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.
Active
$649,000
714 SW Cascade Ave, Redmond, OR 97756
5beds
2baths
2,231sqft
:
Get pre-qualified$4,394/mo
Single Family Residence
Built in 1910
9,583 Square Feet Lot
$635,100 Zestimate®
$291/sqft
$-- HOA
What's special
- 98 days |
- 549 |
- 30 |
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: 7/14/2026
- Cumulative days on market: 98 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: shed
- Road surface type: Paved
Estimated market value
Zestimate®
$635,100
Estimated sales range
$603,000 - $667,000
Rent Zestimate®
$2,556/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $649,000$291/sqft |
Source: | ||
| 6/23/2026 | Pending sale | $649,000$291/sqft |
Source: | ||
| 4/27/2026 | Price change | $649,000-3.9%$291/sqft |
Source: | ||
| 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: | ||
| 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: | ||
| 2/4/2022 | Pending sale | $525,000$235/sqft |
Source: | ||
| 2/4/2022 | Listed for sale | $525,000$235/sqft |
Source: | ||
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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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