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2908 NW Canal Blvd - Canal duplex with value add potential 2,142 SF Specialty Building Offered at $679,900 in Redmond, OR 97756

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EXECUTIVE SUMMARY

Awesome value add opportunity to purchase a completely remodeled income producing 6bed/4bath duplex that comes w/architectural plans to construct another duplex on this huge .51acre lot. This like new duplex was remodeled two years ago by a licensed residential contractor & the new features include; roof, vinyl windows, interior & exterior paint, cabinets, laminate countertops, vinyl plank & laminate wood flooring in living areas, carpet in bedrooms, efficient ductless heating/cooling systems, interior doors, trim, electrical, light fixtures, water heaters, sliding glass doors, & new garage doors w/openers. The mirroring duplex located at 2907 & 2909 SW Meadow Ln that’s sitting on the same size lot directly to the East is also available for $699,500, & it also has the same income producing value add opportunity w/architectural duplex plans included. Buy both properties, build two duplexes, & have eight like new units or have four income producing units with great future development potential

PROPERTY FACTS

Price $679,900
Price Per SF $317.41
Sale Type Investment
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype Residential Income
Lot Size 0.51 AC
Building Size 2,142 SF
No. Stories 1
Year Built/Renovated 1972/2023
Zoning R4
  • Listing ID: 34977490

  • Date on Market: 2/28/2025

  • Last Updated:

  • Address: 2908 NW Canal Blvd, Redmond, OR 97756

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