Real Estate Investment Properties for Sale in Otis, OR

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
432 N Yodel Lane Otis, OR 2.09 acre Country BARN converted into a 3262 sq. ft. home! Industrial meet country charm. ...	5 beds \| 2 baths \| 2,854 sq.ft.	$579,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.77% Airbnb Rental Income: $1581 Traditional Rental Income: $3736 Airbnb ROI: -0.05% Traditional ROI: 4.77%
2871 NE E Devils Lake Road Otis, OR Lakefront living on Devils Lake! Bring your boat and water toys! This secluded property of...	3 beds \| 2 baths \| 1,662 sq.ft.	$849,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.79% Airbnb Rental Income: $1113 Traditional Rental Income: $2893 Airbnb ROI: -0.93% Traditional ROI: 1.79%
566 N BEAR CREEK Rd Otis, OR Thoughtfully renovated CREEK FRONT home has heart and soul, combining classic charm with c...	3 beds \| 1 baths \| 1,472 sq.ft.	$415,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 6.14% Airbnb Rental Income: $1113 Traditional Rental Income: $3080 Airbnb ROI: 0.12% Traditional ROI: 6.14%
426 N Vista Terrace Otis, OR Newly remodeled and move-in ready, this charming stick-built home is full of thoughtful up...	1 beds \| 1 baths \| 704 sq.ft.	$289,500	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.35% Airbnb Rental Income: $675 Traditional Rental Income: $1424 Airbnb ROI: -0.5% Traditional ROI: 3.35%
3770 NE 12th Street Otis, OR LAKEFRONT COASTAL RETREAT! Enjoy Approximately 90 feet of pristine Devils Lake frontage an...	3 beds \| 1 baths \| 1,389 sq.ft.	$799,750	Airbnb cash on cash: -0.79% Traditional cash on cash: 2.16% Airbnb Rental Income: $1113 Traditional Rental Income: $2935 Airbnb ROI: -0.79% Traditional ROI: 2.16%
2867 N Bank Rd Otis, OR Level 2.04 acres with a 4 bedroom 2005 High End manufactured home with a large craft room....	4 beds \| 2 baths \| 1,944 sq.ft.	$475,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 5.57% Airbnb Rental Income: $1576 Traditional Rental Income: $3278 Airbnb ROI: 0.73% Traditional ROI: 5.57%
79 N Echo Place Otis, OR Spacious home, on just over .50 acres, with 3 large bedrooms, 2 baths (primary ensuite rec...	3 beds \| 2 baths \| 1,782 sq.ft.	$365,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 6.87% Airbnb Rental Income: $1113 Traditional Rental Income: $3010 Airbnb ROI: 0.24% Traditional ROI: 6.87%
2997 NE Loop Drive Otis, OR Lakefront home at the Oregon Coast, this single level this home sits on nearly half an acr...	2 beds \| 3 baths \| 1,895 sq.ft.	$1,105,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 1.65% Airbnb Rental Income: $776 Traditional Rental Income: $3413 Airbnb ROI: -1.22% Traditional ROI: 1.65%
2095 NE E Devils Lake Rd Otis, OR Lakefront living on Devils Lake with approximately 100' of shoreline. Just minutes from Li...	4 beds \| 3 baths \| 2,928 sq.ft.	$1,550,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 0.93% Airbnb Rental Income: $1576 Traditional Rental Income: $3833 Airbnb ROI: -0.95% Traditional ROI: 0.93%
3621 NE 10th Street Otis, OR Rare opportunity to own two adjacent waterfront tax lots on Devils Lake, 3621 and 3651 NE ...	3 beds \| 2 baths \| 1,136 sq.ft.	$790,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 2.4% Airbnb Rental Income: $1113 Traditional Rental Income: $2941 Airbnb ROI: -0.59% Traditional ROI: 2.4%
566 Bear Creek Road Otis, OR Thoughtfully renovated CREEK FRONT home has heart and soul, combining classic charm with c...	3 beds \| 1 baths \| 1,472 sq.ft.	$415,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 5.81% Airbnb Rental Income: $1113 Traditional Rental Income: $2949 Airbnb ROI: 0.13% Traditional ROI: 5.81%
3739 NE Chetlo Place Otis, OR Looking for a home on the lake you can use for the whole family? This property provides lo...	3 beds \| 2 baths \| 1,390 sq.ft.	$789,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 2.4% Airbnb Rental Income: $1113 Traditional Rental Income: $3000 Airbnb ROI: -0.67% Traditional ROI: 2.4%
725 N River Bend Road Otis, OR Offering an expansive 1,780 sq. ft. of living space, this one-owner gem features a sprawli...	2 beds \| 3 baths \| 1,780 sq.ft.	$385,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 6.96% Airbnb Rental Income: $776 Traditional Rental Income: $3163 Airbnb ROI: -0.54% Traditional ROI: 6.96%
2915 NE Loop Drive Otis, OR First time on the market, and worth the wait. This single-level ranch home on Devils Lake ...	3 beds \| 2 baths \| 1,520 sq.ft.	$949,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 1.94% Airbnb Rental Income: $1113 Traditional Rental Income: $3142 Airbnb ROI: -0.78% Traditional ROI: 1.94%
4040 NE 20TH ST Otis, OR Location, location , location. Leisure Bay lakefront home on Devils Lake with 3B/3.5 baths...	3 beds \| 4 baths \| 2,784 sq.ft.	$1,225,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 2.52% Airbnb Rental Income: $1113 Traditional Rental Income: $4855 Airbnb ROI: -1.09% Traditional ROI: 2.52%
2887 N Bank Road Otis, OR Fantastic home on 2.68 private acres! Beautifully perched to capture views of trees and ro...	3 beds \| 3 baths \| 2,938 sq.ft.	$629,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 4.68% Airbnb Rental Income: $1113 Traditional Rental Income: $3886 Airbnb ROI: -0.68% Traditional ROI: 4.68%
3730 NE 10th Street Otis, OR Enjoy this property with all the benefits of lake front living without the high price tag!...	3 beds \| 3 baths \| 2,464 sq.ft.	$699,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 4.23% Airbnb Rental Income: $1113 Traditional Rental Income: $3837 Airbnb ROI: -0.52% Traditional ROI: 4.23%
8390 NE Highland Road Otis, OR Discover the perfect blend of modern living and serene nature in this beautiful manufactur...	3 beds \| 2 baths \| 1,813 sq.ft.	$574,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.38% Airbnb Rental Income: $1113 Traditional Rental Income: $3107 Airbnb ROI: -0.03% Traditional ROI: 4.38%
17 N Deer Valley Road Otis, OR Breathtaking scenic views on a spacious half acre corner lot. Updated 3BR/2BA home with a ...	3 beds \| 2 baths \| 1,188 sq.ft.	$399,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 5.22% Airbnb Rental Income: $1113 Traditional Rental Income: $2597 Airbnb ROI: 0.26% Traditional ROI: 5.22%
4176 N Clancy Road Otis, OR SECLUDED SETTING, YET JUST MINUTES TO TOWN! Sweet and stylish, this well-maintained home s...	1 beds \| 1 baths \| 1,014 sq.ft.	$439,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 4.22% Airbnb Rental Income: $675 Traditional Rental Income: $2359 Airbnb ROI: -0.61% Traditional ROI: 4.22%
330 N Deer Drive Otis, OR Nestled on 2.3 private acres surrounded by mature trees and established landscaping, this ...	4 beds \| 2 baths \| 1,782 sq.ft.	$499,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.81% Airbnb Rental Income: $1576 Traditional Rental Income: $3158 Airbnb ROI: 0.45% Traditional ROI: 4.81%

Real Estate investment in Otis, OR

There are 21 properties for sale in the city of Otis . The median list price in Otis is $475,000 and the average price per square foot is $276. In June 2026, the average monthly cash on cash return in Otis is 4.00%. The average monthly rental income in Otis is $3,000.

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

There are 21 investment properties available for sale in Otis.

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

The ROI for Long-Term is higher than the Short-Term in Otis with average rental income of $3,000.

Your search for investment property begins and ends here

Investment Property for Sale in Otis, OR

432 N Yodel Lane

Otis, OR

5 beds | 2 baths | 2,854 sq.ft.

$579,000

Airbnb cash on cash: -0.05%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $1581

Traditional Rental Income: $3736

Airbnb ROI: -0.05%

Traditional ROI: 4.77%

2871 NE E Devils Lake Road

Otis, OR

3 beds | 2 baths | 1,662 sq.ft.

$849,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1113

Traditional Rental Income: $2893

Airbnb ROI: -0.93%

Traditional ROI: 1.79%

566 N BEAR CREEK Rd

Otis, OR

3 beds | 1 baths | 1,472 sq.ft.

$415,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $1113

Traditional Rental Income: $3080

Airbnb ROI: 0.12%

Traditional ROI: 6.14%

426 N Vista Terrace

Otis, OR

1 beds | 1 baths | 704 sq.ft.

$289,500

Airbnb cash on cash: -0.5%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $675

Traditional Rental Income: $1424

Airbnb ROI: -0.5%

Traditional ROI: 3.35%

3770 NE 12th Street

Otis, OR

3 beds | 1 baths | 1,389 sq.ft.

$799,750

Airbnb cash on cash: -0.79%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1113

Traditional Rental Income: $2935

Airbnb ROI: -0.79%

Traditional ROI: 2.16%

2867 N Bank Rd

Otis, OR

4 beds | 2 baths | 1,944 sq.ft.

$475,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 5.57%

Airbnb Rental Income: $1576

Traditional Rental Income: $3278

Airbnb ROI: 0.73%

Traditional ROI: 5.57%

79 N Echo Place

Otis, OR

3 beds | 2 baths | 1,782 sq.ft.

$365,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 6.87%

Airbnb Rental Income: $1113

Traditional Rental Income: $3010

Airbnb ROI: 0.24%

Traditional ROI: 6.87%

2997 NE Loop Drive

Otis, OR

2 beds | 3 baths | 1,895 sq.ft.

$1,105,000

Airbnb cash on cash: -1.22%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $776

Traditional Rental Income: $3413

Airbnb ROI: -1.22%