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
33317 SCHULZ Ln Hermiston, OR Here's the remarkable small farm lifestyle you've been searching for! Set on 15.45 irrigat...	4 beds \| 4 baths \| 2,908 sq.ft.	$1,295,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.23% Airbnb Rental Income: $null Traditional Rental Income: $4384 Airbnb ROI: N/A Traditional ROI: 2.23%
833 E autumn Ave Hermiston, OR INVESTORS! Currently being used as an air b and b booked often and fully furnished! HOT NE...	3 beds \| 2 baths \| 1,854 sq.ft.	$467,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.86% Airbnb Rental Income: $784 Traditional Rental Income: $2266 Airbnb ROI: -1.26% Traditional ROI: 2.86%
856 E Autumn Ave Hermiston, OR INVESTORS! Currently being used as an air b and b booked often and fully furnished! HOT NE...	4 beds \| 3 baths \| 1,935 sq.ft.	$444,800	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2722 Airbnb ROI: N/A Traditional ROI: 4.19%
32255 BAXTER Rd Hermiston, OR Don't judge this one by the cover - this home is a total glow-up on the inside. From floor...	3 beds \| 1 baths \| 864 sq.ft.	$249,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.36% Airbnb Rental Income: $784 Traditional Rental Income: $1229 Airbnb ROI: 0.11% Traditional ROI: 3.36%
1003 SW OLIVE Ct Hermiston, OR Picture slow mornings in a sun-filled room wrapped in windows... coffee steaming, light po...	4 beds \| 2 baths \| 2,214 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.08% Airbnb Rental Income: $null Traditional Rental Income: $2377 Airbnb ROI: N/A Traditional ROI: 3.08%
522 E HEATHER Ave Hermiston, OR Welcome to this stunning new home built in 2022, boasting modern features and thoughtful u...	3 beds \| 3 baths \| 1,957 sq.ft.	$399,999	Airbnb cash on cash: -1.28% Traditional cash on cash: 4.31% Airbnb Rental Income: $784 Traditional Rental Income: $2563 Airbnb ROI: -1.28% Traditional ROI: 4.31%
376 NW CRESTVIEW Ct Hermiston, OR Refreshed newer cul-de-sac home. Four bedrooms all on one level. Brand new interior paint ...	4 beds \| 2 baths \| 2,030 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.33% Airbnb Rental Income: $null Traditional Rental Income: $3382 Airbnb ROI: N/A Traditional ROI: 6.33%
1655 NE 2ND St Hermiston, OR This beautifully updated home in Hermiston sits on nearly half an acre across two tax lots...	3 beds \| 1 baths \| 1,170 sq.ft.	$350,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 5.98% Airbnb Rental Income: $784 Traditional Rental Income: $2592 Airbnb ROI: -0.49% Traditional ROI: 5.98%
33981 HILLTOP Dr Hermiston, OR Wake up every day to breathtaking views of the Columbia River from nearly every room in th...	3 beds \| 3 baths \| 2,529 sq.ft.	$667,900	Airbnb cash on cash: -1.33% Traditional cash on cash: 3.88% Airbnb Rental Income: $784 Traditional Rental Income: $3712 Airbnb ROI: -1.33% Traditional ROI: 3.88%
33551 E PROGRESS Rd Hermiston, OR Always dreamed about owning a custom home in the country? Here it is! This 4 bed/3 bath ho...	4 beds \| 3 baths \| 3,411 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $4207 Airbnb ROI: N/A Traditional ROI: 3.94%
80591 SANDPIPER Ln Hermiston, OR Well-cared-for and move-in ready, this 1,782 sq ft, 3 bedroom, 2 bath home sits on a priva...	3 beds \| 2 baths \| 1,782 sq.ft.	$439,950	Airbnb cash on cash: -0.63% Traditional cash on cash: 5.41% Airbnb Rental Income: $784 Traditional Rental Income: $2951 Airbnb ROI: -0.63% Traditional ROI: 5.41%
994 E HURLBURT Ave Hermiston, OR Why settle for ordinary when you can have spacious main-level living, a backyard built for...	3 beds \| 3 baths \| 2,889 sq.ft.	$469,900	Airbnb cash on cash: -1.42% Traditional cash on cash: 6.14% Airbnb Rental Income: $784 Traditional Rental Income: $3788 Airbnb ROI: -1.42% Traditional ROI: 6.14%
821 SE 9TH Dr Hermiston, OR Welcome home to this brand new construction, 4 bedroom, 2 bath home in the heart of Hermis...	4 beds \| 2 baths \| 1,460 sq.ft.	$374,950	Airbnb cash on cash: N/A Traditional cash on cash: 7.33% Airbnb Rental Income: $null Traditional Rental Income: $3088 Airbnb ROI: N/A Traditional ROI: 7.33%
32402 Shoop Ln Hermiston, OR Enjoy the best of convenient country living on 5 acres with water rights- far enough out f...	3 beds \| 2 baths \| 1,458 sq.ft.	$625,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 2.83% Airbnb Rental Income: $784 Traditional Rental Income: $2604 Airbnb ROI: -0.83% Traditional ROI: 2.83%
1322 NE GILLESPIE Ln Hermiston, OR THIS HOME IS NOT FOR RENT. The Perks of Country Living with the Ease of Being Close to Tow...	2 beds \| 2 baths \| 1,373 sq.ft.	$319,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.07% Airbnb Rental Income: $699 Traditional Rental Income: $2434 Airbnb ROI: -0.72% Traditional ROI: 6.07%
862 E AUTUMN Ave Hermiston, OR Stop scrolling. You've found it. The needle in the haystack. The house that actually check...	3 beds \| 2 baths \| 1,641 sq.ft.	$389,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 5.77% Airbnb Rental Income: $784 Traditional Rental Income: $3007 Airbnb ROI: -1.19% Traditional ROI: 5.77%
1440 NE Misty Dr Hermiston, OR NEW LISTING ALERT IN HERMISTON! 1440 NE Misty DriveIf you need SPACE, this is the one! We ...	5 beds \| 3 baths \| 2,412 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $3586 Airbnb ROI: N/A Traditional ROI: 7.06%
1075 NE EMERALD Dr Hermiston, OR Built by Olin Homes (OR) LLC. These Homes will go fast. This is a 3 bedroom, 2.5 bath 2 st...	3 beds \| 3 baths \| 1,478 sq.ft.	$306,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 7.35% Airbnb Rental Income: $784 Traditional Rental Income: $2535 Airbnb ROI: 0.16% Traditional ROI: 7.35%
817 E Autumn Ave Hermiston, OR INVESTORS! Currently being used as an air b and b booked often and fully furnished! Built ...	3 beds \| 2 baths \| 1,641 sq.ft.	$417,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 3.93% Airbnb Rental Income: $784 Traditional Rental Income: $2498 Airbnb ROI: -1.28% Traditional ROI: 3.93%
639 E BROWNING Ave Hermiston, OR Move in ready! Spacious 4 bedroom, 2.5 bathroom, living room, dining room. Freshly painted...	4 beds \| 3 baths \| 2,268 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $3060 Airbnb ROI: N/A Traditional ROI: 5.9%
416 SW DESERT SKY Dr Hermiston, OR Vaulted. Stylish. Move-In Ready. This one is a total showstopper - designed for comfort an...	3 beds \| 2 baths \| 1,848 sq.ft.	$474,900	Airbnb cash on cash: -1.42% Traditional cash on cash: 4.71% Airbnb Rental Income: $784 Traditional Rental Income: $3190 Airbnb ROI: -1.42% Traditional ROI: 4.71%
1115 E HURLBURT Ave Hermiston, OR Charming two story home featuring an updated kitchen with modern finishes, spacious bedroo...	3 beds \| 3 baths \| 1,482 sq.ft.	$364,999	Airbnb cash on cash: -1.12% Traditional cash on cash: 5.27% Airbnb Rental Income: $784 Traditional Rental Income: $2655 Airbnb ROI: -1.12% Traditional ROI: 5.27%
1973 NW 6TH St Hermiston, OR Pristine Comfort & Modern Convenience in HermistonDiscover a home where every detail has b...	3 beds \| 2 baths \| 1,653 sq.ft.	$407,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 5.31% Airbnb Rental Income: $784 Traditional Rental Income: $2932 Airbnb ROI: -1.16% Traditional ROI: 5.31%
1270 W Hartley Ave Hermiston, OR Take a look at this 3-bedroom, 2-bath home offering 1,339 square feet in a great location!...	3 beds \| 2 baths \| 1,339 sq.ft.	$319,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 4.33% Airbnb Rental Income: $784 Traditional Rental Income: $1957 Airbnb ROI: -0.65% Traditional ROI: 4.33%
1307 Kimber Dr Hermiston, OR Nearly Complete! Experience the perfect blend of sophisticated design and functional livin...	4 beds \| 3 baths \| 1,656 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $3035 Airbnb ROI: N/A Traditional ROI: 5.71%
1082 NE 10TH Pl Hermiston, OR Built by Olin Homes (OR) LLC. These Homes will go fast. This is a 2 bedroom, 1 bath single...	2 beds \| 1 baths \| 863 sq.ft.	$243,500	Airbnb cash on cash: 0.15% Traditional cash on cash: 9.21% Airbnb Rental Income: $699 Traditional Rental Income: $2479 Airbnb ROI: 0.15% Traditional ROI: 9.21%
1098 NE 10th Pl Hermiston, OR Built by Olin Homes (OR) LLC. Beautiful corner lot. These Homes will go fast. This is a 1 ...	1 beds \| 1 baths \| 728 sq.ft.	$239,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 9% Airbnb Rental Income: $602 Traditional Rental Income: $2389 Airbnb ROI: -0.19% Traditional ROI: 9%
1735 NE 3rd Pl Hermiston, OR Smart, low-maintenance living with upgrades everywhere you look.Open concept layout with a...	3 beds \| 2 baths \| 1,782 sq.ft.	$299,950	Airbnb cash on cash: -0.59% Traditional cash on cash: 7.94% Airbnb Rental Income: $784 Traditional Rental Income: $2874 Airbnb ROI: -0.59% Traditional ROI: 7.94%
1290 E HIGHLAND Ave Hermiston, OR Some homes give you square footage. This one gives you space to live the way you want. Set...	4 beds \| 3 baths \| 2,956 sq.ft.	$759,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $4058 Airbnb ROI: N/A Traditional ROI: 3.76%
2216 NW EUCALYPTUS Dr Hermiston, OR This single-level 3-bedroom, 2-bathroom home offers comfort, function, and curb appeal. Th...	3 beds \| 2 baths \| 1,430 sq.ft.	$349,950	Airbnb cash on cash: -1.01% Traditional cash on cash: 5.88% Airbnb Rental Income: $784 Traditional Rental Income: $2728 Airbnb ROI: -1.01% Traditional ROI: 5.88%
825 W Division Ave Hermiston, OR 3 beds, 2 bath home with 1,420 sqft. Multipurpose living space with flexibility to arrange...	3 beds \| 2 baths \| 1,420 sq.ft.	$345,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 5.73% Airbnb Rental Income: $784 Traditional Rental Income: $2631 Airbnb ROI: -0.96% Traditional ROI: 5.73%
1035 E TAMARACK Ave Hermiston, OR Welcome to a little slice of Eastern Oregon country living at 1035 E Tamarack Ave in Hermi...	3 beds \| 2 baths \| 1,365 sq.ft.	$395,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 5.42% Airbnb Rental Income: $784 Traditional Rental Income: $2632 Airbnb ROI: -0.43% Traditional ROI: 5.42%
832 E MAIN St Hermiston, OR Private Estate \| 3 Bed \| 2 BathTucked behind a gated driveway and framed by a handsome stu...	3 beds \| 2 baths \| 1,945 sq.ft.	$549,950	Airbnb cash on cash: -1.49% Traditional cash on cash: 4.18% Airbnb Rental Income: $784 Traditional Rental Income: $3377 Airbnb ROI: -1.49% Traditional ROI: 4.18%
1750 NE NORTH St Hermiston, OR TRULY A MUST SEE GEM! completely remodeled and MOVE IN READY! This home features modern up...	3 beds \| 2 baths \| 1,252 sq.ft.	$324,999	Airbnb cash on cash: -0.45% Traditional cash on cash: 6.94% Airbnb Rental Income: $784 Traditional Rental Income: $2722 Airbnb ROI: -0.45% Traditional ROI: 6.94%

Real Estate investment in Hermiston, OR

There are 34 properties for sale in the city of Hermiston . The median list price in Hermiston is $399,999 and the average price per square foot is $225. In April 2026, the average monthly cash on cash return in Hermiston is 5.00%. The average monthly rental income in Hermiston is $2,644.

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

There are 34 investment properties available for sale in Hermiston.

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

The ROI for Long-Term is higher than the Short-Term in Hermiston with average rental income of $2,644.

Your search for investment property begins and ends here

Investment Property for Sale in Hermiston, OR

33317 SCHULZ Ln

Hermiston, OR

4 beds | 4 baths | 2,908 sq.ft.

$1,295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.23%

Airbnb Rental Income: $null

Traditional Rental Income: $4384

Airbnb ROI: N/A

Traditional ROI: 2.23%

833 E autumn Ave

Hermiston, OR

3 beds | 2 baths | 1,854 sq.ft.

$467,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $784

Traditional Rental Income: $2266

Airbnb ROI: -1.26%

Traditional ROI: 2.86%

856 E Autumn Ave

Hermiston, OR

4 beds | 3 baths | 1,935 sq.ft.

$444,800

Airbnb cash on cash: N/A

Traditional cash on cash: 4.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2722

Airbnb ROI: N/A

Traditional ROI: 4.19%

32255 BAXTER Rd

Hermiston, OR

3 beds | 1 baths | 864 sq.ft.

$249,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 3.36%

Airbnb Rental Income: $784

Traditional Rental Income: $1229

Airbnb ROI: 0.11%

Traditional ROI: 3.36%

1003 SW OLIVE Ct

Hermiston, OR

4 beds | 2 baths | 2,214 sq.ft.

$474,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2377

Airbnb ROI: N/A

Traditional ROI: 3.08%

522 E HEATHER Ave

Hermiston, OR

3 beds | 3 baths | 1,957 sq.ft.

$399,999

Airbnb cash on cash: -1.28%

Traditional cash on cash: 4.31%

Airbnb Rental Income: $784

Traditional Rental Income: $2563

Airbnb ROI: -1.28%

Traditional ROI: 4.31%

376 NW CRESTVIEW Ct

Hermiston, OR

4 beds | 2 baths | 2,030 sq.ft.

$420,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.33%

Airbnb Rental Income: $null

Traditional Rental Income: $3382

Airbnb ROI: N/A

Traditional ROI: 6.33%

1655 NE 2ND St

Hermiston, OR

3 beds | 1 baths | 1,170 sq.ft.

$350,000

Airbnb cash on cash: -0.49%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $784

Traditional Rental Income: $2592

Airbnb ROI: -0.49%