Real Estate Investment Properties for Sale in Hermiston, OR

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
950 W HERMISTON AVE Hermiston, OR This is an adorable home on an oversized lot. The home has had significant updates in the...	2 beds \| 1 baths \| 800 sq.ft.	$254,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.73% Airbnb Rental Income: $null Traditional Rental Income: $2138 Airbnb ROI: N/A Traditional ROI: 6.73%
865 W ORCHARD AVE Hermiston, OR Discover this 2-bedroom, 1-bathroom bungalow nestled on a spacious lot. Offering a blend o...	2 beds \| 1 baths \| 1,022 sq.ft.	$264,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.63% Airbnb Rental Income: $null Traditional Rental Income: $2474 Airbnb ROI: N/A Traditional ROI: 7.63%
2110 NW DAWN DR Hermiston, OR A stunning home providing comfort and elegance! The main level features an inviting dinin...	3 beds \| 3 baths \| 1,833 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $3282 Airbnb ROI: N/A Traditional ROI: 6.45%
515 SW DESERT SKY DR Hermiston, OR Custom 2020 Built Desert Sky Estates home in a premier Hermiston Subdivision! This incredi...	4 beds \| 3 baths \| 2,954 sq.ft.	$584,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $3898 Airbnb ROI: N/A Traditional ROI: 4.75%
503 E Heather AVE Hermiston, OR Discover your dream home built in 2022, offering four inviting bedrooms and two well-appoi...	4 beds \| 2 baths \| 1,906 sq.ft.	$452,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.43% Airbnb Rental Income: $null Traditional Rental Income: $3289 Airbnb ROI: N/A Traditional ROI: 5.43%
1453 NE KENNA DR Hermiston, OR Cozy 3-bedroom, 2-bath home built in 2019, offering 1,296 sq ft of comfortable living spac...	3 beds \| 2 baths \| 1,296 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.39% Airbnb Rental Income: $null Traditional Rental Income: $3034 Airbnb ROI: N/A Traditional ROI: 7.39%
1797&1793 NE 8th Street Hermiston, OR TURN-KEY INVESTMENT PROPERTIES with professional property management and tenants in place....	N/A beds \| N/A baths \| N/A	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.44% Airbnb Rental Income: $null Traditional Rental Income: $2010 Airbnb ROI: N/A Traditional ROI: 2.44%
1020 SW 19TH CT Hermiston, OR RARE Single Level Home in HIGHLY Desirable Neighborhood! You will love the privacy along w...	4 beds \| 2 baths \| 2,203 sq.ft.	$499,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $3451 Airbnb ROI: N/A Traditional ROI: 5.12%
1026 NE EMERALD DR Hermiston, OR MOVE IN READY! Discover the allure of Hermiston, Oregon's newest community with the Ambien...	2 beds \| 1 baths \| 1,001 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.52% Airbnb Rental Income: $null Traditional Rental Income: $2223 Airbnb ROI: N/A Traditional ROI: 9.52%
1038 NE EMERALD DR Hermiston, OR 10k Builder incentive! MOVE IN READY! Discover the allure of Hermiston, Oregon's newest co...	3 beds \| 2 baths \| 1,163 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.37% Airbnb Rental Income: $null Traditional Rental Income: $3020 Airbnb ROI: N/A Traditional ROI: 11.37%
5 SW ALDERBROOKE PL Hermiston, OR Welcome to your dream home nestled on a sprawling lot in a serene and friendly cul-de-sac....	3 beds \| 3 baths \| 2,375 sq.ft.	$417,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $3686 Airbnb ROI: N/A Traditional ROI: 6.71%
931 SW 14th PL Hermiston, OR In a great location, this elegant home is packed with upscale amenities! Inside, you'll fi...	3 beds \| 2 baths \| 1,493 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.12% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 4.12%
29495 Knight Rd Hermiston, OR Discover this expansive estate sitting on 4.45 acres with full water rights, featuring a s...	3 beds \| 2 baths \| 4,374 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.73% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 1.73%
310 E MONTANA AVE Hermiston, OR Eco-Friendly, Low-Cost Living Awaits at 310 E Montana!. This double-wide manufactured home...	4 beds \| 2 baths \| 1,512 sq.ft.	$288,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $3013 Airbnb ROI: N/A Traditional ROI: 8.61%
29477 Knight Rd Hermiston, OR Newly listed, quiet and peaceful home in the countryside! Adjacent property is also for sa...	3 beds \| 3 baths \| 2,720 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $3662 Airbnb ROI: N/A Traditional ROI: 4.99%
77867 COTTONWOOD BEND RD Hermiston, OR Have you been dreaming of your own private oasis and privacy? Look no further than this be...	4 beds \| 2 baths \| 1,840 sq.ft.	$715,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $3147 Airbnb ROI: N/A Traditional ROI: 3.18%
1535 E HURLBURT AVE Hermiston, OR Stunning 2021 built home in Hermiston's Highland Summit neighborhood! The open floor plan ...	3 beds \| 3 baths \| 1,896 sq.ft.	$370,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $3544 Airbnb ROI: N/A Traditional ROI: 7.55%
31437 MEDVILL CT Hermiston, OR Beautiful 4-bedroom, 2-bathroom home is situated on 2 irrigated acres for sale in a Beauti...	4 beds \| 2 baths \| 1,950 sq.ft.	$590,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $3074 Airbnb ROI: N/A Traditional ROI: 3.8%
846 NE 10TH PL Hermiston, OR Discover the allure of Hermiston, Oregon's newest community with the Ambience Homes "onyx"...	2 beds \| 1 baths \| 1,001 sq.ft.	$206,400	Airbnb cash on cash: N/A Traditional cash on cash: 10.25% Airbnb Rental Income: $null Traditional Rental Income: $2333 Airbnb ROI: N/A Traditional ROI: 10.25%
1922 NW ARCHER DR Hermiston, OR Welcome to your dream home! This stunning open-concept residence features three spacious b...	3 beds \| 2 baths \| 1,547 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $3204 Airbnb ROI: N/A Traditional ROI: 7.01%
774 NE 11TH ST Hermiston, OR Welcome to 774 NE 11th St., a stunning townhome in the heart of Hermiston's new Diamond Ru...	3 beds \| 3 baths \| 1,348 sq.ft.	$282,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.21% Airbnb Rental Income: $null Traditional Rental Income: $3030 Airbnb ROI: N/A Traditional ROI: 9.21%
81674 LIND RD Hermiston, OR Rare find! This charming 3-bedroom, 2-bath home is nestled on 4.19 acres and offers everyt...	3 beds \| 2 baths \| 1,512 sq.ft.	$435,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.6% Airbnb Rental Income: $null Traditional Rental Income: $3134 Airbnb ROI: N/A Traditional ROI: 5.6%
934 SE 9th DR Hermiston, OR Looking for the convenience of Hermiston AND the cul-de-sac feel? This may be the one for ...	3 beds \| 2 baths \| 1,300 sq.ft.	$329,770	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $3017 Airbnb ROI: N/A Traditional ROI: 7.47%
910 W MADRONA AVE Hermiston, OR First time on the market in decades, this is a wonderful opportunity to own your own piece...	3 beds \| 1 baths \| 1,392 sq.ft.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.61% Airbnb Rental Income: $null Traditional Rental Income: $2736 Airbnb ROI: N/A Traditional ROI: 8.61%
29843 ROYCE LN Hermiston, OR Introducing a stunning 4-bedroom, 2-bath home with a dedicated office, set on 1.83 acres a...	4 beds \| 2 baths \| 3,326 sq.ft.	$934,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $3474 Airbnb ROI: N/A Traditional ROI: 2.1%
80548 KIK RD Hermiston, OR Take advantage of this short term PRICE REDUCTION and discover the charm of this delightfu...	3 beds \| 2 baths \| 1,404 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $3043 Airbnb ROI: N/A Traditional ROI: 8.21%
1562 SW MEADOW VIEW DR Hermiston, OR Well maintained 4 bedroom 2 bath home in an established neighborhood. Large great room wi...	4 beds \| 2 baths \| 1,533 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $3016 Airbnb ROI: N/A Traditional ROI: 6.91%
1907 NW 6TH ST Hermiston, OR Charming Modern Farmhouse in Central Hermiston â 3 Bed, 2 Bath, 1868sqft.This beautifull...	3 beds \| 2 baths \| 1,868 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.54% Airbnb Rental Income: $null Traditional Rental Income: $3654 Airbnb ROI: N/A Traditional ROI: 6.54%
896 SE 9th DR Hermiston, OR Cute, new and ready for you! This 3 bedroom, 2 bath split bedroom open concept home is BRA...	3 beds \| 2 baths \| 1,200 sq.ft.	$319,770	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $2810 Airbnb ROI: N/A Traditional ROI: 7.08%
1938 NW ARCHER DR Hermiston, OR Charming 3-Bed, 2-Bath Farmhouse styled exteriorWelcome to this delightful 3-bedroom, ...	3 beds \| 2 baths \| 1,470 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $2869 Airbnb ROI: N/A Traditional ROI: 6.33%
1655 NE 2ND ST Hermiston, OR This beautifully updated home in Hermiston spans nearly half an acre across two tax lots, ...	3 beds \| 1 baths \| 1,170 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2592 Airbnb ROI: N/A Traditional ROI: 5.13%
394 E GLADYS AVE Hermiston, OR One of the Most Unique Properties of 2024! Whether you're looking for a residential home o...	2 beds \| 2 baths \| 790 sq.ft.	$269,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $2411 Airbnb ROI: N/A Traditional ROI: 7.18%

Real Estate investment in Hermiston, OR

There are 32 properties for sale in the city of Hermiston . The median list price in Hermiston is $362,000 and the average price per square foot is $211. In November 2024, the average monthly cash on cash return in Hermiston is 7.00%. The average monthly rental income in Hermiston is $3,025.

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

There are 32 investment properties available for sale in Hermiston.

The ROI for Short-Term is higher than the Long-Term in Hermiston with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Hermiston, OR

950 W HERMISTON AVE

Hermiston, OR

2 beds | 1 baths | 800 sq.ft.

$254,950

Airbnb cash on cash: N/A

Traditional cash on cash: 6.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2138

Airbnb ROI: N/A

Traditional ROI: 6.73%

865 W ORCHARD AVE

Hermiston, OR

2 beds | 1 baths | 1,022 sq.ft.

$264,950

Airbnb cash on cash: N/A

Traditional cash on cash: 7.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2474

Airbnb ROI: N/A

Traditional ROI: 7.63%

2110 NW DAWN DR

Hermiston, OR

3 beds | 3 baths | 1,833 sq.ft.

$384,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.45%

Airbnb Rental Income: $null

Traditional Rental Income: $3282

Airbnb ROI: N/A

Traditional ROI: 6.45%

515 SW DESERT SKY DR

Hermiston, OR

4 beds | 3 baths | 2,954 sq.ft.

$584,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.75%

Airbnb Rental Income: $null

Traditional Rental Income: $3898

Airbnb ROI: N/A

Traditional ROI: 4.75%

503 E Heather AVE

Hermiston, OR

4 beds | 2 baths | 1,906 sq.ft.

$452,999

Airbnb cash on cash: N/A

Traditional cash on cash: 5.43%

Airbnb Rental Income: $null

Traditional Rental Income: $3289

Airbnb ROI: N/A

Traditional ROI: 5.43%

1453 NE KENNA DR

Hermiston, OR

3 beds | 2 baths | 1,296 sq.ft.

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.39%

Airbnb Rental Income: $null

Traditional Rental Income: $3034

Airbnb ROI: N/A

Traditional ROI: 7.39%

1797&1793 NE 8th Street

Hermiston, OR

N/A beds | N/A baths | N/A

$535,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2010

Airbnb ROI: N/A

Traditional ROI: 2.44%

1020 SW 19TH CT

Hermiston, OR

4 beds | 2 baths | 2,203 sq.ft.

$499,990

Airbnb cash on cash: N/A

Traditional cash on cash: 5.12%

Airbnb Rental Income: $null

Traditional Rental Income: $3451

Airbnb ROI: N/A