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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 Culver, OR Sisters, OR Prineville, OR Metolius, OR Madras, OR
    16 properties
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    Historic Mixed-Use Building
    Updated: Jan 20
    Historic Mixed-Use Building

    621 SW EVERGREEN Ave Unit 621, Redmond, OR 97756

    $1,425,000
    7,500 sqft
    Landaker Building built in 1919 with approx. 7,500 SF across three stories
    Fully leased building with 2 ground‑floor retail units, 2 commercial units on the third floor, and 10 apartment units
    Renovated in 1932; originally a pool hall, adding two additional floors for office and apartment space
    Central air cooling and 3 guest facilities
    C‑2 zoning; passenger elevator; membrane roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    621 SW EVERGREEN Ave Unit 621, Redmond, OR 97756

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $108K
      Annual

    • Price @ 7% Cap

      $1.54M
      Above asking
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    Two-Duplex Residential Investment
    Updated: May 1
    Two-Duplex Residential Investment

    2211 SW Quartz Avenue, Redmond, OR 97756

    $980,000
    5,088 sqft 0.55 AC lot
    Two duplexes on a single tax lot with four total 2BD/2BA units (~1,272 SF each per county), all 100% occupied
    Each unit includes a finished attached single‑car garage plus a private fenced outdoor backyard space
    Brand‑new roofs on both buildings within the last 12 months
    No HOA; quiet, private flag lot location less than 1/4 mile from Quartz Park and the Dry Canyon Trail system
    Public utilities: public water and public sewer
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    Townhome-Style Fourplex Corner Lot
    Townhome-Style Fourplex Corner Lot

    2531 NW CEDAR Ave, Redmond, OR 97756

    $1,149,000
    4,848 sqft 0.18 AC lot

    Well-maintained fourplex with townhome-style units, in-unit laundry, and kitchen appliances on a corner lot.

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

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,425,000
    7,500 sqft 0.06 AC lot

    Fully leased, three-story building with two ground-floor retail units and 10 apartment units above.

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    Well-Maintained Fourplex Townhomes
    Well-Maintained Fourplex Townhomes

    2531 Northwest Cedar Avenue, Redmond, OR 97756

    $1,199,000
    4,848 sqft

    Four townhome-style units feature open layouts and include kitchen appliances, washers, and dryers.

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    Upgraded Duplex with Attached Garages
    Upgraded Duplex with Attached Garages

    2412 SW WICKIUP Ave, Redmond, OR 97756

    $565,000
    1,638 sqft 0.34 AC lot

    Two mirror-image units with 2 bedrooms and 1 bath, attached single-car garages, storage, and RV parking.

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    Well-Maintained Duplex Investment
    Well-Maintained Duplex Investment

    1559 SW Rimrock Way, Redmond, OR 97756

    $558,900
    0.19 AC lot

    Two-unit duplex with one unit updated in 2019 and the other reported in good condition.

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    Single-Story Duplex with Fenced Yards
    Single-Story Duplex with Fenced Yards

    569 NE Negus Loop, Redmond, OR 97756

    $568,900
    2,580 sqft 0.19 AC lot

    Two well-laid-out units with private fenced backyards, patios, and storage for comfortable owner-occupant or rental use.

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    3-Bedroom 2-Bath Duplex Residence
    3-Bedroom 2-Bath Duplex Residence

    211 Northwest 17th Street, Unit 200, Redmond, OR 97756

    $294,164
    1,314 sqft

    New construction duplex with accessibility features, open-concept layout, and energy-efficient systems within an 18-home community.

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    New Construction Duplex Home
    New Construction Duplex Home

    211 Northwest 17th Street, Unit 100, Redmond, OR 97756

    $263,254
    1,242 sqft

    Newly built 2-bedroom, 1.5-bath duplex with single-story accessibility and energy-efficient features in an 18-home community.

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

    615 SW Evergreen Avenue, Redmond, OR 97756

    $1,449,000
    7,500 sqft

    Fully leased three-story building with ground-floor retail, third-floor commercial space, and 10 apartment units.

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    Upgraded Duplex with RV Parking
    Upgraded Duplex with RV Parking

    2412 Southwest Wickiup Avenue, Redmond, OR 97756

    $605,000
    1,638 sqft

    Upgraded occupied duplex offers two 2-bedroom, 1-bath units with attached single-car garages, storage, and adjacent RV parking.

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    3-Bedroom Duplex Residence
    3-Bedroom Duplex Residence

    189 Northwest 17th Street, Unit 200, Redmond, OR 97756

    $294,164
    1,314 sqft

    New construction duplex with open-concept living, accessibility features, and energy-efficient features in an 18-home community.

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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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    Townhome Duplex Portfolio
    Townhome Duplex Portfolio

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

    $6,240,000

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

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    Two-Story Apartment Building
    Two-Story Apartment Building

    3808 SW Canal Blvd, Redmond, OR 97756

    Contact for pricing

    New two-story residential building complex with 24 units and on-site maintenance and trash facilities.

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    Based on your search, we've compiled 80 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    RV and Boat Storage with Residence
    RV and Boat Storage with Residence

    1584 N Gardner Road, Prineville, OR 97754

    $1,649,000
    3,200 sqft 1.89 AC lot

    Fully fenced RV and boat storage facility with secure keypad access, 60 spaces, and an owner residence plus heated shop.

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    Bend Multifamily Investment Opportunity
    Bend Multifamily Investment Opportunity

    2422-2444 NE Conners Ave, Bend, OR 97701

    $2,585,000
    12,314 sqft

    Fully leased 10-unit multifamily property near St. Charles Medical Center.

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    Six Duplex Portfolio With Garages
    Six Duplex Portfolio With Garages

    1147 SW Tee Lane, Prineville, OR 97754

    $2,700,000
    2,400 sqft 0.17 AC lot

    Turnkey portfolio of six maintained duplex buildings with enclosed garages and en-suite bedroom layouts.

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    42-Unit Garden-Style Apartment Community
    42-Unit Garden-Style Apartment Community

    1280-1330 NE Purcell Blvd, Bend, OR 97701

    $8,777,000
    37,712 sqft 1.98 AC lot

    Forty-two two-bedroom flats in six two-story buildings with covered parking and 100% occupancy.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreational Land in Juniper Hills
    Recreational Land in Juniper Hills

    16556 SE Antelope Creek Drive, Prineville, OR 97754

    $100,000
    2.54 AC lot

    2.54-acre recreational lot with utilities and RV hookups.

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    Recreational Land Near River, Bend
    Recreational Land Near River, Bend

    16852 ELSINORE RD, Bend, OR 97707

    $78,000
    0.57 AC lot

    0.57 acres near the river, ideal for recreation.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    Biggs-Rufus Hwy, Wasco, OR 97065

    $2,600,000
    19.00 AC lot

    19-acre commercial land parcel with 1,578 feet of road frontage and prominent visibility from Highway 97 and I-84.

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    Acre Land Parcel in Chiloquin
    Acre Land Parcel in Chiloquin

    Cloudcap Drive, Chiloquin, OR 97624

    Contact for pricing
    1.00 AC lot

    One acre land parcel with utilities in Chiloquin, Oregon.

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    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

    $1,100,000
    Estimated value
    8,928 sqft 0.80 AC lot
    View details
    7777 Hwy 97
    CAMPGROUND, RV PARK

    7777 Hwy 97, Redmond, OR 97756-9678

    $3,500,000
    Estimated value
    55 sqft 7.98 AC lot
    View details
    1840 15th St
    APARTMENT HOUSE (5+ UNITS)

    1840 15th St, Redmond, OR 97756-2075

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

    3025 7th St, Redmond, OR 97756

    $1,230,000
    Estimated value
    1.47 AC lot
    View details
    3610 Metolius Ave
    APARTMENT HOUSE (5+ UNITS)

    3610 Metolius Ave, Redmond, OR 97756-6749

    Value Estimation 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
    Value Estimation by Request
    7,652 sqft 0.77 AC lot
    View details
    2250 21st St
    APARTMENT HOUSE (5+ UNITS)

    2250 21st St, Redmond, OR 97756-1796

    $6,445,000
    Estimated value
    2.04 AC lot
    View details
    319 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    319 Greenwood Ave, Redmond, OR 97756-1567

    Value Estimation by Request
    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 54,510 square feet of properties for sale, with an estimated market value of $18,441,382.

    Sale prices for multifamily properties in Redmond, OR start at $263,254, averaging $1,229,425, 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 8
    Apartment buildings 5
    Quadplexes 3

    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 $1.7M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Deschutes County

    Retail

    Property Size Breakdown

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

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