2598 NW Spruce Cone, Redmond, OR 97756
$6,240,000
Property Type:
Residential Income
Square Footage:
23,178
Lot Size (sq. ft.):
45,302
Status:
Active
Current Price:
$6,240,000
List Date:
6/23/2026
Last Modified:
6/23/2026
Overview
Description
Listing Details MLS# 220223934
General Property Information
- Property Sub Type
- Multi Family
- Building Area Total
- 23178
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- 16
- Year Built
- 2022
- Short Term Rental Permit YN
- No
- New Construction YN
- No
- Elementary School
- Tom McCall Elem
- Middle Or Junior School
- Elton Gregory Middle
- High School
- Redmond High
- Zoning
- R5
- Tax Annual Amount
- 44072.12
- Tax Year
- 2025
- CC&R's YN
- Yes
- Association YN
- No
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Architectural Style:
Traditional
Common Walls:
2+ Common Walls
Cooling:
Zoned
Flooring:
Carpet; Laminate
Foundation Details:
Slab
Heating:
Zoned
Levels:
Two
Roof:
Composition
Utilities:
Electricity Connected; Natural Gas Connected; Phone Connected
Parking Features:
Driveway; On Street
Structure Type:
Townhouse
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 2598
- Street Dir Prefix
- NW
- Street Name
- Spruce Cone
- County
- Deschutes
- State
- OR
- Postal Code
- 97756
- Subdivision Name
- Dry Canyon
Contract Information
- Original List Price
- 6240000
- List Price per SqFt
- 269.22
- Listing Contract Date
- 2026-06-22
Remarks and Miscellaneous
- Public Remarks
- 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.
Status Change Information
- Status Change Timestamp
- 2026-06-23
More Information
Parking Details
- # of Garages
- 16
Location, Tax, and Legal
- Cross Street
- NW 25th St
- Parcel Number
- 280764
- Tax Map Number
- 151305AB05300
- Lot Size Acres
- 1.04
- Lot Size Square Feet
- 45302
- Additional Parcels YN
- Yes
- Additional Parcels Description
- 151305AB04500; 151305AB04400; 151305AB04300; 151305AB04200; 151305AB04100; 151305AB04000; 151305AB03900; 151305AB03800; 151305AB04600; 151305AB04700; 151305AB04800; 151305AB04900; 151305AB05000; 151305AB05100; 151305AB05200
Architectural Style
- Traditional
- Yes
Common Walls
- 2+ Common Walls
- Yes
Cooling
- Zoned
- Yes
Flooring
- Carpet
- Yes
- Laminate
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Foundation Details
- Slab
- Yes
Heating
- Zoned
- Yes
Levels
- Two
- Yes
Roof
- Composition
- Yes
Structure Type
- Townhouse
- Yes
Parking Features
- Driveway
- Yes
- On Street
- Yes
Power Production
- None
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Water Source
- Public
- Yes
Special Listing Conditions
- Standard
- Yes
Listing Office:
Compass Commercial Real Estate
Last Updated: June - 23 - 2026
Information deemed reliable but not guaranteed.