$417,000
248 3rd
Redmond, OR 97756 · Sothmans
Active55 days on market$419/sqft
Facts
Property details
Overview
Listing courtesy of John L Scott Bend, agent Lisa Courtney
Data last updated June 22, 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.
Storybook charm meets everyday comfort in this 2-bedroom, 1.5-bath cottage that lives larger than expected. Set on a desirable corner lot on the NW side of Redmond, this property offers added space and flexibility with R5 zoning this presents a strong potential for a range of future uses. A classic white picket fence sets the tone, while the inviting covered front porch creates the perfect place to relax and unwind. The detached garage adds functionality and versatility, complementing the home's thoughtful layout. A unique opportunity blending character, location, and investment potential.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $334,000 · $83,000 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 $417,000 with 25% down, this property runs $1,226 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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