USAORRedmondSothman's215 Nw Canal Blvd
Canal Commons-Cover | Image 1
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215 Nw Canal Blvd, Redmond, OR

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,450,000

000

MLS® 220199856

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $10,943
Days Active 268
Lot Size 0.9 acres
Approx. Age 1972
MLS® Number 220199856

Property Address: 215 Nw Canal Blvd, Redmond, OR, 97756-1864

Average square foot calculated using Size range provided by listing agent.

Description

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 7.4% cap rate. Please refer to attached offering memorandum in documents section for rent roll and expenses. Tenants are separately metered for gas and electric. Owner pays water, sewer, and trash with some tenant bill backs in place. Located in the heart of Redmond, the property offers convenient access to local amenities and transportation routes. Its central location makes it an attractive option for residents seeking proximity to downtown Redmond and other key areas. The property sits directly off NW Canal Blvd, a growing mixed-use spine that has seen increased interest from developers due to recent zoning updates and urban renewal efforts
MLS® Number220199856
Laundry Level
Central VacNo
FireplaceNo
Acreage0.9
Exterior
GarageNo
Approx. Age1972
BasementNone
DrivewayAsphalt, Attached Carport, Driveway, Gravel, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 18, 2025List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
215 Nw Canal Blvd, Redmond, OR

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