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2150 SW Canyon Dr 4 Unit Apartment Building Offered at $1,370,474 CAD Redmond, OR 97756
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 | $1,370,474 CAD | Building Size | 4,153 SF |
| Price Per Unit | $342,619 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 2000 |
| No. Units | 4 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price | $1,370,474 CAD |
| Price Per Unit | $342,619 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 4,153 SF |
| No. Stories | 2 |
| Year Built | 2000 |
| Opportunity Zone |
Yes |
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2150 SW Canyon Dr
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