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Live, work, and invest in one of Redmond's emerging growth corridors. Rare MULW zoning offers exceptional flexibility with multiple permitted uses, creating opportunities seldom found at this price point. The single-level home features a welcoming great room with wooden flooring and a gas stove, a spacious kitchen with tile floors and gas appliances, plus a full utility room leading to the large backyard and detached stick-built garage. A durable steel roof and natural gas service provide lasting value. Bring your vision and unlock the property's full potential. Ideal for entrepreneurs, contractors, investors, or anyone seeking a live/work lifestyle with room for equipment, work vehicles, or trailers. Opportunities combining location, flexible zoning, and long-term upside are becoming increasingly rare. Drive by, then call today!
A rough estimate, not a quote. Loan amount $180,000 · $45,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.12 acres on the county assessor's map. Tax lot 151315BB00500, 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.
298 listings of every type for sale, 117 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 |
|---|---|---|
| Aug 12, 2026 | Sold | $225,000 |
| Jul 29, 2026 | Pending | $225,000 |
| Jul 20, 2026 | Listed | $225,000 |
$284 per sq ft
22 days on market. Redmond median to pending is 27 days.
Tax $1,320 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 $1,667 ($1,500 to $1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
Cash flow
-$141/mo
Cap rate
5.6%
Cash on cash
-3.7%
Cash needed
$45,000
At $225,000 with 20% down, this property runs $141 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $231,750 | $53,578 | -$1,687 |
| 2 | $238,703 | $62,492 | -$1,434 |
| 3 | $245,864 | $71,755 | -$1,175 |
| 5 | $260,837 | $91,400 | -$642 |
| 10 | $302,381 | $147,919 | $787 |
| 20 | $406,375 | $303,235 | $4,106 |
| 30 | $546,134 | $546,134 | $8,153 |
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 Pellego, LLC, agent Carey Greiner, 503-475-0599
Data last updated September 3, 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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0.12 acres on the county assessor’s map, tax lot 151315BB00500 · 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 $225,000, 62.4% below the Redmond median list price. See full Redmond market →