
Incredible opportunity in the heart of Redmond! This 3-bed, 2-bath home sits on a spacious lot and offers tons of potential for buyers looking to build equity. Bring your vision—this property has good bones and charm waiting to be uncovered. Conveniently located near Redmond's historic downtown district with shops, restaurants, and schools. Zoned commercial. So many possibilities. Don't miss this chance to create something special! Priced to go quick!
Listing courtesy of Coldwell Banker Mayfield Realty, agent Barbara Wise
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 $207,000 · $52,000 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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $259,000 with 20% down, this property cash-flows $76 per month, a 6.7% cap rate and 1.8% cash-on-cash return.
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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