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OPEN HOUSE SAT. 12-2! Situated on nearly 3/4 of an acre in the heart of Redmond, this single-level home offers space, functionality, & flexibility. With approximately $50K in exterior improvements, the thoughtfully updated front yard features low-maintenance xeriscape landscaping, new driveway, parking pad, & new fencing with a gate providing convenient access to the detached 720 sq. ft. shop. An attached 3-car garage provides even more space for storage, or hobbies. The expansive backyard is a blank canvas for a garden, outdoor living, or future projects. Built in 1976, the home also features brand-new exterior paint & new front-facing windows. Inside, enjoy an open-concept living, dining, and kitchen area anchored by a cozy pellet stove with a wood hearth, along with 3 bedrooms, 2 bathrooms, & a dedicated laundry room. Move right in and make the space your own while enjoying a convenient location near schools, parks, shopping, and all that Central Oregon has to offer.
A rough estimate, not a quote. Your lender gives you the real number.
Loan amount $420,000 · $105,000 down · 30 year term
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 $524,900 with 20% down, this property runs $1,391 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 Keller Williams Realty Professionals, agent Lisa O'Bannon, 503-546-9955
Data last updated August 7, 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.