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$495 per sq ft
2 days on market. Redmond median to pending is 26 days.
Tax $2,385 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
Looking for a unique property with potential for multigenerational living, guest accommodations or rental income? This property has a successful rental history & offers excellent flexibility. Built in 1950, the 979 sq. ft. main home features 2 bedrooms, 1 bathroom and numerous recent updates, including brand-new LVP flooring and carpet, Fresh Interior Paint, new countertop and new sink. A new roof was installed in 2025. Mini split furnace provides heating and cooling for the main home. Laundry room and mudroom finish the inside. Outside, you'll find a spacious yard space ready for finishing and an oversized detached 2-car garage. A separate 320 sq. ft. studio apartment is located above its own single-car garage, with a laundry area in the garage below. Conveniently located and easy access near shopping, schools & Highway 97, this versatile property offers many possibilities! Come see this great property today!
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Loan amount $388,000 · $97,000 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 $485,000 with 20% down, this property runs $1,098 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 Coldwell Banker Bain, agent Barbara Jackson, 541-382-4123
Data last updated August 25, 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.
Aug 2024 to Jul 2026 (24 months) · Market Truth leftover, Redmond city, monthly median close. Completed months only.
This home is listed at $485,000, 17.8% below the Redmond median. See full Redmond market →