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The most affordable 4-bd in vibrant Downtown Redmond! Given new life with fresh interior paint and updated countertops, setting the perfect stage for your vision. Nestled on a generous .23-acre lot with R5 zoning, the possibilities here are next level—renovate the existing home, add an ADU or guesthouse, or even explore duplex potential (buyer to verify). Inside, you'll find charming original wood floors in the living room and two bedrooms, fresh carpet in the third, and an updated kitchen with an extra half bath for added convenience. Major upgrades in '19 include a new roof, windows, exterior paint, and improved insulation, offering peace of mind for years to come. Step outside to a spacious, fully enclosed yard with cedar fencing—perfect for gardens, gatherings, or your next big idea. All this, just minutes from downtown Redmond's restaurants, parks, and shopping, plus quick parkway access. A rare opportunity to invest, create, and make it your own! All offers needed by 4/13 @5pm.
A rough estimate, not a quote. Loan amount $311,200 · $77,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.23 acres on the county assessor's map. Tax lot 151309DD04000, 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.
296 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 62 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 |
|---|---|---|
| May 29, 2025 | Price increase | $403,000$14K up |
| May 2, 2025 | Listed | $389,000 |
$317 per sq ft
26 days on market. Redmond median to pending is 27 days.
Tax $2,394 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 $389,000 with 20% down, this property runs $588 per month negative. Adjust the price, down payment, or rent to find what works.
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 Varsity Real Estate, agent Kristan Kellogg Folden, 541-215-4442
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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0.23 acres on the county assessor’s map, tax lot 151309DD04000 · 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 $389,000, 35.2% below the Redmond median list price. See full Redmond market →