Address
2598 Nw Spruce Cone, Redmond, OR
Price
$ 6,240,000
Property Attributes
  • MLS#220223934
  • TypeMulti-Family
  • Listing Status Active
  • CountyDeschutes
  • CityRedmond
  • NeighborhoodDry Canyon
  • Zip97756
  • StyleTraditional
  • Year Built2022
  • Taxes$ 44072
  • Price$ 6,240,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23178
  • Lot Size1.04 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description

Hatch Townhomes offers investors the opportunity to acquire a newer townhome portfolio in Redmond's Dry Canyon area. The offering includes 16 total units across eight duplex buildings, with a mix of 14 three-bedroom townhomes and two two-bedroom townhomes. Units feature attached 2-car garages, modern finishes, and layouts ranging from 1,370 SF to 1,460 SF. The portfolio is 100% occupied and professionally managed by High Desert Property Management. Current in-place rents remain below market for several units, creating a clear mark-to-market opportunity as scheduled increases take effect and leases renew. With 16 individual tax parcels, newer construction, and a park-adjacent setting near the Dry Canyon trail system, Hatch Townhomes offers stable current income with future pricing flexibility.

Elementary School Middle School High School
Tom McCall Elem Elementary School Elton Gregory Middle Middle School Redmond High High School
Price History
6/23/2026 Listed $6,240,000

General Features

Sewer Public Sewer
Heating Zoned
Cooling Zoned
Roof Composition
Architectural Style Traditional
Year Built 2022
Levels Two
Property Subtype Multi Family
Tax Year 2025
Additional Parcels Description 151305AB04500; 151305AB04400; 151305AB04300; 151305AB04200; 151305AB04100; 151305AB04000; 151305AB03900; 151305AB03800; 151305AB04600; 151305AB04700; 151305AB04800; 151305AB04900; 151305AB05000; 151305AB05100; 151305AB05200
County Deschutes
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Dry Canyon
Status Active
High School Redmond High
City Redmond
Zoning Description R5
Number Of Units Total 16
Lot Size Units Acres
Lot Size Square Feet 45302.4
Elementary School Tom McCall Elem
Tax Annual Amount 44072.12
Middle/Junior High School Elton Gregory Middle
Additional Parcels Y/N true
Structure Type Townhouse
Standard Status Active
Sewer_co_Public_sp_Sewer true

Interior Features

Flooring Carpet,Laminate
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Parking Features Driveway,On Street
Water Source Public
Lot Size Area 1.04
Foundation Details Slab
Building Area Total 23178
Lot Size Acres 1.04

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97756

Price
AVG $1.44M
$6.24M
Taxes
AVG $11,272
$44,072
Year Built
AVG 1994
2022