714 SW Cascade Avenue, Redmond, OR 97756 | MLS #220220060 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Premiere Property Group, LLCMLS# 220220060MLS Provider
  • 66 days on site
  • 2 views

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. 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.

Source: Oregon Datashare, MLS#: 220220060

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  • Property Type
    Residential
  • Lot
    0.22 acres

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  • Median Age
    39
  • Population Density
    348
  • College Educated
    35%
  • Estimated Median Income
    $66,120
  • Estimated Total Home Owners
    10,234
  • Estimated Total Renters
    5,018
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    3
  • Total Population
    39,342
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/22/2026Source: Oregon Datashare Status Change
Pending
4/27/2026Source: Oregon Datashare Price Reduction
$649,000 -3.9%
4/24/2026Source: Oregon Datashare Added to Database
April 24, 2026