215 NW Canal, Redmond, OR 97756
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
215 NW Canal,Redmond, OR 97756
$1,450,000
- - Beds
- - Baths
- 7,978 sq. ft.
- Multi-family
- Active
Listed by:luke ross
Office:compass commercial real estate
MLS#:220199856
Source:OR_SOMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$181.75
About this home
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. The property offers strong cash flows with a 7.29% pro forma cap rate. 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. This site is just minutes from Highway 97, the city's main arterial route, providing seamless connectivity to Bend, the Redmond Airport, and Central Oregon's broader economic hubs. 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.
Contact an agent
Home facts
- Year built:1972
- Listing ID #:220199856
- Added:160 day(s) ago
- Updated:September 26, 2025 at 02:34 PM
Rooms and interior
- Living area:7,978 sq. ft.
Heating and cooling
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Composition, Membrane
- Year built:1972
- Building area:7,978 sq. ft.
- Lot area:0.9 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$181.75
- Tax amount:$10,943 (2024)
New listings near 215 NW Canal
- New
$815,000Active6 beds 4 baths3,000 sq. ft.628 NE Apache, Redmond, OR 97756
MLS# 220209754Listed by: BEND PROPERTIES - New
$417,000Active3 beds 2 baths1,134 sq. ft.3145 SW Metolius, Redmond, OR 97756
MLS# 220209735Listed by: KELLER WILLIAMS REALTY CENTRAL OREGON - New
$435,000Active2 beds 1 baths1,136 sq. ft.664 SW 35th, Redmond, OR 97756
MLS# 220209738Listed by: KELLER WILLIAMS REALTY CENTRAL OREGON - New
$699,000Active3 beds 2 baths1,864 sq. ft.2525 Cliff Hawk, Redmond, OR 97756
MLS# 220209720Listed by: COLDWELL BANKER BAIN - New
$435,000Active3 beds 3 baths1,484 sq. ft.1100 Golden Pheasant Dr, Redmond, OR 97756
MLS# 615252277Listed by: THINK REAL ESTATE
- New
$435,000Active3 beds 1 baths1,056 sq. ft.1932 SW Curry, Redmond, OR 97756
MLS# 220209688Listed by: STELLAR REALTY NORTHWEST - New
$399,900Active3 beds 2 baths1,323 sq. ft.246 SE 6th, Redmond, OR 97756
MLS# 220209690Listed by: WINDERMERE REALTY TRUST - New
$299,990Active2 beds 3 baths1,500 sq. ft.1480 SW 16th, Redmond, OR 97756
MLS# 220209694Listed by: WINDERMERE REALTY TRUST - Open Sat, 11am to 1pmNew
$670,000Active4 beds 3 baths2,552 sq. ft.6649 NW 30th, Redmond, OR 97756
MLS# 220209682Listed by: RE/MAX KEY PROPERTIES - New
$469,500Active3 beds 2 baths1,634 sq. ft.1942 NW Jackpine, Redmond, OR 97756
MLS# 220209674Listed by: RE/MAX KEY PROPERTIES
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.