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
1381 NE E DEVILS LAKE Rd Otis, OR Experience lake living at its finest on one of the most coveted stretches of Devils Lake. ...	5 beds \| 5 baths \| 3,202 sq.ft.	$1,200,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 5.07% Airbnb Rental Income: $1527 Traditional Rental Income: $7425 Airbnb ROI: -0.62% Traditional ROI: 5.07%
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: -1.29% Traditional cash on cash: 1.79% Airbnb Rental Income: $772 Traditional Rental Income: $2893 Airbnb ROI: -1.29% Traditional ROI: 1.79%
1415 N Alvord Ln Otis, OR Story Book Creek Front Cottage on Bear Creek. Country setting with High Vaulted ceilings, ...	2 beds \| 1 baths \| 1,360 sq.ft.	$420,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.84% Airbnb Rental Income: $448 Traditional Rental Income: $1395 Airbnb ROI: -1.23% Traditional ROI: 1.84%
3770 NE 12th Street Otis, OR Enjoy Approximately 90 feet of pristine Devils Lake frontage and also your own private doc...	3 beds \| 1 baths \| 1,389 sq.ft.	$839,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 2.01% Airbnb Rental Income: $772 Traditional Rental Income: $2935 Airbnb ROI: -1.17% Traditional ROI: 2.01%
105 N Durette Drive Otis, OR This nearly new home truly checks every box for those who cherish both comfort and the joy...	3 beds \| 2 baths \| 2,012 sq.ft.	$550,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 4.94% Airbnb Rental Income: $772 Traditional Rental Income: $3499 Airbnb ROI: -0.99% Traditional ROI: 4.94%
946 N ECHO MOUNTAIN Rd Otis, OR Discover unparalleled privacy and breathtaking natural beauty atop the mountain with this ...	2 beds \| 2 baths \| 2,268 sq.ft.	$865,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.17% Airbnb Rental Income: $448 Traditional Rental Income: $3140 Airbnb ROI: -1.5% Traditional ROI: 2.17%
4724 NE Loop Drive Otis, OR Waterfront Living on Devils Lake! Experience the best of lakeside living with your own 48'...	3 beds \| 1 baths \| 1,200 sq.ft.	$549,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.66% Airbnb Rental Income: $772 Traditional Rental Income: $2763 Airbnb ROI: -0.84% Traditional ROI: 3.66%
461 N Deerlane Drive Otis, OR New Price! Charming fixer-upper on a spacious double lot backing to Panther Creek, where y...	2 beds \| 2 baths \| 1,248 sq.ft.	$315,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 6.18% Airbnb Rental Income: $448 Traditional Rental Income: $2332 Airbnb ROI: -1.07% Traditional ROI: 6.18%
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.	$370,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 6.77% Airbnb Rental Income: $772 Traditional Rental Income: $3010 Airbnb ROI: -0.59% Traditional ROI: 6.77%
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.	$599,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.16% Airbnb Rental Income: $772 Traditional Rental Income: $3107 Airbnb ROI: -0.58% Traditional ROI: 4.16%
2997 NE Loop Drive Otis, OR Beautiful single level lakefront home! this home sits on nearly half an acre of flat, usab...	2 beds \| 2 baths \| 1,895 sq.ft.	$1,125,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.61% Airbnb Rental Income: $448 Traditional Rental Income: $3413 Airbnb ROI: -1.48% Traditional ROI: 1.61%
835 N Bear Creek Road Otis, OR DREAMY ACREAGE with tranquility of Bear Creek babbling through your property. You are imme...	3 beds \| 2 baths \| 1,678 sq.ft.	$765,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.7% Airbnb Rental Income: $772 Traditional Rental Income: $3061 Airbnb ROI: -0.96% Traditional ROI: 2.7%
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.	$1,650,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 0.82% Airbnb Rental Income: $923 Traditional Rental Income: $3833 Airbnb ROI: -1.3% Traditional ROI: 0.82%
123 N Jade Way Otis, OR Welcome home to this lovely home set on a spacious 1.13 Acre lot in the peaceful community...	4 beds \| 2 baths \| 1,456 sq.ft.	$449,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 5.11% Airbnb Rental Income: $923 Traditional Rental Income: $2898 Airbnb ROI: -0.4% Traditional ROI: 5.11%
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: -0.98% Traditional cash on cash: 2.4% Airbnb Rental Income: $772 Traditional Rental Income: $2941 Airbnb ROI: -0.98% 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.	$422,500	Airbnb cash on cash: -0.61% Traditional cash on cash: 5.69% Airbnb Rental Income: $772 Traditional Rental Income: $2949 Airbnb ROI: -0.61% Traditional ROI: 5.69%
1349 NE E DEVILS LAKE Rd Otis, OR Lakefront living on the Oregon Coast! This 3-bedroom, 2.5-bath home offers a rare blend of...	3 beds \| 3 baths \| 2,468 sq.ft.	$915,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 3.1% Airbnb Rental Income: $772 Traditional Rental Income: $4170 Airbnb ROI: -1.26% Traditional ROI: 3.1%
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: -0.96% Traditional cash on cash: 4.23% Airbnb Rental Income: $772 Traditional Rental Income: $3837 Airbnb ROI: -0.96% Traditional ROI: 4.23%

Real Estate investment in Otis, OR

There are 22 properties for sale in the city of Otis . The median list price in Otis is $539,000 and the average price per square foot is $299. In April 2026, the average monthly cash on cash return in Otis is 3.00%. The average monthly rental income in Otis is $2,938.

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

There are 22 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 $2,938.

Your search for investment property begins and ends here

Investment Property for Sale in Otis, OR

1381 NE E DEVILS LAKE Rd

Otis, OR

5 beds | 5 baths | 3,202 sq.ft.

$1,200,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 5.07%

Airbnb Rental Income: $1527

Traditional Rental Income: $7425

Airbnb ROI: -0.62%

Traditional ROI: 5.07%

2871 NE E Devils Lake Road

Otis, OR

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

$849,000

Airbnb cash on cash: -1.29%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $772

Traditional Rental Income: $2893

Airbnb ROI: -1.29%

Traditional ROI: 1.79%

1415 N Alvord Ln

Otis, OR

2 beds | 1 baths | 1,360 sq.ft.

$420,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $448

Traditional Rental Income: $1395

Airbnb ROI: -1.23%

Traditional ROI: 1.84%

3770 NE 12th Street

Otis, OR

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

$839,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $772

Traditional Rental Income: $2935

Airbnb ROI: -1.17%

Traditional ROI: 2.01%

105 N Durette Drive

Otis, OR

3 beds | 2 baths | 2,012 sq.ft.

$550,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $772

Traditional Rental Income: $3499

Airbnb ROI: -0.99%

Traditional ROI: 4.94%

946 N ECHO MOUNTAIN Rd

Otis, OR

2 beds | 2 baths | 2,268 sq.ft.

$865,000

Airbnb cash on cash: -1.5%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $448

Traditional Rental Income: $3140

Airbnb ROI: -1.5%

Traditional ROI: 2.17%

4724 NE Loop Drive

Otis, OR

3 beds | 1 baths | 1,200 sq.ft.

$549,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $772

Traditional Rental Income: $2763

Airbnb ROI: -0.84%

Traditional ROI: 3.66%

461 N Deerlane Drive

Otis, OR

2 beds | 2 baths | 1,248 sq.ft.

$315,000

Airbnb cash on cash: -1.07%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $448

Traditional Rental Income: $2332

Airbnb ROI: -1.07%