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
13400 Foxtail #Gcc102 Hermiston, OR 25% Deeded Share Golf Course Condo 102. This condo offers stunning views of Black Butte an...	3 beds \| 2 baths \| 1,086 sq.ft.	$185,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 9.56% Airbnb Rental Income: $1324 Traditional Rental Income: $2574 Airbnb ROI: 0.12% Traditional ROI: 9.56%
1166 E MAIN St Hermiston, OR Charming Custom Home with Unmatched Living Space & RV ParkingWelcome three-story residence...	4 beds \| 3 baths \| 2,306 sq.ft.	$444,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $3558 Airbnb ROI: N/A Traditional ROI: 6.17%
1023 SW COYOTE Dr Hermiston, OR Welcome to this beautifully designed 4-bedroom, 2-bath, SINGLE LEVEL home offering 2,360 s...	4 beds \| 2 baths \| 2,360 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $3782 Airbnb ROI: N/A Traditional ROI: 6.29%
574 E REEDER Dr Hermiston, OR Welcome to this beautifully updated home located on a quiet street in a friendly, establis...	3 beds \| 1 baths \| 1,332 sq.ft.	$289,500	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.29% Airbnb Rental Income: $1324 Traditional Rental Income: $2062 Airbnb ROI: 1.08% Traditional ROI: 5.29%
2140 NW DUSK Dr Hermiston, OR Welcome to this charming two-story home located on a desirable corner lot in an establishe...	4 beds \| 2 baths \| 2,528 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $3388 Airbnb ROI: N/A Traditional ROI: 5.8%
1036 W Hermiston Ave Hermiston, OR Newly updated home for you to make your own and the park is across the street to enjoy! N...	4 beds \| 1 baths \| 1,288 sq.ft.	$167,980	Airbnb cash on cash: N/A Traditional cash on cash: 11.45% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 11.45%
850 W Madrona Ave Hermiston, OR Adorable 2 bed 1 bath bungalow nestled in the heart of Hermiston! Featuring stainless stee...	2 beds \| 1 baths \| 1,056 sq.ft.	$259,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 5.27% Airbnb Rental Income: $1004 Traditional Rental Income: $1844 Airbnb ROI: 0.4% Traditional ROI: 5.27%
607 E Autumn Ave Hermiston, OR Spacious 4 bedroom 2 bath home features both living and family room, updated eat in kitche...	4 beds \| 2 baths \| 2,350 sq.ft.	$426,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $2960 Airbnb ROI: N/A Traditional ROI: 5.39%
415 E Browning Ave Hermiston, OR Recently updated 4 bedroom 2.5 bathroom home in the heart of Hermiston! This home has and ...	4 beds \| 2 baths \| 2,268 sq.ft.	$414,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $2783 Airbnb ROI: N/A Traditional ROI: 4.99%
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.	$1,245,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.36% Airbnb Rental Income: $null Traditional Rental Income: $4384 Airbnb ROI: N/A Traditional ROI: 2.36%
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: -0.23% Traditional cash on cash: 2.86% Airbnb Rental Income: $1324 Traditional Rental Income: $2266 Airbnb ROI: -0.23% 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%
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.	$399,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.27% Airbnb Rental Income: $null Traditional Rental Income: $3289 Airbnb ROI: N/A Traditional ROI: 6.27%
1922 NW ARCHER Dr Hermiston, OR Charming One-Level Living with Modern UpdatesWelcome home to this well-designed 3 bedroom,...	3 beds \| 2 baths \| 1,547 sq.ft.	$349,950	Airbnb cash on cash: 0.16% Traditional cash on cash: 7.13% Airbnb Rental Income: $1324 Traditional Rental Income: $3204 Airbnb ROI: 0.16% Traditional ROI: 7.13%
33149 Kuhn Ln Hermiston, OR This 27-acre exclusive farm-use property in Hermiston offers boundless potential to turn y...	3 beds \| 2 baths \| 1,709 sq.ft.	$975,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.19% Airbnb Rental Income: $1324 Traditional Rental Income: $3075 Airbnb ROI: -0.19% Traditional ROI: 2.19%
29843 ROYCE Ln Hermiston, OR Step off the back deck to cast a line, launch a kayak, tube the afternoon away, or simply ...	4 beds \| 2 baths \| 3,326 sq.ft.	$709,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $3474 Airbnb ROI: N/A Traditional ROI: 3.13%
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: 0.87% Traditional cash on cash: 5.98% Airbnb Rental Income: $1324 Traditional Rental Income: $2592 Airbnb ROI: 0.87% 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.	$627,777	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.19% Airbnb Rental Income: $1324 Traditional Rental Income: $3712 Airbnb ROI: -0.58% Traditional ROI: 4.19%
833 E Montana Ave Hermiston, OR This property is ideal if you have aging parents, adult children that come to visit or may...	4 beds \| 3 baths \| 2,647 sq.ft.	$464,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.09% Airbnb Rental Income: $null Traditional Rental Income: $4224 Airbnb ROI: N/A Traditional ROI: 7.09%
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.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.3% Airbnb Rental Income: $null Traditional Rental Income: $4207 Airbnb ROI: N/A Traditional ROI: 4.3%
1739 NE 2nd Pl Hermiston, OR Well-Maintained 3-Bedroom Home with Split Floor Plan in Gated Community! This 1,512 sq ft ...	4 beds \| 2 baths \| 1,512 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.24% Airbnb Rental Income: $null Traditional Rental Income: $2638 Airbnb ROI: N/A Traditional ROI: 7.24%
153 W Beech Ave Hermiston, OR This property offers three separate units! A duplex plus an Additional Dwelling Unit (ADU)...	7 beds \| 3 baths \| 1,456 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $2143 Airbnb ROI: N/A Traditional ROI: 5.65%
994 E Hurlburt Ave Hermiston, OR Close Your Eyes and Imagine Your Perfect Home. Is it one level living with a bonus space? ...	3 beds \| 3 baths \| 2,889 sq.ft.	$459,900	Airbnb cash on cash: -0.41% Traditional cash on cash: 6.26% Airbnb Rental Income: $1324 Traditional Rental Income: $3788 Airbnb ROI: -0.41% Traditional ROI: 6.26%
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.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $3088 Airbnb ROI: N/A Traditional ROI: 7.44%
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: -0.06% Traditional cash on cash: 2.83% Airbnb Rental Income: $1324 Traditional Rental Income: $2604 Airbnb ROI: -0.06% Traditional ROI: 2.83%
120 E Oregon Ave Hermiston, OR 120 E Oregon Ave, Hermiston, OR 97838 \| Single Family Residential	3 beds \| 1 baths \| 1,106 sq.ft.	$199,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 8.9% Airbnb Rental Income: $1324 Traditional Rental Income: $2144 Airbnb ROI: 2.39% Traditional ROI: 8.9%
825 W Ridgeway Ave Hermiston, OR 825 W Ridgeway Ave, Hermiston, OR 97838 \| Single Family Residential	3 beds \| 2 baths \| 2,334 sq.ft.	$419,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 4.61% Airbnb Rental Income: $1324 Traditional Rental Income: $2679 Airbnb ROI: 0.13% Traditional ROI: 4.61%
5 WESTVIEW Dr Hermiston, OR Charming one level home with great curb appeal, covered front porch. This home offers a fu...	3 beds \| 2 baths \| 1,431 sq.ft.	$314,999	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.53% Airbnb Rental Income: $1324 Traditional Rental Income: $2330 Airbnb ROI: 0.76% Traditional ROI: 5.53%
1750 NE 8th Pl Hermiston, OR Oversized new construction home offering 5 bedrooms, 2.5 bathrooms, and upgrades throughou...	5 beds \| 3 baths \| 2,401 sq.ft.	$479,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $3231 Airbnb ROI: N/A Traditional ROI: 5.83%
915 SW Coyote Dr Hermiston, OR 915 SW Coyote Dr, Hermiston, OR 97838 \| Single Family Residential	4 beds \| 2 baths \| 2,942 sq.ft.	$454,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $2983 Airbnb ROI: N/A Traditional ROI: 4.82%
1437 E Hurlburt Ave Hermiston, OR 1437 E Hurlburt Ave, Hermiston, OR 97838 \| Single Family Residential	3 beds \| 2 baths \| 1,865 sq.ft.	$400,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.72% Airbnb Rental Income: $1324 Traditional Rental Income: $2597 Airbnb ROI: 0.23% Traditional ROI: 4.72%
114 SW Desert Sky Dr Hermiston, OR 114 SW Desert Sky Dr, Hermiston, OR 97838 \| Single Family Residential	3 beds \| 2 baths \| 1,862 sq.ft.	$455,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.92% Airbnb Rental Income: $1324 Traditional Rental Income: $2597 Airbnb ROI: -0.03% Traditional ROI: 3.92%
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: 1.73% Traditional cash on cash: 7.35% Airbnb Rental Income: $1324 Traditional Rental Income: $2535 Airbnb ROI: 1.73% 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: -0.13% Traditional cash on cash: 3.93% Airbnb Rental Income: $1324 Traditional Rental Income: $2498 Airbnb ROI: -0.13% Traditional ROI: 3.93%
1650 NE North St Hermiston, OR 1650 NE North St, Hermiston, OR 97838 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $1171 Airbnb ROI: N/A Traditional ROI: 7.75%
573 SW Desert Sky Dr #89 Hermiston, OR 573 SW Desert Sky Dr #89, Hermiston, OR 97838 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.14% Airbnb Rental Income: $null Traditional Rental Income: $1171 Airbnb ROI: N/A Traditional ROI: 9.14%
577 SW Desert Sky Dr #88 Hermiston, OR 577 SW Desert Sky Dr #88, Hermiston, OR 97838 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.14% Airbnb Rental Income: $null Traditional Rental Income: $1171 Airbnb ROI: N/A Traditional ROI: 9.14%
563 SW Cottonwood Dr #54 Hermiston, OR 563 SW Cottonwood Dr #54, Hermiston, OR 97838 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.14% Airbnb Rental Income: $null Traditional Rental Income: $1171 Airbnb ROI: N/A Traditional ROI: 9.14%
102 SW Desert Sky Dr #13 Hermiston, OR 102 SW Desert Sky Dr #13, Hermiston, OR 97838 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $887 Airbnb ROI: N/A Traditional ROI: 6.22%
562 SW Desert Sky Dr #66 Hermiston, OR 562 SW Desert Sky Dr #66, Hermiston, OR 97838 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.14% Airbnb Rental Income: $null Traditional Rental Income: $1171 Airbnb ROI: N/A Traditional ROI: 9.14%

Real Estate investment in Hermiston, OR

There are 140 properties for sale in the city of Hermiston . The median list price in Hermiston is $354,788 and the average price per square foot is $236. In July 2026, the average monthly cash on cash return in Hermiston is 6.00%. The average monthly rental income in Hermiston is $2,532.

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

There are 140 investment properties available for sale in Hermiston.

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

The ROI for Short-Term is higher than the Long-Term in Hermiston with average rental income of $1,324.

Your search for investment property begins and ends here

Investment Property for Sale in Hermiston, OR

13400 Foxtail #Gcc102

Hermiston, OR

3 beds | 2 baths | 1,086 sq.ft.

$185,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 9.56%

Airbnb Rental Income: $1324

Traditional Rental Income: $2574

Airbnb ROI: 0.12%

Traditional ROI: 9.56%

1166 E MAIN St

Hermiston, OR

4 beds | 3 baths | 2,306 sq.ft.

$444,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.17%

Airbnb Rental Income: $null

Traditional Rental Income: $3558

Airbnb ROI: N/A

Traditional ROI: 6.17%

1023 SW COYOTE Dr

Hermiston, OR

4 beds | 2 baths | 2,360 sq.ft.

$459,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.29%

Airbnb Rental Income: $null

Traditional Rental Income: $3782

Airbnb ROI: N/A

Traditional ROI: 6.29%

574 E REEDER Dr

Hermiston, OR

3 beds | 1 baths | 1,332 sq.ft.

$289,500

Airbnb cash on cash: 1.08%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $1324

Traditional Rental Income: $2062

Airbnb ROI: 1.08%

Traditional ROI: 5.29%

2140 NW DUSK Dr

Hermiston, OR

4 beds | 2 baths | 2,528 sq.ft.

$429,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.8%

Airbnb Rental Income: $null

Traditional Rental Income: $3388

Airbnb ROI: N/A

Traditional ROI: 5.8%

1036 W Hermiston Ave

Hermiston, OR

4 beds | 1 baths | 1,288 sq.ft.

$167,980

Airbnb cash on cash: N/A

Traditional cash on cash: 11.45%

Airbnb Rental Income: $null

Traditional Rental Income: $2258

Airbnb ROI: N/A

Traditional ROI: 11.45%

850 W Madrona Ave

Hermiston, OR

2 beds | 1 baths | 1,056 sq.ft.

$259,900

Airbnb cash on cash: 0.4%

Traditional cash on cash: 5.27%

Airbnb Rental Income: $1004

Traditional Rental Income: $1844

Airbnb ROI: 0.4%

Traditional ROI: 5.27%

607 E Autumn Ave

Hermiston, OR

4 beds | 2 baths | 2,350 sq.ft.

$426,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.39%

Airbnb Rental Income: $null

Traditional Rental Income: $2960

Airbnb ROI: N/A