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Listing provided courtesy of Cascade Hasson SIR- MLS# 220214405MLS Provider

2150 SW Canyon DriveRedmond, OR 97756

Multi-Family · 4,153 Sq. ft. | 0.31 Acres
$975,000 Active

2150 SW Canyon Drive Overview

Time on Site:
151 days
Visits:
91

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.

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2150 SW Canyon Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,153
  • Price/Sq.ft. $235
  • Lot 0.31 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: M A Lynch Elem
  • Middle Or Junior School: Obsidian Middle
  • High School: Ridgeview High

Income/Expenses

  • Gross Income: 71700.0
  • Operating Expense: 6320.85

Building Information

  • New Construction: false
  • Year Built: 2000

Location/Region

  • County Or Parish: Deschutes
  • Subdivision Name: Canyon Villas

Tax Information

  • Tax Annual Amount: 7183.43
  • Tax Year: 2025

General Information

  • Exclusions: Tenent Personal property
  • Listing Terms: Cash,Conventional,VA Loan
  • Parcel Number: 200174
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 4153.0

General Information

  • Appliances: Dishwasher,Disposal,Oven,Range
  • Basement: None
  • Common Walls: 1 Common Wall
  • Flooring: Carpet,Vinyl
  • Foundation Details: Stemwall
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Attached,Driveway

Lot Information

  • Additional Parcels: false
  • Lot Features: Landscaped,Level
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Square Feet: 13503.6
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • View: Neighborhood

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Attached Garage: true
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

2150 SW Canyon Drive Neighborhood

Community

97756 (Redmond) Demographics

39
Median Age
348
Population Density (per sq. mile)
35%
College Educated
$66,120
Estimated Median Income
10,234
Estimated Total Home Owners
5,018
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2150 SW Canyon Drive Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2150 SW Canyon Drive Market Data

Based on the last 30 days in this zip code

$685,981
Average List Price
$361
Average Price per Square Foot
98
Properties Sold
104
Average Days on Market
507
Properties for Sale
Calculations provided by Reliance Network

2150 SW Canyon Drive History

Date Event Value Agent
6/17/2026Source: Oregon Datashare Price Reduction
$975,000 -2.5%
1/29/2026Source: Oregon Datashare Added to Database
January 29, 2026