Prime R-5 zoned vacant lot in the heart of SW Redmond. This .24-acre parcel offers an outstanding opportunity for builders, investors, or buyers looking to create a residential income or multifamily project in an established neighborhood. Surrounded by a mix of duplexes and apartment properties, the lot features high-density residential zoning, public utilities available at the street, and convenient alley access along the east property line for added design flexibility. Centrally located near schools, shopping, medical, downtown Redmond, parks, and Dry Canyon trails, this is a rare chance to secure a development-ready infill parcel in a growing area. Buyer to verify all uses with the City of Redmond.
Pending
$224,000
1222 SW 16th St, Redmond, OR 97756
--beds
0baths
10,454Square Feet
Residential Lots, Land
Built in ----
10,454 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Development-ready infill parcelHigh-density residential zoningEstablished neighborhood
- 56 days |
- 132 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Works Real Estate 503-714-7053
Source: Oregon Datashare,MLS#: 220220229
Facts & features
Interior
Property
Features
- Fencing: Other,Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,454 Square Feet
- Features: Level
Details
- Parcel number: 150669
- Zoning description: R5
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Banta Acres
HOA
- Has HOA: No
Location
- Region: Redmond
Financial & listing details
- Tax assessed value: $125,000
- Annual tax amount: $733
- Date on market: 4/28/2026
- Cumulative days on market: 56 days
- Listing terms: Cash,Contract,FHA,Trust Deed,USDA Loan,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,393/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Pending sale | $224,000 |
Source: | ||
| 4/28/2026 | Listed for sale | $224,000+1.8% |
Source: | ||
| 2/6/2025 | Sold | $220,000+7.3% |
Source: Public Record Report a problem | ||
| 10/19/2023 | Sold | $205,000-4.6% |
Source: | ||
| 9/24/2023 | Pending sale | $214,900 |
Source: | ||
| 8/12/2023 | Price change | $214,900-4.4% |
Source: | ||
| 3/17/2023 | Listed for sale | $224,900+124.9% |
Source: | ||
| 11/4/2020 | Sold | $100,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $733 +4.2% | $35,950 +3% |
| 2024 | $703 +4.5% | $34,910 +6% |
| 2023 | $673 +6.7% | $32,920 |
| 2022 | $631 +6.6% | $32,920 +6.1% |
| 2021 | $592 | $31,040 |
| 2020 | -- | $31,040 +6% |
| 2019 | $540 | $29,270 |
| 2018 | $540 +2.5% | $29,270 +3% |
| 2017 | $527 +3.8% | $28,420 +3% |
| 2016 | $508 | $27,600 +3% |
| 2015 | $508 +5.9% | $26,800 +3% |
| 2014 | $479 | $26,020 +30.1% |
| 2013 | -- | $20,000 +53.8% |
| 2012 | -- | $13,000 -27.8% |
| 2011 | -- | $18,000 -28.8% |
| 2010 | -- | $25,270 +3% |
| 2009 | -- | $24,540 +3% |
| 2008 | -- | $23,830 +3% |
| 2007 | -- | $23,140 +3% |
| 2006 | -- | $22,470 +3% |
| 2005 | -- | $21,820 +6.1% |
| 2003 | -- | $20,574 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97756
Nearby schools
GreatSchools rating
- 5/10M A Lynch Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Obsidian Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Ridgeview High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: M A Lynch Elem
- Middle: Obsidian Middle
- High: Ridgeview High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Deschutes County
- Redmond
- 97756
- 1222 SW 16th St







