2598 NW Spruce Cone, Redmond, OR 97756

Redmond
Local realty services provided by:Duke Warner Realty ERA Powered
2598 NW Spruce Cone,Redmond, OR 97756
$6,240,000
  • - Beds
  • - Baths
  • 23,178 sq. ft.
  • Multi-family
  • Active
Listed by: daniel b kemp, jay edward lyons
Office: compass commercial real estate
MLS#:220223934
Source:OR_SOMLS

Price summary

  • Price:$6,240,000
  • Price per sq. ft.:$269.22

About this home

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.

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Home facts

  • Year built:2022
  • Subdivision & Development:Dry Canyon
  • Listing ID #:220223934
  • Added:57 day(s) ago
  • Updated:August 20, 2026 at 02:42 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:23,178 sq. ft.

Heating and cooling

  • Cooling:Zoned
  • Heating:Zoned

Structure and exterior

  • Roof:Composition
  • Year built:2022
  • Building area:23,178 sq. ft.
  • Lot area:1.04 Acres
  • Architectural Style:Traditional
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Redmond High
  • Middle school:Elton Gregory Middle
  • Elementary school:Tom McCall Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,240,000
  • Price per sq. ft.:$269.22
  • Tax amount:$44,072 (2025)

Parking

  • Parking description:Driveway, On Street

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