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.
Pending
Price cut: $26K (4/27)
$649,000
714 SW Cascade Ave, Redmond, OR 97756
5beds
2baths
2,231sqft
Single Family Residence
Built in 1910
9,583 Square Feet Lot
$632,600 Zestimate®
$291/sqft
$-- HOA
What's special
- 71 days |
- 738 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Premiere Property Group, LLC 541-241-6860
Source: Oregon Datashare,MLS#: 220220060
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
Features
- Built-in Features, Double Vanity, Shower/Tub Combo, Solid Surface Counters, Tile Shower, Walk-In Closet(s)
- Flooring: Tile, Vinyl
- Windows: Vinyl Frames
- Basement: Finished,Full
- Has fireplace: Yes
- Fireplace features: Electric, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,231
- Total interior livable area: 2,231 sqft
Property
Parking
- Total spaces: 1
- Parking features: Alley Access, Detached, Gravel, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,583 Square Feet
- Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: Shed(s)
- Parcel number: 123400
- Zoning description: C2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Short Term Rentals Allowed
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Townsite Of Redmond
HOA
- Has HOA: No
Location
- Region: Redmond
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $497,870
- Annual tax amount: $3,490
- Date on market: 4/25/2026
- Cumulative days on market: 71 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: shed
- Road surface type: Paved
Estimated market value
$632,600
$601,000 - $664,000
$2,388/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $649,000$291/sqft |
Source:  Oregon Datashare #220220060 Report a problem | ||
| 4/27/2026 | Price change | $649,000-3.9%$291/sqft |
Source: Oregon Datashare #220220060 Report a problem | ||
| 4/25/2026 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/25/2026 | Listed for sale | $675,000+28.6%$303/sqft |
Source: Oregon Datashare #220220060 Report a problem | ||
| 4/8/2026 | Listed for rent | $2,400+23.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2024 | Listing removed | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2024 | Listed for rent | $1,950-18.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2024 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/26/2024 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/18/2022 | Sold | $525,000$235/sqft |
Source: Oregon Datashare #220138726 Report a problem | ||
| 2/4/2022 | Pending sale | $525,000$235/sqft |
Source: Oregon Datashare #220138726 Report a problem | ||
| 2/4/2022 | Listed for sale | $525,000$235/sqft |
Source: Oregon Datashare #220138726 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,491 +4.2% | $171,190 +3% |
| 2024 | $3,349 +4.6% | $166,210 +6.1% |
| 2023 | $3,203 +6.7% | $156,670 |
| 2022 | $3,001 +6.6% | $156,670 +6.1% |
| 2021 | $2,815 | $147,680 |
| 2020 | -- | $147,680 +6.1% |
| 2019 | $2,570 | $139,210 |
| 2018 | $2,570 +2.5% | $139,210 +3% |
| 2017 | $2,507 +6.9% | $135,160 +3% |
| 2016 | $2,344 | $131,225 +15.3% |
| 2015 | $2,344 +23.5% | $113,765 +7.6% |
| 2014 | $1,898 | $105,685 +1.8% |
| 2013 | -- | $103,865 -10.2% |
| 2012 | -- | $115,715 -3.8% |
| 2011 | -- | $120,335 -6.1% |
| 2010 | -- | $128,150 +3% |
| 2009 | -- | $124,420 +22.7% |
| 2008 | -- | $101,410 +3% |
| 2007 | -- | $98,460 +3% |
| 2006 | -- | $95,600 +3% |
| 2005 | -- | $92,820 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 0.7 mi
- 4/10Elton Gregory Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Redmond High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: M A Lynch Elem
- Middle: Elton Gregory Middle
- High: Redmond 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
- 714 SW Cascade Ave
Nearby cities
Nearby zip codes
Other Redmond Topics
