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
13553 SE 180TH Ave Damascus, OR Imagine being just three minutes away from the best new restaurants, coffee, and shopping ...	4 beds \| 4 baths \| 4,163 sq.ft.	$1,298,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.99% Airbnb Rental Income: $1912 Traditional Rental Income: $4787 Airbnb ROI: -0.81% Traditional ROI: 1.99%
19100 SE DEBORA Dr Damascus, OR Beautifully remodeled traditional home on a peaceful, wooded .69-acre setting in Damascus....	3 beds \| 3 baths \| 3,096 sq.ft.	$1,050,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.33% Airbnb Rental Income: $1481 Traditional Rental Income: $3959 Airbnb ROI: -0.65% Traditional ROI: 2.33%
16056 SE ORCHARD VIEW Ln Damascus, OR OPEN HOUSE SATURDAY 10AM-1PM & SUNDAY 11AM-1PMThis breathtaking traditional home in Orchar...	4 beds \| 3 baths \| 2,226 sq.ft.	$630,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.8% Airbnb Rental Income: $1912 Traditional Rental Income: $4787 Airbnb ROI: 0.05% Traditional ROI: 5.8%
25421 SE SUNSHINE VALLEY Rd Damascus, OR Tucked away on more than 7 private acres in the rolling hills of Damascus, this beautifull...	4 beds \| 2 baths \| 2,312 sq.ft.	$825,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.69% Airbnb Rental Income: $1912 Traditional Rental Income: $3452 Airbnb ROI: 0.02% Traditional ROI: 2.69%
9600 SE TOWER Dr Damascus, OR Country living at its best! Beautiful daylight ranch on 1.44 private acres! Enjoy the natu...	4 beds \| 3 baths \| 2,658 sq.ft.	$775,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.9% Airbnb Rental Income: $1912 Traditional Rental Income: $4173 Airbnb ROI: 0.06% Traditional ROI: 3.9%
22735 SE NAOMI Dr Damascus, OR Set on an incredible 0.45-acre lot, this perfectly sized Damascus gem offers the ideal bal...	3 beds \| 2 baths \| 1,510 sq.ft.	$600,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.81% Airbnb Rental Income: $1481 Traditional Rental Income: $2777 Airbnb ROI: -0.28% Traditional ROI: 2.81%
15156 SE SHALE Dr Damascus, OR Gorgeous end unit townhouse in Windswept Waters with backyard access to parks, walking tra...	3 beds \| 3 baths \| 1,588 sq.ft.	$419,900	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.37% Airbnb Rental Income: $1481 Traditional Rental Income: $2952 Airbnb ROI: -0.48% Traditional ROI: 4.37%
16415 SE PYRITE St Damascus, OR Fully updated townhome in desirable Windswept Waters featuring custom kitchen cabinetry, q...	3 beds \| 3 baths \| 1,533 sq.ft.	$419,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 4.44% Airbnb Rental Income: $1481 Traditional Rental Income: $2773 Airbnb ROI: 0.05% Traditional ROI: 4.44%
21900 SE LAGENE St Damascus, OR Wonderful bright one level property on 1 acre lot.Open floor plan. Living room has custom ...	4 beds \| 4 baths \| 3,844 sq.ft.	$929,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.16% Airbnb Rental Income: $1912 Traditional Rental Income: $3651 Airbnb ROI: -0.44% Traditional ROI: 2.16%
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: -0.51% Traditional cash on cash: 1.01% Airbnb Rental Income: $1912 Traditional Rental Income: $4097 Airbnb ROI: -0.51% Traditional ROI: 1.01%
16265 SE HIGHWAY 224 Damascus, OR Incredible opportunity to purchase a home/office and shop with RC zoning in a fantastic lo...	2 beds \| 1 baths \| 1,038 sq.ft.	$539,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.55% Airbnb Rental Income: $903 Traditional Rental Income: $2108 Airbnb ROI: -0.52% Traditional ROI: 2.55%
18027 SE EMI St Damascus, OR Seller offering to pay closing costs, pre-paids, or interest rate buy-down with acceptable...	3 beds \| 3 baths \| 1,785 sq.ft.	$674,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.19% Airbnb Rental Income: $1481 Traditional Rental Income: $3238 Airbnb ROI: -0.29% Traditional ROI: 3.19%
23040 SE YELLOWHAMMER St Damascus, OR New price! Fully Remodeled 5-Bed, 3-Bath Home with large RV/Boat Parking for your toys! La...	5 beds \| 3 baths \| 2,464 sq.ft.	$829,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.42% Airbnb Rental Income: $1402 Traditional Rental Income: $4080 Airbnb ROI: -0.6% Traditional ROI: 3.42%
16356 SE ANDEREGG Pkwy Damascus, OR Sellers offering buyer incentives! Motivated sellers, including a home warranty to buyers!...	4 beds \| 3 baths \| 2,534 sq.ft.	$625,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.06% Airbnb Rental Income: $1912 Traditional Rental Income: $3686 Airbnb ROI: 0.15% Traditional ROI: 4.06%
15429 SE COBALT Loop Damascus, OR Beautifully updated townhouse in the Crest View Townhomes community offering comfort, func...	3 beds \| 3 baths \| 1,665 sq.ft.	$419,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.25% Airbnb Rental Income: $1481 Traditional Rental Income: $3046 Airbnb ROI: -0.84% Traditional ROI: 4.25%
21120 SE LANSING Ln Damascus, OR Nestled on a spacious, beautifully landscaped lot, this charming 1973 ranch home offers a ...	3 beds \| 2 baths \| 2,001 sq.ft.	$675,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.2% Airbnb Rental Income: $1481 Traditional Rental Income: $3255 Airbnb ROI: -0.31% Traditional ROI: 3.2%
20320 SE WALGREN Rd Damascus, OR This 1 level ranch sets on almost 2 acres of land. The home has been refreshed with interi...	3 beds \| 1 baths \| 1,445 sq.ft.	$599,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.21% Airbnb Rental Income: $1481 Traditional Rental Income: $2267 Airbnb ROI: 0.03% Traditional ROI: 2.21%
19363 SE Debora Dr Damascus, OR Welcome to one of Damascusâ hidden gems â a private Northwest retreat where nature, co...	3 beds \| 2 baths \| 3,561 sq.ft.	$925,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.57% Airbnb Rental Income: $1481 Traditional Rental Income: $2936 Airbnb ROI: -0.63% Traditional ROI: 1.57%
20951 SE BOHNA PARK Rd Damascus, OR Walk into this beautifully updated Daylight Ranch bungalow, nestled on a generous half-acr...	3 beds \| 2 baths \| 2,200 sq.ft.	$624,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.13% Airbnb Rental Income: $1481 Traditional Rental Income: $3483 Airbnb ROI: -0.05% Traditional ROI: 4.13%
16093 SE GOOSEHOLLOW Dr Damascus, OR Tucked into the highly sought-after Orchard Lake community, this home offers a rare combin...	4 beds \| 3 baths \| 2,297 sq.ft.	$694,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.45% Airbnb Rental Income: $1912 Traditional Rental Income: $3679 Airbnb ROI: -0.07% Traditional ROI: 3.45%
23001 SE YELLOWHAMMER St Damascus, OR A rare opportunity to own a truly distinctive A-frame retreat set on 1.08 private acres, w...	4 beds \| 3 baths \| 2,256 sq.ft.	$700,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.67% Airbnb Rental Income: $1912 Traditional Rental Income: $3764 Airbnb ROI: 0.06% Traditional ROI: 3.67%
12550 SE 242ND Ave Damascus, OR Situated on nearly one flat, fully usable acre, this charming 1949 home with original buil...	4 beds \| 3 baths \| 3,413 sq.ft.	$764,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.51% Airbnb Rental Income: $1912 Traditional Rental Income: $4460 Airbnb ROI: 0.22% Traditional ROI: 4.51%
25150 SE BOHNA PARK Rd Damascus, OR This is the one! Special estate nestled perfectly on secluded, treed view lot! Complete pr...	5 beds \| 6 baths \| 6,000 sq.ft.	$2,449,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.05% Airbnb Rental Income: $1402 Traditional Rental Income: $8207 Airbnb ROI: -1.13% Traditional ROI: 2.05%
17323 SE ELIAS Ct Damascus, OR Welcome home to this beautifully maintained 3 bed, 2.5 bath townhouse in Damascus, ideally...	3 beds \| 3 baths \| 1,535 sq.ft.	$409,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.14% Airbnb Rental Income: $1481 Traditional Rental Income: $2927 Airbnb ROI: 0.24% Traditional ROI: 5.14%
15968 SE VENICE RIDGE Way Damascus, OR Stunning Home in the Highly Sought-After Orchard Lake Community! This One-Owner Home Offer...	5 beds \| 4 baths \| 3,013 sq.ft.	$725,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 5.33% Airbnb Rental Income: $1402 Traditional Rental Income: $5117 Airbnb ROI: -0.79% Traditional ROI: 5.33%
9380 SE KINGSWOOD Way Damascus, OR Perched on 2 private acres with breathtaking views, this exceptional 4,121 sq ft custom ho...	3 beds \| 4 baths \| 4,121 sq.ft.	$1,450,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 1.58% Airbnb Rental Income: $1481 Traditional Rental Income: $4683 Airbnb ROI: -1.12% Traditional ROI: 1.58%
23000 SE HIGHWAY 212 Damascus, OR Vacant and move-in ready! Charming 2-bedroom, 2-bath home in a great location just outside...	2 beds \| 2 baths \| 1,275 sq.ft.	$518,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.92% Airbnb Rental Income: $903 Traditional Rental Income: $2330 Airbnb ROI: -0.73% Traditional ROI: 2.92%
20220 SE DELIA St Damascus, OR This beautiful Damascus one-level ranch home is nestled on 1.79 acres. Private road. Enjoy...	4 beds \| 2 baths \| 2,546 sq.ft.	$795,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.13% Airbnb Rental Income: $1912 Traditional Rental Income: $3658 Airbnb ROI: 0.08% Traditional ROI: 3.13%
16204 SE BEL AIR Dr Damascus, OR Situated on a picturesque one-acre lot in Damascus, this well-maintained property offers a...	4 beds \| 4 baths \| 2,586 sq.ft.	$825,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.64% Airbnb Rental Income: $1912 Traditional Rental Income: $4286 Airbnb ROI: -0.11% Traditional ROI: 3.64%
17424 SE HIGHWAY 224 Damascus, OR Open House Sunday May 31st 12-2pm. Rare opportunity to own 10.77 scenic acres on the Clack...	4 beds \| 2 baths \| 2,587 sq.ft.	$2,150,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.21% Airbnb Rental Income: $1912 Traditional Rental Income: $3690 Airbnb ROI: -0.93% Traditional ROI: 0.21%
17256 SE BISCAYNE St Damascus, OR Spacious 5-bedroom home in an established neighborhood with a peaceful view of mature tree...	5 beds \| 3 baths \| 2,800 sq.ft.	$654,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 4.04% Airbnb Rental Income: $1402 Traditional Rental Income: $3888 Airbnb ROI: -0.73% Traditional ROI: 4.04%
22892 SE BELMONT Ct Damascus, OR Tucked away on a cul-de-sac in Damascus, this light-filled home offers the space, flexibil...	5 beds \| 3 baths \| 2,146 sq.ft.	$650,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 4.29% Airbnb Rental Income: $1402 Traditional Rental Income: $3841 Airbnb ROI: -0.43% Traditional ROI: 4.29%
15900 SE ROYER Rd Damascus, OR Experience refined country living in this modern farmhouse retreat set on picturesqueacrea...	4 beds \| 3 baths \| 3,024 sq.ft.	$1,150,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.21% Airbnb Rental Income: $1912 Traditional Rental Income: $3992 Airbnb ROI: -0.21% Traditional ROI: 2.21%

Real Estate investment in Damascus, OR

There are 41 properties for sale in the city of Damascus . The median list price in Damascus is $694,000 and the average price per square foot is $275. In June 2026, the average monthly cash on cash return in Damascus is 3.00%. The average monthly rental income in Damascus is $3,679.

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

There are 41 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 $1,481.

Your search for investment property begins and ends here

Investment Property for Sale in Damascus, OR

13553 SE 180TH Ave

Damascus, OR

4 beds | 4 baths | 4,163 sq.ft.

$1,298,000

Airbnb cash on cash: -0.81%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $1912

Traditional Rental Income: $4787

Airbnb ROI: -0.81%

Traditional ROI: 1.99%

19100 SE DEBORA Dr

Damascus, OR

3 beds | 3 baths | 3,096 sq.ft.

$1,050,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $1481

Traditional Rental Income: $3959

Airbnb ROI: -0.65%

Traditional ROI: 2.33%

16056 SE ORCHARD VIEW Ln

Damascus, OR

4 beds | 3 baths | 2,226 sq.ft.

$630,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $1912

Traditional Rental Income: $4787

Airbnb ROI: 0.05%

Traditional ROI: 5.8%

25421 SE SUNSHINE VALLEY Rd

Damascus, OR

4 beds | 2 baths | 2,312 sq.ft.

$825,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $1912

Traditional Rental Income: $3452

Airbnb ROI: 0.02%

Traditional ROI: 2.69%

9600 SE TOWER Dr

Damascus, OR

4 beds | 3 baths | 2,658 sq.ft.

$775,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1912

Traditional Rental Income: $4173

Airbnb ROI: 0.06%

Traditional ROI: 3.9%

22735 SE NAOMI Dr

Damascus, OR

3 beds | 2 baths | 1,510 sq.ft.

$600,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1481

Traditional Rental Income: $2777

Airbnb ROI: -0.28%

Traditional ROI: 2.81%

15156 SE SHALE Dr

Damascus, OR

3 beds | 3 baths | 1,588 sq.ft.

$419,900

Airbnb cash on cash: -0.48%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1481

Traditional Rental Income: $2952

Airbnb ROI: -0.48%

Traditional ROI: 4.37%

16415 SE PYRITE St

Damascus, OR

3 beds | 3 baths | 1,533 sq.ft.

$419,900

Airbnb cash on cash: 0.05%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $1481

Traditional Rental Income: $2773

Airbnb ROI: 0.05%