714 SW Cascade Avenue, Redmond, OR 97756

$649,000
Property Type: Residential Bedrooms: 5 Baths: 2 Square Footage: 2,231 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $649,000 List Date: 10/07/2026 Last Modified: 10/07/2026

Overview

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.

Listing Details MLS# 220220060

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
2
Bathrooms Full
2
Garage YN
Yes
Garage Spaces
Yes
Total Living Area SqFt
2231
Main House SqFt
2231
SqFt Source
Assessor
Year Built
1910
Accessory Dwelling Unit YN
No
Rented YN
Yes
Current Rent
4000
Lease End Date
2026-10-30
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
M A Lynch Elem
Middle Or Junior School
Elton Gregory Middle
High School
Redmond High
Zoning
C2
Tax Annual Amount
3490.5
Tax Year
2025
Potential Tax Liability YN
No
Assessment YN
No
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
Preferred Escrow Company & Officer
Cassie- Deschutes County Title
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer; Water Heater Architectural Style: Craftsman Basement: Finished; Full Common Walls: No Common Walls Construction Materials: Frame Cooling: None Fireplace Features: Electric; Living Room Flooring: Tile; Vinyl Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Built-in Features; Double Vanity; Shower/Tub Combo; Solid Surface Counters; Tile Shower; Walk-In Closet(s) Levels: Two Roof: Composition Rooms: Bonus Room; Dining Room; Kitchen; Office Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Vinyl Frames Flood: Unknown Lot Features: Fenced; Landscaped; Level; Sprinklers In Front; Sprinklers In Rear Other Structures: Shed(s) Parking Features: Alley Access; Detached; Gravel; On Street Patio and Porch Features: Porch Road Frontage Type: Shared Access Road Surface Type: Paved Structure Type: Mixed Use View: Neighborhood Utilities: Electricity Connected; Natural Gas Connected Community Features: Short Term Rentals Allowed Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional; FHA; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number
714
Street Dir Prefix
SW
Street Name
Cascade
Street Suffix
Avenue
County
Deschutes
State
OR
Postal Code
97756
Subdivision Name
Townsite Of Redmond

Contract Information

Original List Price
675000
List Price per SqFt
290.9
Listing Contract Date
2026-04-16

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Back on Market Date
2026-07-14
Status Change Timestamp
2026-10-07

More Information

Listing Office: Premiere Property Group, LLC
Last Updated: October - 07 - 2026
Information deemed reliable but not guaranteed.