714 SW Cascade Avenue, Redmond, OR 97756

  • Active

 $649,000

  • 5 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Single Family
  • Active
  • MLS# 220220060
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

Prime Investment Opportunity in Walkable Downtown Redmond This charming, fully renovated 1910 historic home offers two fully separate, self-contained living units with strong income-producing potential. Or it can live as a 6 bedroom, 2 bath house. Recent electrical updating, Hvac refresh & new roof before close. Located in the heart of vibrant downtown Redmond -- steps from restaurants, coffee shops, breweries, and food trucks -- the property benefits from high foot traffic, tourist appeal, and a thriving local scene. Ideal for Airbnb / short-term rental investors, multi-generational living, or a mix of short- and long-term rentals. Current tenants provide immediate income, with leases expiring October and November. Flexible C2 zoning and 3 tax lots offer additional upside for commercial/residential mixed-use strategies.

Property Details

General

  • Subdivision: Townsite Of Redmond
  • County: Deschutes
  • Style: Craftsman
  • Acreage: 0.22
  • Beds: 5
  • Full Bathrooms: 2
  • Year Built: 1910
  • Sq. Ft.: 1,480
  • Lot Size: 0.2200
  • Lot Description: Fenced, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Garage/Parking Spaces: 1.00

Interior Features

  • Interior Features: Built-in Features, Double Vanity, Shower/Tub Combo, Solid Surface Counters, Tile Shower, Walk-In Closet(s)

Schools

  • Elementary: M A Lynch Elem
  • Middle: Elton Gregory Middle
  • High: Redmond High

Financial Considerations

  • Tax Amount: $3,491
  • Tax Year: 2025

Activity

  • Days On Market: 192
  • List Date: 04/16/2026
 

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