Live, work, and invest in one of Redmond's emerging growth corridors. Rare MULW zoning offers exceptional flexibility with multiple permitted uses, creating opportunities seldom found at this price point. The single-level home features a welcoming great room with wooden flooring and a gas stove, a spacious kitchen with tile floors and gas appliances, plus a full utility room leading to the large backyard and detached stick-built garage. A durable steel roof and natural gas service provide lasting value. Bring your vision and unlock the property's full potential. Ideal for entrepreneurs, contractors, investors, or anyone seeking a live/work lifestyle with room for equipment, work vehicles, or trailers. Opportunities combining location, flexible zoning, and long-term upside are becoming increasingly rare. Drive by, then call today!
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Listing courtesy of Pellego, LLC, agent Carey Greiner, 503-475-0599
Data last updated July 23, 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 $180,000 · $45,000 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 $225,000 with 20% down, this property runs $141 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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