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2150 SW Canyon Dr 4 Unit Apartment Building $999,500 ($249,875/Unit) Redmond, OR 97756

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Executive Summary

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.

Property Facts

Price	$999,500	Building Class	B
Price Per Unit	$249,875	Lot Size	0.31 AC
Sale Type	Investment	Building Size	4,153 SF
No. Units	4	No. Stories	2
Property Type	Multifamily	Year Built	2000
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$999,500
Price Per Unit	$249,875
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Building Class	B
Lot Size	0.31 AC
Building Size	4,153 SF
No. Stories	2
Year Built	2000
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.