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Welcome home to this beautifully updated property situated on a rare, large corner lot in a highly desirable, accessable Redmond location. This turnkey home features two comfortable bedrooms with cozy cadet heaters, one and a half updated bathrooms, and two distinct living rooms, including one anchored by a warm wood-burning fireplace and a ductless heating and cooling unit. A spacious laundry room comes complete with the washer and dryer included. Beyond the pristine interior, the expansive lot features flexible R5 zoning, providing incredible long-term potential for expansion, investment, or development. Enjoy the perfect blend of modern living and a vibrant, pedestrian-friendly lifestyle with local shops, dining, and parks just steps from your front door.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $380,000 · $95,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $1,667 ($1,500–$1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
At $475,000 with 20% down, this property runs $1,580 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 Nexus 360 Realty, agent Michael Richardson, 541-610-5063
Data last updated August 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.
