Real Estate Investments for Sale in Damascus, OR With High ROI

Are you looking for a vacation rental in Damascus, OR? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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
12510 SE 199TH DR Damascus, OR Welcome home to your country oasis on a quiet acre in Damascus! Close to Damascus and Happ...	4 beds \| 3 baths \| 1,875 sq.ft.	$749,900	Airbnb cash on cash: 4.14% Traditional cash on cash: 2.1% Airbnb Rental Income: $5155 Traditional Rental Income: $2677 Airbnb ROI: 4.14% Traditional ROI: 2.1%
15485 SE ECKERT LN Damascus, OR Nestled in the sought after Windswept Waters community on the Clackamas River w/parks, gre...	2 beds \| 3 baths \| 1,545 sq.ft.	$409,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 3.47% Airbnb Rental Income: $3016 Traditional Rental Income: $2343 Airbnb ROI: 3.43% Traditional ROI: 3.47%
17444 SE VOGEL RD Damascus, OR Lot 1, 4.55 ac. THIS IS 1 of 6 CONTIGUOUS LOTS FOR SALE,TOTALING 17.59 ac. Lots 1,7&8 zone...	2 beds \| 2 baths \| 921 sq.ft.	$2,942,100	Airbnb cash on cash: -1.13% Traditional cash on cash: -1.27% Airbnb Rental Income: $3016 Traditional Rental Income: $1946 Airbnb ROI: -1.13% Traditional ROI: -1.27%
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: 1.02% Traditional cash on cash: 0.07% Airbnb Rental Income: $5155 Traditional Rental Income: $2426 Airbnb ROI: 1.02% Traditional ROI: 0.07%
18320 SE VOGEL RD Damascus, OR Desirable 12.33 acres currently used as a farm. Private acreage with territory views and ...	4 beds \| 3 baths \| 2,726 sq.ft.	$1,299,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 0.85% Airbnb Rental Income: $5155 Traditional Rental Income: $2778 Airbnb ROI: 1.95% Traditional ROI: 0.85%
24520 SE STRAWBERRY DR Damascus, OR Opportunity awaits!! This home is located in the highly sought after Sun Park Terrace Neig...	3 beds \| 3 baths \| 1,950 sq.ft.	$549,950	Airbnb cash on cash: 3.94% Traditional cash on cash: 3% Airbnb Rental Income: $3965 Traditional Rental Income: $2630 Airbnb ROI: 3.94% Traditional ROI: 3%
15000 SE Crosscreek Ct Damascus, OR	5 beds \| 4 baths \| 4,138 sq.ft.	$1,337,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 1.21% Airbnb Rental Income: $6330 Traditional Rental Income: $3830 Airbnb ROI: 2.22% Traditional ROI: 1.21%
18233 SE EMI ST Damascus, OR Welcome to your peaceful retreat in Damascus, where this delightful 3-bedroom, 1-bathroom ...	3 beds \| 1 baths \| 1,665 sq.ft.	$529,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 1.22% Airbnb Rental Income: $3965 Traditional Rental Income: $1566 Airbnb ROI: 4.34% Traditional ROI: 1.22%
9220 SE WOODED HILLS CT Damascus, OR A private drive leads to this custom home on top of a thickly forested butte. Nearly 2 acr...	3 beds \| 4 baths \| 3,798 sq.ft.	$979,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 1.54% Airbnb Rental Income: $3965 Traditional Rental Income: $3218 Airbnb ROI: 1.43% Traditional ROI: 1.54%
16325 SE Don Lino Ct Damascus, OR Accepted Offer with Contingencies. Nestled in a tranquil cul-de-sac, this 3-bed, 2.5-bath ...	3 beds \| 3 baths \| 1,608 sq.ft.	$529,900	Airbnb cash on cash: 4.11% Traditional cash on cash: 2.97% Airbnb Rental Income: $3965 Traditional Rental Income: $2554 Airbnb ROI: 4.11% Traditional ROI: 2.97%
20020 SE CHITWOOD RD Damascus, OR Discover serenity in the heart of Damascus with this expansive nearly 7-acre lot home with...	3 beds \| 2 baths \| 4,424 sq.ft.	$849,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 0.7% Airbnb Rental Income: $3965 Traditional Rental Income: $2048 Airbnb ROI: 2.05% Traditional ROI: 0.7%
10297 SE EASTMONT DR Damascus, OR Amazing amount of home for the $$!! 4,904 sq ft on 1.78 PRIVATE GATED ACRES with 4 bedroo...	4 beds \| 5 baths \| 4,903 sq.ft.	$889,997	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.17% Airbnb Rental Income: $5155 Traditional Rental Income: $4525 Airbnb ROI: 2.67% Traditional ROI: 3.17%
16825 SE Sasha LN Damascus, OR Introducing an immaculate, new construction home that exudes elegance + sophistication fro...	4 beds \| 3 baths \| 2,138 sq.ft.	$749,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 1.89% Airbnb Rental Income: $5155 Traditional Rental Income: $2787 Airbnb ROI: 3.78% Traditional ROI: 1.89%
14917 SE 187TH AVE Damascus, OR Location! Location! Location! This 1992 well-maintained one-level one-owner West Damascus ...	3 beds \| 3 baths \| 2,080 sq.ft.	$750,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 1.67% Airbnb Rental Income: $3965 Traditional Rental Income: $2472 Airbnb ROI: 2.59% Traditional ROI: 1.67%
16223 SE GRAND ST Damascus, OR Welcome home to this beautiful, fully remodeled, move-in ready cottage. With the gorgeous ...	3 beds \| 1 baths \| 1,443 sq.ft.	$487,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 1.76% Airbnb Rental Income: $3965 Traditional Rental Income: $1631 Airbnb ROI: 5.02% Traditional ROI: 1.76%
22271 SE DONNA CIR Damascus, OR MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST BY 8PM 4/22, SELLER TO RESPOND BY 5PM 4/23. NO ...	3 beds \| 2 baths \| 1,856 sq.ft.	$625,000	Airbnb cash on cash: 3.37% Traditional cash on cash: 1.55% Airbnb Rental Income: $3965 Traditional Rental Income: $2054 Airbnb ROI: 3.37% Traditional ROI: 1.55%
21415 SE BOHNA PARK RD Damascus, OR Roll up your sleeves and reap the rewards with this amazing acreage property with this spa...	4 beds \| 2 baths \| 2,446 sq.ft.	$499,900	Airbnb cash on cash: 6.55% Traditional cash on cash: 2.61% Airbnb Rental Income: $5155 Traditional Rental Income: $2264 Airbnb ROI: 6.55% Traditional ROI: 2.61%

Real Estate investment in Damascus, OR

There are 17 properties for sale in the city of Damascus . The median list price in Damascus is $749,900 and the average price per square foot is $296. In April 2024, the average monthly cash on cash return in Damascus is 2.00%. The average monthly rental income in Damascus is $2,449.

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

There are 17 investment properties available for sale in Damascus.

In 2024, 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 $3,965.

Your search for investment property begins and ends here

Investment Property for Sale in Damascus, OR

12510 SE 199TH DR

Damascus, OR

4 beds | 3 baths | 1,875 sq.ft.

$749,900

Airbnb cash on cash: 4.14%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $5155

Traditional Rental Income: $2677

Airbnb ROI: 4.14%

Traditional ROI: 2.1%

15485 SE ECKERT LN

Damascus, OR

2 beds | 3 baths | 1,545 sq.ft.

$409,000

Airbnb cash on cash: 3.43%

Traditional cash on cash: 3.47%

Airbnb Rental Income: $3016

Traditional Rental Income: $2343

Airbnb ROI: 3.43%

Traditional ROI: 3.47%

17444 SE VOGEL RD

Damascus, OR

2 beds | 2 baths | 921 sq.ft.

$2,942,100

Airbnb cash on cash: -1.13%

Traditional cash on cash: -1.27%

Airbnb Rental Income: $3016

Traditional Rental Income: $1946

Airbnb ROI: -1.13%

Traditional ROI: -1.27%

16400 SE HIGHWAY 224

Damascus, OR

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

$1,900,000

Airbnb cash on cash: 1.02%

Traditional cash on cash: 0.07%

Airbnb Rental Income: $5155

Traditional Rental Income: $2426

Airbnb ROI: 1.02%

Traditional ROI: 0.07%

18320 SE VOGEL RD

Damascus, OR

4 beds | 3 baths | 2,726 sq.ft.

$1,299,900

Airbnb cash on cash: 1.95%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $5155

Traditional Rental Income: $2778

Airbnb ROI: 1.95%

Traditional ROI: 0.85%

24520 SE STRAWBERRY DR

Damascus, OR

3 beds | 3 baths | 1,950 sq.ft.

$549,950

Airbnb cash on cash: 3.94%

Traditional cash on cash: 3%

Airbnb Rental Income: $3965

Traditional Rental Income: $2630

Airbnb ROI: 3.94%

Traditional ROI: 3%

15000 SE Crosscreek Ct

Damascus, OR

5 beds | 4 baths | 4,138 sq.ft.

$1,337,000

Airbnb cash on cash: 2.22%

Traditional cash on cash: 1.21%

Airbnb Rental Income: $6330

Traditional Rental Income: $3830

Airbnb ROI: 2.22%

Traditional ROI: 1.21%

18233 SE EMI ST

Damascus, OR

3 beds | 1 baths | 1,665 sq.ft.

$529,900

Airbnb cash on cash: 4.34%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $3965

Traditional Rental Income: $1566

Airbnb ROI: 4.34%