
Unique, Investment opportunity on the Dry Canyon area of Redmond with mountain views! Corner lot, 2618 sqft home with 4 bedrooms, large basement with a lot of potential to do a complete remodel. This home will require CASH OR REHAB LOAN purchase and is being sold As-Is. May be potential to add ADU and/or have a multiplex on this property with conditional uses approval. Buyer to do ALL do diligence on ability to develop property as well as verify all property lines. This is a family trust situation where as no trespassing signs are currently on property while it is being cleaned up.
Listing courtesy of Stellar Realty Northwest, agent Angie Arnett
Data last updated June 27, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $336,000 · $84,000 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 $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $420,000 with 20% down, this property runs $472 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.
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