
This well-maintained fourplex offers an outstanding investment opportunity in a desirable NW Redmond location. Each spacious 2-bedroom, 1-bath unit features approximately 930 square feet, a private patio or balcony, and dedicated parking. Situated on a generous 0.28-acre lot, the property offers excellent curb appeal, a large common backyard, and potential for future value-add improvements, subject to buyer verification. Conveniently located near schools, parks, shopping, and downtown Redmond, this is an attractive asset for both seasoned and first-time multifamily investors.

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Listing courtesy of Deschutes Property Management, agent Tiffany Lahey, 541-385-1515
Data last updated July 24, 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 $616,000 · $154,000 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 $769,900 with 20% down, this property runs $3,520 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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