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    Underwood, WA
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    Underwood, WA Residential Income Properties for Sale

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    Hood River, OR White Salmon, WA Bingen, WA Cook, WA Mosier, OR Mt Hood Prkdl, OR Carson, WA Lyle, WA
    Waterfront Land with River Frontage
    Updated: May 5, 2025
    Waterfront Land with River Frontage

    11 WESS Rd, Underwood, WA 98651

    $3,900,000
    49.00 AC lot
    49‑acre waterfront land in the Columbia Gorge National Scenic Area
    Two non‑conforming parcels: approx. 19.5 acres and 30 acres
    Zoned A‑1
    River frontage plus bluff viewpoint
    Includes 17 acres described as marketable timber, with remainder open farmland
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Historic Restaurant and Bar
    Historic Restaurant and Bar

    1258 Highway 141, White Salmon, WA 98672

    $1,195,000
    7,656 sqft

    Hospitality property combines dining, lodging, an apartment, patio seating, and two RV hookups near year-round recreation.

    View details
    Triplex with New Major Systems
    Triplex with New Major Systems

    965 SW Pucker Huddle Rd, White Salmon, WA 98672

    $725,000
    3,200 sqft

    Three-unit property with recent roof, exterior paint, water main, and septic improvements.

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    17-Unit Apartment Building with Laundry
    17-Unit Apartment Building with Laundry

    The Dalles, OR 97058

    $2,830,000
    40,075 sqft 0.94 AC lot

    Cottage-style residences include a shared play area, on-site laundry, and a dedicated studio office space.

    View details
    17-Unit Apartment Property
    17-Unit Apartment Property

    The Dalles, OR 97058

    $2,830,000
    40,075 sqft 0.94 AC lot

    Duplex cottage apartments include shared outdoor space, a play structure, and separate coin-operated laundry facilities.

    View details

    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.

    Unique Land with River Views
    Unique Land with River Views

    62071 STATE HWY 14, Underwood, WA 98651

    $649,000
    13.92 AC lot

    Almost 14 acres with river and mountain views.

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    Ready-to-Build Lots in Hood River
    Ready-to-Build Lots in Hood River

    Hood River, OR 97031

    $399,000

    Desirable Westside location with utilities and ADU potential.

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    Ready-to-Build Lots in Hood River
    Ready-to-Build Lots in Hood River

    Hood River, OR 97031

    $399,000

    Desirable Westside location with utilities, ADU zoning, and views.

    View details
    Ready-to-Build Lots in Hood River
    Ready-to-Build Lots in Hood River

    Hood River, OR 97031

    $399,000

    Desirable Westside location with utilities installed and ADU zoning.

    View details

    Underwood, WA Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Underwood, WA on our real estate platform.

    Sale prices for residential income properties in Underwood, WA average $3,900,000 — 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

    Single family properties 1

    Demographics Overview

    Population 935
    Population Growth (5Y) +8.6%
    Median Household Income $87,419
    College Educated 54.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    98651 $3.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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