215 NW Canal Boulevard in Redmond is listed at $1,600,000. It has 7,978 square feet, sits on 0.9 acres, was built in 1972, and is in Sothmans. Status is Pending, with 139 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Canal Commons consists of 8 single family homes and 1 duplex all on one tax lot. Total of 10 units. Five manufactured homes and five stick built. 100% occupied. The property offers strong cash flows with a 7.54% cap rate on in place income. Please refer to attached offering memorandum in documents section for rent roll and expenses. Tenants are separately metered for gas and electric. Owner pays water, sewer, and trash with some tenant bill backs in place. Located in the heart of Redmond, the property offers convenient access to local amenities and transportation routes. Its central location makes it an attractive option for residents seeking proximity to downtown Redmond and other key areas. The property sits directly off NW Canal Blvd, a growing mixed-use spine that has seen increased interest from developers due to recent zoning updates and urban renewal efforts Financing available. Call broker for details.
A rough estimate, not a quote. Loan amount $1,280,000 · $320,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
0.89 acres on the county assessor's map, tax lot 151309DD03800 · County record. 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.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Redmond. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
Redmond
live MLS through Oregon Data Share, active single-family houses in Redmond, the same count and median list the Redmond market figures on this site publish (market_metric, place membership). This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 14, 2026
| Date | Event | Price |
|---|---|---|
| May 29, 2026 | Back on market | $1,450,000$150K down |
| May 29, 2026 | Price increase | $1,600,000$150K up |
| Apr 18, 2025 | Listed | $1,450,000 |
| Year | Tax |
|---|---|
| 2024 | $10,943 |
Tax as filed on the listing. Deschutes County. Parcel 122923. County assessor
Redmond · What to do about this house
The typical cut was 3.7% off the original ask, and the typical home went under contract in 26 days.
Redmond single family homes · every sale that closed in the 12 months to October 13, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=708 · complete_through=2026-10-13 · read 2026-10-15 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=317 · complete_through=2026-10-13 · read 2026-10-15 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=redmond (Redmond) · segment=detached · window_months=12 · definition_id=mt-v1 · n=690 · complete_through=2026-10-13 · read 2026-10-15 | public.listings, this listing · OnMarketDate 2026-05-29, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Compass Commercial Real Estate
Data last updated October 15, 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.
