2150 SW Canyon Dr - Apartments FOR SALE


Redmond, OR 97756
$999,500 USD
541-788-2383
2150 SW Canyon Dr, Redmond, OR for Sale
$999,500 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

2150 SW Canyon Dr
Redmond, OR 97756


OVERVIEW

Build equity with this newer, spacious 4-plex in SW Redmond, located in a desirable neighborhood with a strong rental history. Current monthly rent roll of $5,975, with all four units eligible for rent increases this year and additional upside through future vacancies or strategic improvements. The well-balanced unit mix includes two two-story units and two single-level units, each offering a single-car garage and private fenced yard, features that support long-term tenant retention and consistent demand. The location adds long-term confidence with close proximity to Bend and downtown Redmond along with employment centers. Positioned within a market benefiting from Redmond's continued growth, infrastructure investment, and expanding rental demand. This property offers a blend of current cash flow, built-in upside, and future appreciation in one of Central Oregon's strongest rental corridors.

FOR SALE DETAILS

PRICE

$999,500 USD

PRICE/SF

$220 USD /SF

# OF UNITS

4

PRICE/UNIT

$249,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,662 SF

ZONING

-

APN/PARCEL ID

200174

ASK ABOUT THIS PROPERTY

Brandon Cook-BostickCascade Hasson Sotheby's International RealtyMore Info
541-788-2383

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Brandon Cook-BostickCascade Hasson Sotheby's International RealtyMore Info
541-788-2383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.