• Waterfront
Listing courtesy of Windermere Van Vleet & Assoc2, agent Steven Parmelee
Data last updated June 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Rare turnkey riverfront investment opportunity with exceptional upside potential. Property includes a 6-plex where every unit has been meticulously restored to like-new condition with extensive structural improvements and quality upgrades throughout. Features include mini-split HVAC systems, new roof, new windows, updated cabinets, flooring, plumbing and electrical fixtures, plus a new septic system and well system for long-term reliability. Property also includes an additional manufactured home, community laundry facility, dog run, and expansive parking area. The riverfront setting creates an attractive amenity for tenants or owner use while offering the potential to develop an additional revenue stream catering to short-stay or vacation clientele. Scheduled gross income of approximately $120,000 annually, low operating expenses, and an attractive 6.86% capitalization rate make this a compelling opportunity for investors seeking strong cash flow and future growth potential.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,000,000 · $250,000 down · 30 year term
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
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