What drives rental demand in Redmond?

Job stability, migration from high-cost areas, and lifestyle amenities fuel demand. Median rents support strong occupancy at 95%+. New developments maintain supply without oversaturation.

How competitive is Redmond's housing market?

Somewhat competitive with homes selling in 45–60 days and occasional multiple offers. Inventory at 1.5 months favors sellers. Multi-family sees similar trends with steady appreciation.

What are typical multi-family returns in Redmond?

Expect 6–8% ROI with cap rates around 6% and 3–4% appreciation. Average cash flow per unit reaches $2,000–$3,000 monthly. Renter occupancy hovers near 42% citywide.

Multi Family Investment Properties for Sale in Redmond, OR

Property at 1220 SW 18th St #1222, Redmond, OR

5 Bed
- Bath
1899 sft

1220 SW 18th St #1222, Redmond, OR, 97756

Property at 1212 SW 18th St #1210, Redmond, OR

5 Bed
- Bath
1899 sft

1212 SW 18th St #1210, Redmond, OR, 97756

Here are some other similar properties you might be interested in:

Property at 108 Whispering Willow Dr, Grants Pass, OR

2 Bed
2 Bath
1120 sft

108 Whispering Willow Dr, Grants Pass, OR, 97527

Property at 47521 School St, Oakridge, OR

1 Bed
1 Bath
672 sft

47521 School St, Oakridge, OR, 97463

Property at 610 Vaughan Ln #11, Lebanon, OR

3 Bed
2 Bath
1296 sft

610 Vaughan Ln #11, Lebanon, OR, 97355

Property at 3346 Sunnyview Rd NE UNIT 22, Salem, OR

3 Bed
2 Bath
1020 sft

3346 Sunnyview Rd NE UNIT 22, Salem, OR, 97301

Property at 1415 S Bertelsen Rd SPACE 88, Eugene, OR

3 Bed
2 Bath
1440 sft

1415 S Bertelsen Rd SPACE 88, Eugene, OR, 97402

Property at 277 Edwards Rd S UNIT 145, Monmouth, OR

2 Bed
2 Bath
938 sft

277 Edwards Rd S UNIT 145, Monmouth, OR, 97361

Property at 124 SE Country Side Ln, Winston, OR

3 Bed
2 Bath
1296 sft

124 SE Country Side Ln, Winston, OR, 97496

Property at 2241 Greensprings Dr UNIT 65, Klamath Falls, OR

3 Bed
2 Bath
1120 sft

2241 Greensprings Dr UNIT 65, Klamath Falls, OR, 97601

Property at 211 Ash St, Myrtle Point, OR

1 Bed
1 Bath
720 sft

211 Ash St, Myrtle Point, OR, 97458

Property at 2901 E 2nd St UNIT 77, Newberg, OR

2 Bed
2 Bath
1440 sft

2901 E 2nd St UNIT 77, Newberg, OR, 97132

Property at 1500 Gabriela Ct NE UNIT 27, Salem, OR

3 Bed
2 Bath
1596 sft

1500 Gabriela Ct NE UNIT 27, Salem, OR, 97301

2 Bed
1 Bath
1725 sft

815 E Ave, Powers, OR, 97466

Property at 1250 SE 13th Ave, Ontario, OR

2 Bed
1 Bath
700 sft

1250 SE 13th Ave, Ontario, OR, 97914

Property at 13620 SW Beef Bend Rd UNIT 16, Tigard, OR

4 Bed
2 Bath
1782 sft

13620 SW Beef Bend Rd UNIT 16, Tigard, OR, 97224

2 Bed
1 Bath
650 sft

555 1st St, Elkton, OR, 97436

Property at 1201 SW 28th St UNIT 4, Redmond, OR

2 Bed
2 Bath
924 sft

1201 SW 28th St UNIT 4, Redmond, OR, 97756

Property at 644 Raven Rd, Central Pt, OR

3 Bed
2 Bath
1296 sft

644 Raven Rd, Central Pt, OR, 97502

Property at 633 E Archwood Dr UNIT 131, Eagle Point, OR

3 Bed
2 Bath
1188 sft

633 E Archwood Dr UNIT 131, Eagle Point, OR, 97524

Property at 15765 Highway 101 #8, Brookings, OR

2 Bed
1 Bath
728 sft

15765 Highway 101 #8, Brookings, OR, 97415

2 Bed
1 Bath
900 sft

106 Iowa St, Eugene, OR, 97402

Property at 6100 S Highway 97 UNIT 40, Redmond, OR

2 Bed
2 Bath
924 sft

6100 S Highway 97 UNIT 40, Redmond, OR, 97756

Property at 591 SE Carrol St, Winston, OR

4 Bed
3 Bath
1782 sft

591 SE Carrol St, Winston, OR, 97496

Property at 591 SE Carroll St, Winston, OR

4 Bed
3 Bath
1782 sft

591 SE Carroll St, Winston, OR, 97496

Property at 1199 N Terry St SPACE 147, Eugene, OR

3 Bed
2 Bath
1404 sft

1199 N Terry St SPACE 147, Eugene, OR, 97402

Why Invest in Redmond, Oregon?

Multi-family properties in Redmond, OR offer strong investment potential amid steady population growth and housing demand. Central Oregon's lifestyle appeal drives rental demand, with homes selling quickly at median prices around $505K–$510K. Investors benefit from balanced market conditions, low days on market (45–60 days), and resilience compared to Bend. Rental yields average 6–7%, supported by job stability and new developments. Appreciation holds at 3–4% annually, making multi-family a reliable cash flow generator.

8.5%

Avg. ROI

6.8%

Rental Yield

6.2%

Cap Rate

$28500/mo

Avg. Cash Flow

$1950/mo

Avg. Rent

3.8%

1Y Appreciation

Frequently Asked Questions

Yes, Redmond offers stable growth with low days on market and population influx driving rental demand. Multi-family benefits from 6–7% yields and balanced supply. Affordability compared to Bend attracts investors seeking cash flow.

Find Your Perfect Investment Property in Redmond, Oregon

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Redmond, OR

Fix and Flip Properties in Redmond, OR

Short-Term Rental Properties in Redmond, OR

Find Properties

By Strategy

By Performance

Loan Products

Tools

Resources

Multi Family Investment Properties for Sale in Redmond, OR

Why Invest in Redmond, Oregon?

Frequently Asked Questions

Is Redmond, OR a good market for multi-family investments?

What drives rental demand in Redmond?

How competitive is Redmond's housing market?

What are typical multi-family returns in Redmond?

Find Your Perfect Investment Property in Redmond, Oregon

Explore by Investment Strategy

Explore by Performance

Explore by Property Type

Explore by Price Range

Popular Cities

Ziffy DSCR Loans for Oregon Investors