2598 Nw Spruce Cone, Redmond, OR

$6,240,000

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1.04

Acres

About 2598 Nw Spruce Cone

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.

Features of 2598 Nw Spruce Cone

MLS® # 220223934
Price $6,240,000
Acres 1.04
Year Built 2022
Type Residential Income
Sub-Type Multi Family
Style Traditional
Status Active

Community Information

Address 2598 Nw Spruce Cone
Subdivision Dry Canyon
City Redmond
County Deschutes
State OR
Zip Code 97756

Amenities

Parking Driveway, On Street
Is Waterfront No

Interior

Heating Zoned
Cooling Zoned
Fireplace No
Stories Two

Exterior

Roof Composition
Foundation Slab

School Information

Elementary Tom McCall Elem
Middle Elton Gregory Middle
High Redmond High

Additional Information

Date Listed June 22nd, 2026
Days on Market 1
Zoning R5

Listing Details

OfficeCompass Commercial Real Estate

Listing Map

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