Listing provided courtesy of Compass Commercial Real Estate- MLS# 220223934
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2598 NW Spruce ConeRedmond, OR 97756
Multi-Family · 23,178 Sq. ft. | 1.04 Acres$6,240,000
Active
2598 NW Spruce Cone Overview
- Time on Site:
- 7 days
- Visits:
- 0
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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2598 NW Spruce Cone Facts & Features
- Type Multi-Family
- Sq. ft. 23,178
- Price/Sq.ft. $269
- Lot 1.04 Acres
Details
General
Association/HOA
- Association: false
School Information
- Elementary School: Tom McCall Elem
- Middle Or Junior School: Elton Gregory Middle
- High School: Redmond High
Building Information
- New Construction: false
- Year Built: 2022
Location/Region
- County Or Parish: Deschutes
- Subdivision Name: Dry Canyon
Tax Information
- Tax Annual Amount: 44072.12
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 280764
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Special Listing Conditions: Standard
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Assessor
- Building Area Total: 23178.0
General Information
- Common Walls: 2+ Common Walls
- Flooring: Carpet,Laminate
- Foundation Details: Slab
- Levels: Two
Exterior
Parking Information
- Parking Features: Driveway,On Street
Lot Information
- Additional Parcels Description: 151305AB04500; 151305AB04400; 151305AB04300; 151305AB04200; 151305AB04100; 151305AB04000; 151305AB03900; 151305AB03800; 151305AB04600; 151305AB04700; 151305AB04800; 151305AB04900; 151305AB05000; 151305AB05100; 151305AB05200
- Additional Parcels: true
- Lot Size Acres: 1.04
- Lot Size Area: 1.04
- Lot Size Square Feet: 45302.4
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Architectural Style: Traditional
- Attached Garage: false
- Roof: Composition
General Information
- Number Of Units Total: 16
- Sewer: Public Sewer
2598 NW Spruce Cone Neighborhood
Community
97756 (Redmond) Demographics
39
Median Age
348
Population Density (per sq. mile)
35%
College Educated
$66,120
Estimated Median Income
10,234
Estimated Total Home Owners
5,018
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2598 NW Spruce Cone Monthly Cost
2598 NW Spruce Cone Market Data
Based on the last 30 days in this zip code
$685,981
Average List Price
$361
Average Price per Square Foot
98
Properties Sold
104
Average Days on Market
507
Properties for Sale
2598 NW Spruce Cone History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: Oregon Datashare | June 23, 2026 |