Multi-Family Homes & Duplexes for Sale in Cold Springs, Hermiston

Cold Springs, named after the first nature refuge in the West, is largely a rural area where hobby farmers cultivate crops and raise their own livestock. Located on the south bank of the Columbia River, Cold Springs has access to a placid stretch of water between Oregon and Washington, part of which runs beside the historic Lewis and Clark Commemorative Trail. Though the neighborhood consists of green stretches of land between homes, downtown Hermiston is almost a straight shot for shopping and dining. Cold Springs is primarily pastoral. One-lane roads lead past grazing cattle in green fields and agricultural sprayers hovering over neat rows of crops. Homes in the area come on large lots with room for workshops, livestock and several vehicles. Cottages and ranch-style homes on between 2 and 3.5 acres range from $180,000 to $375,000 in price. Most of these homes were built around the 1970s, while some cottages date back to the first few decades of the 1900s. Ranch-style homes on 3 to 4 acres of land fetch between $675,000 and $700,000. “For anybody who has acreage, water rights are like gold. They add value to your property,” says Mike Boylan, the principal broker of Boylan Realty