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
3770 NE 12th Street Otis, OR A charming lakefront cabin with approximately 90 feet of pristine lake frontage and a priv...	3 beds \| N/A baths \| 1,389 sq.ft.	$849,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 1.99% Airbnb Rental Income: $3023 Traditional Rental Income: $2935 Airbnb ROI: 1.22% Traditional ROI: 1.99%
3621 NE 10th Street Otis, OR A lakefront home offering over 100 feet of low-bank shoreline with the house set about 20 ...	3 beds \| N/A baths \| 1,136 sq.ft.	$799,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 2.17% Airbnb Rental Income: $3023 Traditional Rental Income: $2761 Airbnb ROI: 1.59% Traditional ROI: 2.17%
1474 N Alvord Lane Otis, OR Peaceful Country living in this 2-story turn-key custom cabin. Featuring 2 bd ,2 bath with...	2 beds \| N/A baths \| 1,240 sq.ft.	$443,900	Airbnb cash on cash: 3.58% Traditional cash on cash: 2.7% Airbnb Rental Income: $2867 Traditional Rental Income: $1833 Airbnb ROI: 3.58% Traditional ROI: 2.7%
3730 NE 10th Street Otis, OR Enjoy this property with all the benefits of lake front living without the high price tag...	3 beds \| N/A baths \| 2,464 sq.ft.	$714,900	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.11% Airbnb Rental Income: $3023 Traditional Rental Income: $3837 Airbnb ROI: 1.85% Traditional ROI: 4.11%
573 N Boulder Creek Drive Otis, OR Charming Creekfront Retreat. Minutes from the Beach! One-level living in this 2-bedroom, 2...	2 beds \| 2 baths \| 1,485 sq.ft.	$380,000	Airbnb cash on cash: 4.43% Traditional cash on cash: 5.64% Airbnb Rental Income: $2867 Traditional Rental Income: $2633 Airbnb ROI: 4.43% Traditional ROI: 5.64%
566 N Bear Creek Road Otis, OR Does falling asleep with the sounds of Bear Creek bubbling and the wind sighing through th...	3 beds \| N/A baths \| 1,472 sq.ft.	$425,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 5.98% Airbnb Rental Income: $3023 Traditional Rental Income: $3080 Airbnb ROI: 4.1% Traditional ROI: 5.98%
19 N New Bridge Court Otis, OR Not in a flood zone way above river . Open house SUN 1200-230 Complete Remodel Waterfront ...	3 beds \| N/A baths \| 1,540 sq.ft.	$510,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.03% Airbnb Rental Income: $3023 Traditional Rental Income: $3161 Airbnb ROI: 3.28% Traditional ROI: 5.03%
353 N Deerlane Drive Otis, OR Creekfront one level private setting 3 bedroom, 2 bath with large kitchen, dining area and...	3 beds \| N/A baths \| 1,438 sq.ft.	$399,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 4.94% Airbnb Rental Income: $3023 Traditional Rental Income: $2557 Airbnb ROI: 4.34% Traditional ROI: 4.94%
360 N Deerlane Drive Otis, OR Secluded Beauty! Custom built 3734 sf home, true to the original 1994 estate design with l...	3 beds \| N/A baths \| 3,734 sq.ft.	$650,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 3.82% Airbnb Rental Income: $3023 Traditional Rental Income: $3512 Airbnb ROI: 1.87% Traditional ROI: 3.82%
3217 N North Bank Road Otis, OR TO BE BUILT By Adair Homes. Listing shows proposed TETON PLAN w/ list price encompassing c...	3 beds \| N/A baths \| 1,598 sq.ft.	$800,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.8% Airbnb Rental Income: $3023 Traditional Rental Income: $3063 Airbnb ROI: 1.82% Traditional ROI: 2.8%
432 Yodel Otis, OR 2.09 acre Country BARN converted into a 3262 sq. ft. home! Industrial meet country charm. ...	4 beds \| N/A baths \| 2,854 sq.ft.	$609,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.74% Airbnb Rental Income: $4081 Traditional Rental Income: $3684 Airbnb ROI: 3.91% Traditional ROI: 4.74%
46 N New Bridge Road Otis, OR Welcome to peaceful country living! This classic ranch home, situated on over half an acr...	3 beds \| 3 baths \| 1,765 sq.ft.	$549,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.78% Airbnb Rental Income: $3023 Traditional Rental Income: $3455 Airbnb ROI: 2.6% Traditional ROI: 4.78%
2871 NE East Devils Lake Road Otis, OR Lakefront living on Devils Lake! Bring your boat and water toys! This secluded property o...	3 beds \| N/A baths \| 1,662 sq.ft.	$900,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 1.65% Airbnb Rental Income: $3023 Traditional Rental Income: $2893 Airbnb ROI: 0.97% Traditional ROI: 1.65%
1635 NE East Devils Lake Road Otis, OR This stunning custom lakefront home perfectly blends luxury, comfort, and natural beauty. ...	5 beds \| N/A baths \| 3,923 sq.ft.	$1,574,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 0.85% Airbnb Rental Income: $5780 Traditional Rental Income: $3756 Airbnb ROI: 1.45% Traditional ROI: 0.85%
743 N SUNDOWN DR Otis, OR Welcome to this well-cared-for manufactured home, perfectly situated on a scenic creekfron...	3 beds \| 2 baths \| 1,866 sq.ft.	$525,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 4.49% Airbnb Rental Income: $3023 Traditional Rental Income: $3042 Airbnb ROI: 3.04% Traditional ROI: 4.49%
669 N BOULDER CREEK DR Otis, OR No sign in yard. Owner prefers 24 hr notice on showings.	2 beds \| 2 baths \| 1,788 sq.ft.	$430,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 4.4% Airbnb Rental Income: $2867 Traditional Rental Income: $2600 Airbnb ROI: 3.41% Traditional ROI: 4.4%
1890 NE EAST DEVILS LAKE RD Otis, OR Discover this custom-built craftsman home on 5 private acres overlooking Devils Lake, just...	4 beds \| 4 baths \| 3,554 sq.ft.	$1,399,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.52% Airbnb Rental Income: $4081 Traditional Rental Income: $5448 Airbnb ROI: 0.8% Traditional ROI: 2.52%
2165 NE East Devils Lake Rd Otis, OR Large 4 bedrm/4 bathrm home on the lake with a private boat dock and a separate 1 bedrm/1 ...	4 beds \| 5 baths \| 3,533 sq.ft.	$799,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 5.71% Airbnb Rental Income: $4081 Traditional Rental Income: $5562 Airbnb ROI: 2.55% Traditional ROI: 5.71%
2941 NE Loop Drive Otis, OR Discover Serenity: Custom Lake Home with Private Beach. Escape to your private lakefront p...	3 beds \| N/A baths \| 2,164 sq.ft.	$999,500	Airbnb cash on cash: 0.83% Traditional cash on cash: 2.32% Airbnb Rental Income: $3023 Traditional Rental Income: $3713 Airbnb ROI: 0.83% Traditional ROI: 2.32%
373 N Deerlane Drive Otis, OR Forested creekside retreat just 10 min from Lincoln City on two tax lots! Nestled above th...	1 beds \| N/A baths \| 576 sq.ft.	$288,000	Airbnb cash on cash: 5% Traditional cash on cash: 4.99% Airbnb Rental Income: $2465 Traditional Rental Income: $1861 Airbnb ROI: 5% Traditional ROI: 4.99%
3279 NE East Devils Lake Road Otis, OR Enjoy Lakefront Life on this beautiful 2.27 acre home site. This spacious 4 bed/3 bath hom...	4 beds \| N/A baths \| 2,946 sq.ft.	$1,399,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 0.89% Airbnb Rental Income: $4081 Traditional Rental Income: $3555 Airbnb ROI: 0.63% Traditional ROI: 0.89%

Real Estate investment in Otis, OR

There are 21 properties for sale in the city of Otis . The median list price in Otis is $609,000 and the average price per square foot is $299. In September 2025, the average monthly cash on cash return in Otis is 4.00%. The average monthly rental income in Otis is $3,063.

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

There are 21 investment properties available for sale in Otis.

In 2025, 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 $3,063.

Your search for investment property begins and ends here

Investment Property for Sale in Otis, OR

3770 NE 12th Street

Otis, OR

3 beds | N/A baths | 1,389 sq.ft.

$849,000

Airbnb cash on cash: 1.22%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $3023

Traditional Rental Income: $2935

Airbnb ROI: 1.22%

Traditional ROI: 1.99%

3621 NE 10th Street

Otis, OR

3 beds | N/A baths | 1,136 sq.ft.

$799,000

Airbnb cash on cash: 1.59%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $3023

Traditional Rental Income: $2761

Airbnb ROI: 1.59%

Traditional ROI: 2.17%

1474 N Alvord Lane

Otis, OR

2 beds | N/A baths | 1,240 sq.ft.

$443,900

Airbnb cash on cash: 3.58%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $2867

Traditional Rental Income: $1833

Airbnb ROI: 3.58%

Traditional ROI: 2.7%

3730 NE 10th Street

Otis, OR

3 beds | N/A baths | 2,464 sq.ft.

$714,900

Airbnb cash on cash: 1.85%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $3023

Traditional Rental Income: $3837

Airbnb ROI: 1.85%

Traditional ROI: 4.11%

573 N Boulder Creek Drive

Otis, OR

2 beds | 2 baths | 1,485 sq.ft.

$380,000

Airbnb cash on cash: 4.43%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $2867

Traditional Rental Income: $2633

Airbnb ROI: 4.43%

Traditional ROI: 5.64%

566 N Bear Creek Road

Otis, OR

3 beds | N/A baths | 1,472 sq.ft.

$425,000

Airbnb cash on cash: 4.1%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $3023

Traditional Rental Income: $3080

Airbnb ROI: 4.1%

Traditional ROI: 5.98%

19 N New Bridge Court

Otis, OR

3 beds | N/A baths | 1,540 sq.ft.

$510,000

Airbnb cash on cash: 3.28%

Traditional cash on cash: 5.03%

Airbnb Rental Income: $3023

Traditional Rental Income: $3161

Airbnb ROI: 3.28%

Traditional ROI: 5.03%

353 N Deerlane Drive

Otis, OR

3 beds | N/A baths | 1,438 sq.ft.

$399,000

Airbnb cash on cash: 4.34%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $3023

Traditional Rental Income: $2557

Airbnb ROI: 4.34%