex with Garages
    Upgraded Duplex with Garages

    2412 SW Wickiup Ave, Redmond, OR 97756

    $535,500
    1,638 sqft

    Two mirrored units offer two bedrooms, one bath, and included appliances.

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    Single-Level Duplex with Garages
    Single-Level Duplex with Garages

    1545 SW Kalama Ave, Redmond, OR 97756

    $699,000
    2,870 sqft

    Two spacious bedroom units include central air conditioning and fenced, low-maintenance back yards.

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    Single-Level Duplex with Carport
    Single-Level Duplex with Carport

    1227 SW 17th St, Redmond, OR 97756

    $525,000
    1,796 sqft

    Two-bedroom units feature separate utility meters and one recently renovated bathroom.

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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,400,000
    7,500 sqft

    The property combines ground-level retail with upper-floor commercial suites and 10 apartments.

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    Historic Three-Story Mixed-Use Building
    Historic Three-Story Mixed-Use Building

    621 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft

    Built in 1919 and fully leased, this three-story property includes ground-floor retail, office/commercial space, and apartments.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    2810 SW Pumice Ave, Redmond, OR 97756

    $535,000
    1,952 sqft

    Each residence offers two bedrooms, two baths, a fenced backyard, and an attached single-car garage.

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    Two-Bedroom Duplex with Central Cooling
    Two-Bedroom Duplex with Central Cooling

    1929 NW Elm Ave, Redmond, OR 97756

    $499,900

    Each residence offers an open layout, vaulted ceilings, and two full bathrooms.

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    Townhome Duplex Portfolio
    Townhome Duplex Portfolio

    2598 NW Spruce Cone, Redmond, OR 97756

    $6,240,000

    A 16-unit townhome duplex portfolio with attached 2-car garages, professionally managed, and 100% occupied.

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    Townhome Duplex Portfolio
    Townhome Duplex Portfolio

    2511-2598 NW Spruce Cone Ln, Redmond, OR 97756

    Contact for pricing

    A professionally managed, 100% occupied duplex townhome portfolio with a mix of two- and three-bedroom layouts and attached garages.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Redmond, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Duplex with ADU
    New Duplex with ADU

    21298 NE Butler Market RD, Bend, OR 97701

    $590,000
    740 sqft 0.39 AC lot

    Two compact residences offer separate one- and two-bedroom layouts with durable finishes and individual gas heating.

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    Two-Home Multifamily Property
    Two-Home Multifamily Property

    21298 NE Butler Market Rd #1, Bend, OR 97701

    $590,000
    1,200 sqft

    New construction with efficient gas heat, granite countertops, LVP flooring, and tiled kitchen and bathroom finishes.

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    Duplex with Accessory Dwelling Unit
    Duplex with Accessory Dwelling Unit

    21298 NE BUTLER MARKET Rd, Bend, OR 97701

    $590,000
    0.39 AC lot

    Two residential units offer updated finishes, individual bedrooms and baths, gas heat, and Avion water service.

    View details
    Multifamily Property with Garage
    Multifamily Property with Garage

    20550 EMPIRE AVE, Bend, OR 97701

    $2,399,000

    Recent construction includes central air, forced-air heating, and a gas water heater.

    View details

    Off-Market Properties in Redmond, OR

    Consider similar Off-Market properties in Redmond, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1949 Timber Ave
    APARTMENT HOUSE (5+ UNITS)

    1949 Timber Ave, Redmond, OR 97756-9615

    Estimated value:
    $1,160,000
    8,928 sqft 0.80 AC lot
    View details
    7777 Hwy 97
    CAMPGROUND, RV PARK

    7777 Hwy 97, Redmond, OR 97756-9678

    Estimated value:
    $3,580,000
    55 sqft 7.98 AC lot
    View details
    1840 15th St
    APARTMENT HOUSE (5+ UNITS)

    1840 15th St, Redmond, OR 97756-2075

    Estimated value:
    $3,925,000
    8,224 sqft 1.17 AC lot
    View details
    3025 7th St
    APARTMENT HOUSE (5+ UNITS)

    3025 7th St, Redmond, OR 97756

    Estimated value:
    $1,315,000
    1.47 AC lot
    View details
    3610 Metolius Ave
    APARTMENT HOUSE (5+ UNITS)

    3610 Metolius Ave, Redmond, OR 97756-6749

    Estimated value: by Request
    0.94 AC lot
    View details
    2000 Salmon Ave, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    2000 Salmon Ave, Redmond, OR 97756-6762

    Unit 101
    Estimated value:
    $520,000
    7,652 sqft 0.77 AC lot
    View details
    2250 21st St
    APARTMENT HOUSE (5+ UNITS)

    2250 21st St, Redmond, OR 97756-1796

    Estimated value:
    $7,820,000
    2.04 AC lot
    View details
    319 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    319 Greenwood Ave, Redmond, OR 97756-1567

    Estimated value:
    $1,575,000
    10 sqft 1.00 AC lot
    View details

    Redmond, OR Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Redmond, OR, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 47,586 square feet of properties for sale, with an estimated market value of $17,711,800.

    Sale prices for multifamily properties in Redmond, OR start at $499,900, averaging $1,180,786, and reaching up to $6,240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 12
    Apartment buildings 2
    Quadplexes 2

    Demographics Overview

    Population 44K
    Population Growth (5Y) +18.0%
    Median Household Income $84,067
    College Educated 42.7%

    High-Yield Neighborhoods for Investment

    Identify Redmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97756 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $22.01 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Deschutes County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Redmond fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Featured Redmond Real Estate Agencies

    Realmo connects you with licensed Redmond CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Gold Country Realty
    2421 South Hwy 97 Redmond, OR 97756
    Phone: (541) 815-7907
    www.century21centraloregon.com/
    Tim Davis Group Central Oregon Realty
    1427 SW Highland Ave Redmond, OR 97756
    Phone: (541) 548-2400
    www.jtimdavis.com
    Desert Sky Real Estate LLC
    636 NW Cedar Ave. Redmond, OR 97756
    Phone: (541) 410-9592
    desertskyrealestate.point2agent.com/
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