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
7667 NE PARK LN Otis, OR Welcome to your own secluded sanctuary, nestled high above it all with commanding views of...	4 beds \| 4 baths \| 3,502 sq.ft.	$1,078,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.18% Airbnb Rental Income: $1940 Traditional Rental Income: $5877 Airbnb ROI: -0.26% Traditional ROI: 4.18%
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.	$900,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.63% Airbnb Rental Income: $1487 Traditional Rental Income: $2893 Airbnb ROI: -0.57% Traditional ROI: 1.63%
127 N JADE WAY Otis, OR This charming 2-story traditional residence offers 1,887 square feet of living space acros...	3 beds \| 3 baths \| 1,887 sq.ft.	$500,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.4% Airbnb Rental Income: $1487 Traditional Rental Income: $3369 Airbnb ROI: 0.45% Traditional ROI: 5.4%
566 N BEAR CREEK RD Otis, OR This thoughtfully renovated CREEK FRONT home has heart and soul, combining classic charm w...	3 beds \| 1 baths \| 1,472 sq.ft.	$425,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.98% Airbnb Rental Income: $1487 Traditional Rental Income: $3080 Airbnb ROI: 0.88% Traditional ROI: 5.98%
3621/3651 NE 10th Street Otis, OR Two adjacent waterfront properties on Devils Lake, Oregon just 5 minutes' drive from the o...	3 beds \| 2 baths \| 1,136 sq.ft.	$875,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.84% Airbnb Rental Income: $1487 Traditional Rental Income: $2761 Airbnb ROI: -0.26% Traditional ROI: 1.84%
1635 NE E Devils Lake Road Otis, OR This stunning custom lakefront home perfectly blends luxury, comfort, and natural beauty. ...	5 beds \| 4 baths \| 3,923 sq.ft.	$1,395,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.07% Airbnb Rental Income: $2110 Traditional Rental Income: $3756 Airbnb ROI: -0.62% Traditional ROI: 1.07%
2867 N North 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.	$450,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 6.69% Airbnb Rental Income: $1940 Traditional Rental Income: $3583 Airbnb ROI: 1.57% Traditional ROI: 6.69%
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: 0.43% Traditional cash on cash: 4.49% Airbnb Rental Income: $1487 Traditional Rental Income: $3042 Airbnb ROI: 0.43% Traditional ROI: 4.49%
3217 N Bank Road Otis, OR TO BE BUILT By Adair Homes. Listing shows proposed TETON PLAN w/ list price encompassing c...	3 beds \| 2 baths \| 1,598 sq.ft.	$770,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.95% Airbnb Rental Income: $1487 Traditional Rental Income: $3063 Airbnb ROI: 0.14% Traditional ROI: 2.95%
46 N New Bridge Road Otis, OR Welcome to peaceful country living! This classic ranch home, situated on over half an acre...	3 beds \| N/A baths \| 1,765 sq.ft.	$549,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.78% Airbnb Rental Income: $1487 Traditional Rental Income: $3455 Airbnb ROI: 0.1% Traditional ROI: 4.78%
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: -0.05% Traditional cash on cash: 4.23% Airbnb Rental Income: $1487 Traditional Rental Income: $3837 Airbnb ROI: -0.05% Traditional ROI: 4.23%
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: 0.66% Traditional cash on cash: 5.64% Airbnb Rental Income: $1255 Traditional Rental Income: $2633 Airbnb ROI: 0.66% Traditional ROI: 5.64%
353 N Deerlane Drive Otis, OR Creekfront one level private setting 3 bedroom, 2 bath with large kitchen, dining area and...	3 beds \| 2 baths \| 1,438 sq.ft.	$394,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 5% Airbnb Rental Income: $1487 Traditional Rental Income: $2557 Airbnb ROI: 0.93% Traditional ROI: 5%
385 N Deer Drive Otis, OR Luxury custom built all 1 level 2,616 sq ft 4 bedroom 2 full baths/2 1/2 baths. Kitchen wi...	4 beds \| N/A baths \| 2,616 sq.ft.	$899,500	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.44% Airbnb Rental Income: $1940 Traditional Rental Income: $3694 Airbnb ROI: -0.27% Traditional ROI: 2.44%
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.	$875,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.14% Airbnb Rental Income: $1255 Traditional Rental Income: $3140 Airbnb ROI: -0.66% Traditional ROI: 2.14%
606 N WAYSIDE LOOP Otis, OR Tucked away on a peaceful 0.28-acre lot in Otis, this charming 2-bedroom, 2-bathroom home ...	2 beds \| 2 baths \| 1,080 sq.ft.	$309,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.46% Airbnb Rental Income: $1255 Traditional Rental Income: $2415 Airbnb ROI: 1.1% Traditional ROI: 6.46%
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: 0.32% Traditional cash on cash: 3.66% Airbnb Rental Income: $1487 Traditional Rental Income: $2763 Airbnb ROI: 0.32% Traditional ROI: 3.66%
2867 N Bank Road 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.	$450,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.95% Airbnb Rental Income: $1940 Traditional Rental Income: $3278 Airbnb ROI: 1.56% Traditional ROI: 5.95%
2165 NE E Devils Lake Road 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.	$725,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 6.35% Airbnb Rental Income: $1940 Traditional Rental Income: $5562 Airbnb ROI: 0.23% Traditional ROI: 6.35%
19 N New Bridge Court Otis, OR Get away from the heat at this stunner river home! Complete Remodel Waterfront Retreat! We...	3 beds \| 2 baths \| 1,540 sq.ft.	$510,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 5.03% Airbnb Rental Income: $1487 Traditional Rental Income: $3161 Airbnb ROI: 0.6% Traditional ROI: 5.03%
3279 NE E 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 \| 3 baths \| 2,946 sq.ft.	$1,399,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 0.89% Airbnb Rental Income: $1940 Traditional Rental Income: $3555 Airbnb ROI: -0.75% 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 $549,900 and the average price per square foot is $267. In October 2025, the average monthly cash on cash return in Otis is 4.00%. The average monthly rental income in Otis is $3,161.

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 Short-Term is higher than the Long-Term in Otis with average rental income of $1,487.

Your search for investment property begins and ends here

Investment Property for Sale in Otis, OR

7667 NE PARK LN

Otis, OR

4 beds | 4 baths | 3,502 sq.ft.

$1,078,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $1940

Traditional Rental Income: $5877

Airbnb ROI: -0.26%

Traditional ROI: 4.18%

2871 NE E Devils Lake Road

Otis, OR

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

$900,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 1.63%

Airbnb Rental Income: $1487

Traditional Rental Income: $2893

Airbnb ROI: -0.57%

Traditional ROI: 1.63%

127 N JADE WAY

Otis, OR

3 beds | 3 baths | 1,887 sq.ft.

$500,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $1487

Traditional Rental Income: $3369

Airbnb ROI: 0.45%

Traditional ROI: 5.4%

566 N BEAR CREEK RD

Otis, OR

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

$425,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $1487

Traditional Rental Income: $3080

Airbnb ROI: 0.88%

Traditional ROI: 5.98%

3621/3651 NE 10th Street

Otis, OR

3 beds | 2 baths | 1,136 sq.ft.

$875,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $1487

Traditional Rental Income: $2761

Airbnb ROI: -0.26%

Traditional ROI: 1.84%

1635 NE E Devils Lake Road

Otis, OR

5 beds | 4 baths | 3,923 sq.ft.

$1,395,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 1.07%

Airbnb Rental Income: $2110

Traditional Rental Income: $3756

Airbnb ROI: -0.62%

Traditional ROI: 1.07%

2867 N North Bank Rd

Otis, OR

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

$450,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $1940

Traditional Rental Income: $3583

Airbnb ROI: 1.57%

Traditional ROI: 6.69%

743 N SUNDOWN DR

Otis, OR

3 beds | 2 baths | 1,866 sq.ft.

$525,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1487

Traditional Rental Income: $3042

Airbnb ROI: 0.43%