Real Estate Investment Properties for Sale in Phoenix, OR

Looking for investment property in Phoenix, OR with high ROI ?

Explore a variety of short-term homes & houses in Phoenix, OR. Invest wisely with VRBO & Phoenix, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Phoenix, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
454 Elm Street Phoenix, OR Elevated Living with Breathtaking Views! Take in the scenery from the expansive south-faci...	3 beds \| 3 baths \| 2,564 sq.ft.	$515,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 3.15% Airbnb Rental Income: $792 Traditional Rental Income: $2759 Airbnb ROI: -1.6% Traditional ROI: 3.15%
4059 Fern Valley Road Phoenix, OR This urban rural farm property situated on a 15+ acre lot zoned EFU and with irrigation wa...	3 beds \| 2 baths \| 1,500 sq.ft.	$815,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 0.94% Airbnb Rental Income: $792 Traditional Rental Income: $2238 Airbnb ROI: -1.39% Traditional ROI: 0.94%
309 W 1st Street Phoenix, OR Motivated sellers--considering all reasonable offers! Step into this charming mid-century ...	3 beds \| 1 baths \| 1,360 sq.ft.	$335,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 6.73% Airbnb Rental Income: $792 Traditional Rental Income: $2741 Airbnb ROI: -0.48% Traditional ROI: 6.73%
3966 S. PACIFIC HWY, SB2756 Plan Phoenix, OR	3 beds \| 2 baths \| 1,512 sq.ft.	$224,500	Airbnb cash on cash: -0.18% Traditional cash on cash: 9.22% Airbnb Rental Income: $792 Traditional Rental Income: $2468 Airbnb ROI: -0.18% Traditional ROI: 9.22%
3966 S. PACIFIC HWY, S2458 Plan Phoenix, OR	2 beds \| 2 baths \| 1,392 sq.ft.	$184,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 9.65% Airbnb Rental Income: $889 Traditional Rental Income: $2134 Airbnb ROI: 0.65% Traditional ROI: 9.65%
3966 S. PACIFIC HWY, S2754 Plan Phoenix, OR	2 beds \| 2 baths \| 1,458 sq.ft.	$194,900	Airbnb cash on cash: 0.52% Traditional cash on cash: 9.44% Airbnb Rental Income: $889 Traditional Rental Income: $2204 Airbnb ROI: 0.52% Traditional ROI: 9.44%
3966 S. PACIFIC HWY, S2460 Plan Phoenix, OR	4 beds \| 2 baths \| 1,380 sq.ft.	$186,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 10.45% Airbnb Rental Income: $1372 Traditional Rental Income: $2298 Airbnb ROI: 2.89% Traditional ROI: 10.45%
3966 S. PACIFIC HWY S1459 Plan Phoenix, OR	2 beds \| 1 baths \| 826 sq.ft.	$147,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 9.88% Airbnb Rental Income: $889 Traditional Rental Income: $1769 Airbnb ROI: 1.28% Traditional ROI: 9.88%
3966 S. PACIFIC HWY, S27564 Plan Phoenix, OR	4 beds \| 2 baths \| 1,512 sq.ft.	$198,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 11.15% Airbnb Rental Income: $1372 Traditional Rental Income: $2568 Airbnb ROI: 2.6% Traditional ROI: 11.15%
Mitchell Plan Phoenix, OR	3 beds \| 2 baths \| 1,380 sq.ft.	$234,900	Airbnb cash on cash: -4.44% Traditional cash on cash: 3.33% Airbnb Rental Income: $792 Traditional Rental Income: $2198 Airbnb ROI: -4.44% Traditional ROI: 3.33%
Arboretum Plan Phoenix, OR	3 beds \| 2 baths \| 1,288 sq.ft.	$234,900	Airbnb cash on cash: -4.44% Traditional cash on cash: 3.19% Airbnb Rental Income: $792 Traditional Rental Income: $2167 Airbnb ROI: -4.44% Traditional ROI: 3.19%
4900 Cherry Ln Phoenix, OR 4900 Cherry Ln, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$3,550,000	Airbnb cash on cash: -1.84% Traditional cash on cash: -1.69% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: -1.84% Traditional ROI: -1.69%
5111 Cherry Ln Phoenix, OR 5111 Cherry Ln, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$1,350,000	Airbnb cash on cash: -1.64% Traditional cash on cash: -1.23% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: -1.64% Traditional ROI: -1.23%
5637 Springview Ct Phoenix, OR 5637 Springview Ct, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$340,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 0.92% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: -0.7% Traditional ROI: 0.92%
138 Monterey Dr Phoenix, OR 138 Monterey Dr, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 3.89% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: 0.6% Traditional ROI: 3.89%
0 Terri Dr Phoenix, OR 0 Terri Dr, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$2,950,000	Airbnb cash on cash: -1.82% Traditional cash on cash: -1.63% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: -1.82% Traditional ROI: -1.63%
4933 Summerview Dr Phoenix, OR 4933 Summerview Dr, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.59% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: -0.41% Traditional ROI: 1.59%
5726 Cherry Ln Phoenix, OR 5726 Cherry Ln, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.54% Airbnb Rental Income: $821 Traditional Rental Income: $1087 Airbnb ROI: 0.41% Traditional ROI: 4.54%
0 N Phoenix Rd Phoenix, OR 0 N Phoenix Rd, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$1,740,000	Airbnb cash on cash: -1.72% Traditional cash on cash: -1.4% Airbnb Rental Income: $821 Traditional Rental Income: $1013 Airbnb ROI: -1.72% Traditional ROI: -1.4%
4833 Hathaway Dr Phoenix, OR 4833 Hathaway Dr, Phoenix, OR 97504 \| Single Family Residential	4 beds \| 2 baths \| 2,286 sq.ft.	$695,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.95% Airbnb Rental Income: $1372 Traditional Rental Income: $3281 Airbnb ROI: -0.63% Traditional ROI: 2.95%
205 Dano Drive Phoenix, OR Welcome to 205 Dano Dr - a beautifully maintained end-unit townhome combining modern livin...	3 beds \| 3 baths \| 1,600 sq.ft.	$325,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 8.76% Airbnb Rental Income: $792 Traditional Rental Income: $3544 Airbnb ROI: -1.3% Traditional ROI: 8.76%
436 Montana Way Phoenix, OR 436 Montana Way, Phoenix, OR 97504 \| Single Family Residential	3 beds \| 2 baths \| 2,126 sq.ft.	$739,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 2.52% Airbnb Rental Income: $792 Traditional Rental Income: $3183 Airbnb ROI: -1.41% Traditional ROI: 2.52%
285 W Glenwood Rd Phoenix, OR 285 W Glenwood Rd, Phoenix, OR 97501 \| Other	N/A beds \| N/A baths \| N/A	$269,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.05% Airbnb Rental Income: $821 Traditional Rental Income: $1114 Airbnb ROI: -0.38% Traditional ROI: 2.05%
5626 Fallbrook Ln Phoenix, OR 5626 Fallbrook Ln, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.06% Airbnb Rental Income: $821 Traditional Rental Income: $1012 Airbnb ROI: 0.68% Traditional ROI: 4.06%
5633 Fallbrook Ln Phoenix, OR 5633 Fallbrook Ln, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$169,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.08% Airbnb Rental Income: $821 Traditional Rental Income: $1066 Airbnb ROI: 0.54% Traditional ROI: 4.08%
93 Northridge Ter Phoenix, OR 93 Northridge Ter, Phoenix, OR 97501 \| Manufactured Home	3 beds \| 2 baths \| 1,404 sq.ft.	$229,990	Airbnb cash on cash: -5.07% Traditional cash on cash: 3.71% Airbnb Rental Income: $792 Traditional Rental Income: $2383 Airbnb ROI: -5.07% Traditional ROI: 3.71%
Coleman Cr Rd Phoenix, OR Coleman Cr Rd, Phoenix, OR 97535 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 0.63% Airbnb Rental Income: $821 Traditional Rental Income: $944 Airbnb ROI: -0.74% Traditional ROI: 0.63%
4719 Hathaway Dr Phoenix, OR 4719 Hathaway Dr, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 7.89% Airbnb Rental Income: $821 Traditional Rental Income: $999 Airbnb ROI: 2.16% Traditional ROI: 7.89%
3555 S Pacific Hwy Spc 205 Phoenix, OR 3555 S Pacific Hwy Spc 205, Phoenix, OR 97501 \| Manufactured Home	3 beds \| 2 baths \| 1,392 sq.ft.	$174,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 11.45% Airbnb Rental Income: $792 Traditional Rental Income: $2315 Airbnb ROI: 0.32% Traditional ROI: 11.45%
985 N Phoenix Rd Phoenix, OR 985 N Phoenix Rd, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$749,000	Airbnb cash on cash: -1.39% Traditional cash on cash: -0.51% Airbnb Rental Income: $821 Traditional Rental Income: $1110 Airbnb ROI: -1.39% Traditional ROI: -0.51%
605 W 4th Street Phoenix, OR This charming house in Phoenix is waiting for someone new to call it home! Featuring gorge...	4 beds \| 3 baths \| 2,638 sq.ft.	$489,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.84% Airbnb Rental Income: $1372 Traditional Rental Income: $4405 Airbnb ROI: 0.31% Traditional ROI: 7.84%
4286 Aerial Heights Dr #TL1000 Phoenix, OR 4286 Aerial Heights Dr #TL1000, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$589,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -0.11% Airbnb Rental Income: $821 Traditional Rental Income: $1113 Airbnb ROI: -1.23% Traditional ROI: -0.11%
3555 S Pacific Hwy #48 Phoenix, OR 9555 S Pacific Hwy #48, Phoenix, OR 97501 \| Manufactured Home	3 beds \| 2 baths \| 1,380 sq.ft.	$174,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 11.29% Airbnb Rental Income: $792 Traditional Rental Income: $2290 Airbnb ROI: 0.32% Traditional ROI: 11.29%
1620 Pacific Lane Phoenix, OR Beautiful, well-maintained home and property in a highly sought-after neighborhood in Phoe...	3 beds \| 2 baths \| 2,160 sq.ft.	$740,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.85% Airbnb Rental Income: $792 Traditional Rental Income: $3328 Airbnb ROI: -1.29% Traditional ROI: 2.85%
2335 N Phoenix Rd Phoenix, OR 2335 N Phoenix Rd, Phoenix, OR 97504 \| Other	N/A beds \| N/A baths \| N/A	$3,950,000	Airbnb cash on cash: -1.85% Traditional cash on cash: -1.69% Airbnb Rental Income: $821 Traditional Rental Income: $1113 Airbnb ROI: -1.85% Traditional ROI: -1.69%
4359 Pioneer Rd Phoenix, OR 4359 Pioneer Rd, Phoenix, OR 97501 \| Other	N/A beds \| N/A baths \| N/A	$250,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.36% Airbnb Rental Income: $821 Traditional Rental Income: $1113 Airbnb ROI: -0.26% Traditional ROI: 2.36%
400 W 5th Street Phoenix, OR Welcome to this spacious 4-bedroom home in the heart of Phoenix, Oregon! Featuring two mas...	4 beds \| 4 baths \| 2,080 sq.ft.	$450,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 6.51% Airbnb Rental Income: $1372 Traditional Rental Income: $3558 Airbnb ROI: 0.33% Traditional ROI: 6.51%
713 Eastridge Dr Phoenix, OR 713 Eastridge Dr, Phoenix, OR 97504 \| Single Family Residential	3 beds \| 2 baths \| 1,949 sq.ft.	$489,900	Airbnb cash on cash: -1.14% Traditional cash on cash: 3.98% Airbnb Rental Income: $792 Traditional Rental Income: $2818 Airbnb ROI: -1.14% Traditional ROI: 3.98%
93 Northridge Ter #46 Phoenix, OR 93 Northridge Ter #46, Phoenix, OR 97501 \| Manufactured Home	3 beds \| 2 baths \| 1,504 sq.ft.	$229,990	Airbnb cash on cash: -5.07% Traditional cash on cash: 4.72% Airbnb Rental Income: $792 Traditional Rental Income: $2603 Airbnb ROI: -5.07% Traditional ROI: 4.72%
3966 S. PACIFIC HWY, #71 Plan Phoenix, OR 3966 S. PACIFIC HWY, #71 Plan, Phoenix, OR 97501 \| Manufactured Home	4 beds \| 2 baths \| 1,390 sq.ft.	$214,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 9.84% Airbnb Rental Income: $1372 Traditional Rental Income: $2496 Airbnb ROI: 2.27% Traditional ROI: 9.84%

Real Estate investment in Phoenix, OR

There are 59 properties for sale in the city of Phoenix . The median list price in Phoenix is $229,990 and the average price per square foot is $156. In December 2025, the average monthly cash on cash return in Phoenix is 5.00%. The average monthly rental income in Phoenix is $2,238.

Phoenix, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 59 investment properties available for sale in Phoenix.

In 2025, the best neighborhood to buy investment property is Phoenix.

The ROI for Short-Term is higher than the Long-Term in Phoenix with average rental income of $821.

Your search for investment property begins and ends here

Investment Property for Sale in Phoenix, OR

454 Elm Street

Phoenix, OR

3 beds | 3 baths | 2,564 sq.ft.

$515,000

Airbnb cash on cash: -1.6%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $792

Traditional Rental Income: $2759

Airbnb ROI: -1.6%

Traditional ROI: 3.15%

4059 Fern Valley Road

Phoenix, OR

3 beds | 2 baths | 1,500 sq.ft.

$815,000

Airbnb cash on cash: -1.39%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $792

Traditional Rental Income: $2238

Airbnb ROI: -1.39%

Traditional ROI: 0.94%

309 W 1st Street

Phoenix, OR

3 beds | 1 baths | 1,360 sq.ft.

$335,000

Airbnb cash on cash: -0.48%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $792

Traditional Rental Income: $2741

Airbnb ROI: -0.48%

Traditional ROI: 6.73%

3966 S. PACIFIC HWY, SB2756 Plan

Phoenix, OR

3 beds | 2 baths | 1,512 sq.ft.

$224,500

Airbnb cash on cash: -0.18%

Traditional cash on cash: 9.22%

Airbnb Rental Income: $792

Traditional Rental Income: $2468

Airbnb ROI: -0.18%

Traditional ROI: 9.22%

3966 S. PACIFIC HWY, S2458 Plan

Phoenix, OR

2 beds | 2 baths | 1,392 sq.ft.

$184,900

Airbnb cash on cash: 0.65%

Traditional cash on cash: 9.65%

Airbnb Rental Income: $889

Traditional Rental Income: $2134

Airbnb ROI: 0.65%

Traditional ROI: 9.65%

3966 S. PACIFIC HWY, S2754 Plan

Phoenix, OR

2 beds | 2 baths | 1,458 sq.ft.

$194,900

Airbnb cash on cash: 0.52%

Traditional cash on cash: 9.44%

Airbnb Rental Income: $889

Traditional Rental Income: $2204

Airbnb ROI: 0.52%

Traditional ROI: 9.44%

3966 S. PACIFIC HWY, S2460 Plan

Phoenix, OR

4 beds | 2 baths | 1,380 sq.ft.

$186,900

Airbnb cash on cash: 2.89%

Traditional cash on cash: 10.45%

Airbnb Rental Income: $1372

Traditional Rental Income: $2298

Airbnb ROI: 2.89%

Traditional ROI: 10.45%

3966 S. PACIFIC HWY S1459 Plan

Phoenix, OR

2 beds | 1 baths | 826 sq.ft.

$147,900

Airbnb cash on cash: 1.28%

Traditional cash on cash: 9.88%

Airbnb Rental Income: $889

Traditional Rental Income: $1769

Airbnb ROI: 1.28%