Unique four-unit property with strong income potential. The main residence is a thoughtfully updated 2-bedroom + an office, 2-bath home with garage converted to gym, and carport, plus a large fully fenced backyard featuring an outdoor kitchen and mature landscaping—well suited for everyday living or entertaining. Three newly built detached cabins offer great rental income, each include 1 bedroom, 1 bath, ductless heating and cooling, private fenced yards, and excellent natural light. One unit is eligible for short-term rental, offering flexible income options alongside long-term rental or multigenerational use. Conveniently located near local amenities, this property offers a rare mix of livability and investment opportunity. The main home and cabins are fully leased with a combined monthly rent of $7,495.
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Listing courtesy of Cascade Hasson SIR, agent Johnny Champa
Data last updated July 16, 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.
This home is listed at $1,300,000 — 136.4% above the Redmond median. See full Redmond market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,040,000 · $260,000 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 $1,300,000 with 20% down, this property runs $6,146 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.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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