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Incredible opportunity in the heart of Redmond! This 3-bed, 2-bath home sits on a spacious lot and offers tons of potential for buyers looking to build equity. Bring your vision—this property has good bones and charm waiting to be uncovered. Conveniently located near Redmond's historic downtown district with shops, restaurants, and schools. Zoned commercial. So many possibilities. Don't miss this chance to create something special! Priced to go quick!
A rough estimate, not a quote. Loan amount $207,200 · $51,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.18 acres on the county assessor's map. Tax lot 151316AA00102, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
294 listings of every type for sale, 119 pending, 67 sold in the last 30 days. Tap a place for its numbers, or slide the price.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Redmond, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 61 of the 543 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| Jun 26, 2025 | Price increase | $265,000$6K up |
| Apr 21, 2025 | Listed | $259,000 |
$192 per sq ft
64 days on market. Redmond median to pending is 27 days.
Tax $2,736 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $259,000 with 20% down, this property cash-flows $76 per month, a 6.7% cap rate and 1.8% cash-on-cash return.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Coldwell Banker Mayfield Realty, agent Barbara Wise, 541-548-1250
Data last updated September 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
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0.18 acres on the county assessor’s map, tax lot 151316AA00102 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
In Redmond, at the center of the Central Oregon High Desert.
Median close price $528,000 in Aug 2026, down 7.7% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Redmond city, monthly median close. Completed months only.
This home is listed at $259,000, 56.8% below the Redmond median list price. See full Redmond market →