Real Estate Investment Properties for Sale in Damascus, OR

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

Explore a variety of short-term homes & houses in Damascus, OR. Invest wisely with VRBO & Damascus, 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 Damascus, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12510 SE 199TH DR Damascus, OR Welcome home to your country oasis on a quiet acre in Damascus! Close to Damascus and Happ...	4 beds \| 3 baths \| 1,875 sq.ft.	$675,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 4.11% Airbnb Rental Income: $3411 Traditional Rental Income: $3730 Airbnb ROI: 2.4% Traditional ROI: 4.11%
15574 SE LIMESTONE LN Damascus, OR Your future home awaits in this stunning community with private parks and recreation. Ente...	3 beds \| 3 baths \| 1,926 sq.ft.	$549,999	Airbnb cash on cash: 4.01% Traditional cash on cash: 5.02% Airbnb Rental Income: $4060 Traditional Rental Income: $3712 Airbnb ROI: 4.01% Traditional ROI: 5.02%
16414 SE BRANT CT Damascus, OR Beautifully updated home in Orchard Lake featuring 4 bedrooms and 2.5 baths and separate o...	4 beds \| 3 baths \| 2,498 sq.ft.	$689,950	Airbnb cash on cash: 1.89% Traditional cash on cash: 3.97% Airbnb Rental Income: $3411 Traditional Rental Income: $3990 Airbnb ROI: 1.89% Traditional ROI: 3.97%
15390 SE ONDO RIVERA DR Damascus, OR Sprawl out in this nicely updated single level ranch on just over 1/3 acre lot in a great ...	3 beds \| 2 baths \| 1,600 sq.ft.	$614,900	Airbnb cash on cash: 3.56% Traditional cash on cash: 3.85% Airbnb Rental Income: $4060 Traditional Rental Income: $3357 Airbnb ROI: 3.56% Traditional ROI: 3.85%
16400 SE HIGHWAY 224 Damascus, OR PRIME COMMERCIAL DEVELOPMENT PROPERTY IN THE APPROVED PLEASANT VALLEY NORTH CARVER COMPREH...	4 beds \| 2 baths \| 3,508 sq.ft.	$1,900,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 1.01% Airbnb Rental Income: $3411 Traditional Rental Income: $4097 Airbnb ROI: 0.2% Traditional ROI: 1.01%
15396 SE GRANITE DR Damascus, OR Welcome to this captivating 2-story 5-bedroom and one bonus room at the main level residen...	5 beds \| 3 baths \| 2,574 sq.ft.	$680,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $4290 Airbnb ROI: N/A Traditional ROI: 4.55%
16325 SE PYRITE ST Damascus, OR Concessions available. Please contact agent. *Bonus available with offer by November 15th....	3 beds \| 3 baths \| 1,518 sq.ft.	$428,500	Airbnb cash on cash: 5.37% Traditional cash on cash: 5.2% Airbnb Rental Income: $4060 Traditional Rental Income: $3125 Airbnb ROI: 5.37% Traditional ROI: 5.2%
16265 SE HIGHWAY 224 Damascus, OR Incredible opportunity to purchase a home/office and shop with RC zoning in a fantastic lo...	2 beds \| 1 baths \| 1,038 sq.ft.	$600,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 2.22% Airbnb Rental Income: $3210 Traditional Rental Income: $2108 Airbnb ROI: 2.89% Traditional ROI: 2.22%
16867 SE Siri CT Damascus, OR Welcome to this stunning move-in ready home, where light and bright meet luxury and comfor...	4 beds \| 3 baths \| 2,252 sq.ft.	$679,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.01% Airbnb Rental Income: $3411 Traditional Rental Income: $3879 Airbnb ROI: 2.07% Traditional ROI: 4.01%
16911 SE Siri CT Damascus, OR Welcome to this exquisite move-in ready residence, where elegance meets comfort in a brigh...	4 beds \| 3 baths \| 2,198 sq.ft.	$679,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 4.33% Airbnb Rental Income: $3411 Traditional Rental Income: $4083 Airbnb ROI: 2.07% Traditional ROI: 4.33%
10400 SE EASTMONT DR Damascus, OR Welcome to this Mid-Century Modern beauty nestled on a private acre of land with a view of...	5 beds \| 2 baths \| 2,582 sq.ft.	$710,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.78% Airbnb Rental Income: $null Traditional Rental Income: $4399 Airbnb ROI: N/A Traditional ROI: 4.78%
23322 SE BOHNA PARK RD Damascus, OR This exquisite 3,480-square-foot, one-level home is a masterpiece of design and functional...	4 beds \| 4 baths \| 3,480 sq.ft.	$1,800,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 1.36% Airbnb Rental Income: $3411 Traditional Rental Income: $4215 Airbnb ROI: 0.43% Traditional ROI: 1.36%
14905 SE ONDO RIVERA DR Damascus, OR Welcome to this beautifully updated 4-bedroom, 2 and a half bath home, offering 2,354 sq. ...	4 beds \| 3 baths \| 2,354 sq.ft.	$740,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 3.65% Airbnb Rental Income: $3411 Traditional Rental Income: $3997 Airbnb ROI: 1.71% Traditional ROI: 3.65%
14754 SE WY EAST AVE Damascus, OR Opportunity Knocks! Over 1500 sqft of main level living on an approx. 3/4 acre lot! Just m...	3 beds \| 2 baths \| 1,530 sq.ft.	$549,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 4.42% Airbnb Rental Income: $4060 Traditional Rental Income: $3233 Airbnb ROI: 4.34% Traditional ROI: 4.42%
15052 SE REGNER TERRACE DR Damascus, OR (OPEN SUNDAY 1/12/25 1-3PM) Welcome to a wonderful well maintained home over flowing with ...	3 beds \| 3 baths \| 1,840 sq.ft.	$654,950	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.81% Airbnb Rental Income: $4060 Traditional Rental Income: $3484 Airbnb ROI: 3.34% Traditional ROI: 3.81%
13977 SE WIESE RD Damascus, OR Welcome to a beautifully renovated gem in the heart of Damascus, Oregon. Nestled on a spra...	3 beds \| 3 baths \| 2,444 sq.ft.	$799,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 4.14% Airbnb Rental Income: $4060 Traditional Rental Income: $4330 Airbnb ROI: 2.61% Traditional ROI: 4.14%
21145 SE TILLSTROM RD Damascus, OR Spacious 4260 SF home on 10.7 acres . First time on the market in 50 years. Big open kitch...	4 beds \| 2 baths \| 4,260 sq.ft.	$889,950	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.41% Airbnb Rental Income: $3411 Traditional Rental Income: $3983 Airbnb ROI: 1.8% Traditional ROI: 3.41%

Real Estate investment in Damascus, OR

There are 17 properties for sale in the city of Damascus . The median list price in Damascus is $679,900 and the average price per square foot is $311. In January 2025, the average monthly cash on cash return in Damascus is 4.00%. The average monthly rental income in Damascus is $3,879.

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

There are 17 investment properties available for sale in Damascus.

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

The ROI for Long-Term is higher than the Short-Term in Damascus with average rental income of $3,879.

Your search for investment property begins and ends here

Investment Property for Sale in Damascus, OR

12510 SE 199TH DR

Damascus, OR

4 beds | 3 baths | 1,875 sq.ft.

$675,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $3411

Traditional Rental Income: $3730

Airbnb ROI: 2.4%

Traditional ROI: 4.11%

15574 SE LIMESTONE LN

Damascus, OR

3 beds | 3 baths | 1,926 sq.ft.

$549,999

Airbnb cash on cash: 4.01%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $4060

Traditional Rental Income: $3712

Airbnb ROI: 4.01%

Traditional ROI: 5.02%

16414 SE BRANT CT

Damascus, OR

4 beds | 3 baths | 2,498 sq.ft.

$689,950

Airbnb cash on cash: 1.89%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $3411

Traditional Rental Income: $3990

Airbnb ROI: 1.89%

Traditional ROI: 3.97%

15390 SE ONDO RIVERA DR

Damascus, OR

3 beds | 2 baths | 1,600 sq.ft.

$614,900

Airbnb cash on cash: 3.56%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $4060

Traditional Rental Income: $3357

Airbnb ROI: 3.56%

Traditional ROI: 3.85%

16400 SE HIGHWAY 224

Damascus, OR

4 beds | 2 baths | 3,508 sq.ft.

$1,900,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 1.01%

Airbnb Rental Income: $3411

Traditional Rental Income: $4097

Airbnb ROI: 0.2%

Traditional ROI: 1.01%

15396 SE GRANITE DR

Damascus, OR

5 beds | 3 baths | 2,574 sq.ft.

$680,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.55%

Airbnb Rental Income: $null

Traditional Rental Income: $4290

Airbnb ROI: N/A

Traditional ROI: 4.55%

16325 SE PYRITE ST

Damascus, OR

3 beds | 3 baths | 1,518 sq.ft.

$428,500

Airbnb cash on cash: 5.37%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $4060

Traditional Rental Income: $3125

Airbnb ROI: 5.37%

Traditional ROI: 5.2%

16265 SE HIGHWAY 224

Damascus, OR

2 beds | 1 baths | 1,038 sq.ft.

$600,000

Airbnb cash on cash: 2.89%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $3210

Traditional Rental Income: $2108

Airbnb ROI: 2.89%