Data Source Brokerage:

    Berkshire Hathaway HomeServices Northwest Real Estate logo

    Berkshire Hathaway HomeServices Northwest Real Estate

    215 NW Canal Blvd, Redmond, OR 97756

    $1,450,000

    Active

    137 days ago

    18 beds
    9 baths
    7,254 sq ft
    Built in 1972

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Luke Ross, 201209892, Compass Commercial Real Estate

    Source: MLS of Central Oregon, #220199856, last updated on 3/2/2026

    About this property

    Canal Commons consists of 8 single family homes and 1 duplex all on one tax lot. Total of 10 units. Five manufactured homes and five stick built. 100% occupied. The property offers strong cash flows with a 7.54% cap rate on in place income. Please refer to attached offering memorandum in...

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    Neighborhood

    9 / 10

    John Tuck Elementary School

    4 / 10

    Elton Gregory Middle School

    4 / 10

    Redmond High School

    Provided by

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    Property details
    Interior

    Heating

    • Electric, Forced Air

    Cooling

    • None

    Features

    • Flooring: Carpet, Laminate
    • Has basement: No

    Interior area

    • Total structure area: 7,978

    Appliances

    • Included: Dishwasher, Microwave, Oven, Range
    Property

    Parking

    • Parking features: Asphalt, Attached Carport, Driveway, Gravel, On Street
    • Has Garage: No

    Features

    • Levels: One
    • Patio & porch: Covered, Front Porch, Deck
    • Has spa: No

    Lot

    • Size: 0.9 Acres

    Details

    • Parcel number: 122923
    • Zoning Description: R5
    Construction

    Type & style

    • Home type: Residential Income
    • Architectural style: Bungalow, Ranch, Traditional
    • Property subtype: Multi Family

    Materials

    • Frame
    • Foundation: Slab, None
    • Roof: Composition, Membrane

    Condition

    • New construction: No
    • Year built: 1972
    Utilities & green energy
    • Sewer: Public Sewer
    • Water: Public
    Community & HOA

    Community

    • Subdivision: Sothmans

    HOA

    • Has HOA: No

    Financial & listing details

    • Price per square foot: $200
    • Days on market: 335
    • Cumulative days on market: 335

    Neighborhood score

    3 / 5

    School score

    5.7 / 10

    Crime score

    2 / 10