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
16270 SE Jasper Dr Damascus, OR Experience upscale PNW living in the desirable Windswept Waters community in Damascus, jus...	3 beds \| 2 baths \| 2,717 sq.ft.	$649,800	Airbnb cash on cash: N/A Traditional cash on cash: 2.19% Airbnb Rental Income: $null Traditional Rental Income: $2773 Airbnb ROI: N/A Traditional ROI: 2.19%
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: N/A Traditional cash on cash: 1.01% Airbnb Rental Income: $null Traditional Rental Income: $4097 Airbnb ROI: N/A Traditional ROI: 1.01%
16911 SE SIRI Ct Damascus, OR Hello Future Owner, I've been waiting for you. From the moment you step inside, you'll fee...	4 beds \| 2 baths \| 2,198 sq.ft.	$637,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $4083 Airbnb ROI: N/A Traditional ROI: 4.61%
8970 SE Kingswood Way Damascus, OR Damascus farmhouse on 5 private acres with a million dollar Mt. Hood view. Arrive in style...	5 beds \| 4 baths \| 3,886 sq.ft.	$799,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $6161 Airbnb ROI: N/A Traditional ROI: 6.23%
12672 SE 172ND Ave Damascus, OR Spacious, lightly lived-in Happy Valley townhome with 2,258 sq ft, this home delivers more...	4 beds \| 2 baths \| 2,258 sq.ft.	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $3922 Airbnb ROI: N/A Traditional ROI: 5.84%
9151 SE Hideaway Ct Damascus, OR Tucked away on a private road in the peaceful neighborhood of Hidden Hollow, a serene corn...	5 beds \| 3 baths \| 2,915 sq.ft.	$775,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $4571 Airbnb ROI: N/A Traditional ROI: 4.31%
16685 SE PACIFIC CREST TRAIL Pl Damascus, OR Better than new! Built just one year ago, this immaculate Happy Valley home is packed with...	3 beds \| 2 baths \| 1,594 sq.ft.	$674,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.26% Airbnb Rental Income: $null Traditional Rental Income: $2909 Airbnb ROI: N/A Traditional ROI: 2.26%
12685 SE ZION St Damascus, OR Beautifully maintained 3-bedroom, 2.5-bath townhome, offering 1,547 sq ft of modern, comfo...	3 beds \| 2 baths \| 1,547 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $3212 Airbnb ROI: N/A Traditional ROI: 5.28%

Real Estate investment in Damascus, OR

There are 15 properties for sale in the city of Damascus . The median list price in Damascus is $674,000 and the average price per square foot is $274. In March 2026, the average monthly cash on cash return in Damascus is 4.00%. The average monthly rental income in Damascus is $3,746.

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

There are 15 investment properties available for sale in Damascus.

In 2026, the best neighborhood to buy investment property is Damascus.

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

Your search for investment property begins and ends here

Investment Property for Sale in Damascus, OR

16270 SE Jasper Dr

Damascus, OR

3 beds | 2 baths | 2,717 sq.ft.

$649,800

Airbnb cash on cash: N/A

Traditional cash on cash: 2.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2773

Airbnb ROI: N/A

Traditional ROI: 2.19%

16400 SE Highway 224

Damascus, OR

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

$1,900,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.01%

Airbnb Rental Income: $null

Traditional Rental Income: $4097

Airbnb ROI: N/A

Traditional ROI: 1.01%

16911 SE SIRI Ct

Damascus, OR

4 beds | 2 baths | 2,198 sq.ft.

$637,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.61%

Airbnb Rental Income: $null

Traditional Rental Income: $4083

Airbnb ROI: N/A

Traditional ROI: 4.61%

8970 SE Kingswood Way

Damascus, OR

5 beds | 4 baths | 3,886 sq.ft.

$799,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.23%

Airbnb Rental Income: $null

Traditional Rental Income: $6161

Airbnb ROI: N/A

Traditional ROI: 6.23%

12672 SE 172ND Ave

Damascus, OR

4 beds | 2 baths | 2,258 sq.ft.

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.84%

Airbnb Rental Income: $null

Traditional Rental Income: $3922

Airbnb ROI: N/A

Traditional ROI: 5.84%

9151 SE Hideaway Ct

Damascus, OR

5 beds | 3 baths | 2,915 sq.ft.

$775,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.31%

Airbnb Rental Income: $null

Traditional Rental Income: $4571

Airbnb ROI: N/A

Traditional ROI: 4.31%

16685 SE PACIFIC CREST TRAIL Pl

Damascus, OR

3 beds | 2 baths | 1,594 sq.ft.

$674,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2909

Airbnb ROI: N/A

Traditional ROI: 2.26%

12685 SE ZION St

Damascus, OR

3 beds | 2 baths | 1,547 sq.ft.

$439,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.28%

Airbnb Rental Income: $null

Traditional Rental Income: $3212

Airbnb ROI: N/A