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nvestment opportunity in growing Terrebonne! This 1,152 sq. ft. manufactured home sits on a spacious 0.25-acre lot and offers excellent potential for investors, landlords, or buyers looking to build equity. Built in 1978, the home features a functional layout and plenty of opportunity for updates and improvements. A major advantage is the property's inclusion in the first phase of Terrebonne's new city septic system installation, adding long-term value and future appeal. Conveniently located near Redmond, Smith Rock, and Central Oregon recreation, this property offers an affordable entry point into a growing market with strong upside potential.
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A rough estimate, not a quote. Loan amount $200,000 · $50,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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Education
| Date | Event | Price |
|---|---|---|
| Aug 30, 2026 | Listed | $289,000$39K up |
| Aug 7, 2026 | Price change | $250,000$25K down |
| Jul 10, 2026 | Price change | $275,000 |
$217 per sq ft
0 days on market. Terrebonne median to pending is 47 days.
Tax $1,437 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.
This home sits in Hillman. 1 recorded document govern it.
Documents marked with a book, page or instrument number are copies of instruments recorded in Deschutes County, Oregon. Nothing in those records marks a declaration as current or superseded. Later amendments may exist that are not shown here. Confirm the governing chain through title before relying on it. See Hillman.
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Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers 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 $250,000 with 20% down, this property runs $283 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 Trout Realty Inc, agent Jason Trout, 541-548-8158
Data last updated September 2, 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.
Oct 2023 to Jul 2026 (6 months) · Market Truth leftover, Terrebonne city, monthly median close. Completed months only.
This home is listed at $250,000, 69.7% below the Terrebonne median list price. See full Terrebonne market →
