1431 NW 4th Street Redmond, OR $ 7,130,000
1431 NW 4th Street
$ 7,130,000
New Construction
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1431 NW 4th Street

Redmond, OR, 97756
$ 7,130,000
Bedrooms20 Baths20.0 Sq 18,862

Monthly Estimate*

$ 49,805

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Multi-Family Home for sale in Redmond, OR

for $7,130,000 with 20 bedrooms and 20 full baths. This 18,862 square foot home was built in 2023 on a lot size of 0.69.

Here it is..But with a new futuristic, versatile twist! The Urban interior style merges with contemporary design. Bringing a fresh industrial design and change to the Real Estate Investment Business. Welcome to Red Cedar Apartments. Each unit is uniquely designed with a studio on the garage floor that is fully self-contained, separate living space furnished with washer/dryer, and kitchenette. There is a total of 20 units with 12 currently leased at top rents! The Duplexes w/ 8 doors will be complete by Dec. 2023. 2 units already have deposits down and applications are still coming in, good chance these units will be leased before completion! Each building is individually platted and separately metered so buildings CAN BE BOUGHT SEPERATLY. Extremely low maintenance throughout the entire property, with a location that caters to almost any desire. Just minutes away from Restaurants, Schools, Stores, Coffee Shops, Dry Canyon Trails, & only seconds away from Hospital & Hwy 97 access.

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Multi-Family Active

Price

$ 7,130,000

Bedrooms

20

Full Bath

20

Property Type

Multi-Family

Taxes

$ 8,212

Style

Contemporary,Prairie

Lot Size

0.69

Year Built

2023

Town/City

Redmond

County/Region

Deschutes

MLS | Web ID

220170855

Features
Interior
Interior Features Breakfast Bar Ceiling Fan(s) Double Vanity Enclosed Toilet(s) Fiberglass Stall Shower In-Law Floorplan Kitchen Island Linen Closet Open Floorplan Pantry Primary Downstairs Shower/Tub Combo Solid Surf
Basement None
Flooring Carpet Other Vinyl
Common Walls 1 Common Wall 2+ Common Walls
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General
Sewer Public Sewer
Heating Ductless Electric
Cooling Ductless Heat Pump
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Range Refrigerator Washer Water Heater
Zoning C1
Additional Features Separate Electric Meters Separate Water Meters
Architctural Style Contemporary Prairie
View Cascade Mountains City Mountain(s)
Levels Three Or More
Property Type C
Subdivision Name Rennolds Acres
Section NW
Construction Materials Frame
Sub Type Multi Family
New Construction Y/N Yes
Association? No
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Exterior
Lot Features Landscaped Level
Water Source Public
Parking Features Asphalt Assigned Attached Concrete Garage Door Opener On Street Storage
Foundation Stemwall
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* Excluded Features
List By
Kristin Prosser

Listing Agent

Windermere Central Oregon Real Estate Redmond

Broker

kristinre@kristinprosser.com

Email

Affordability Calculator

$50,490
Per Month
99%
1%
0%
Monthly Principal & Interest
$49,805
Monthly Property Taxes
$684
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2915507 Elementary School
2915625 Middle School
Check with District High School High School
Pricing History
DatePricePrice ChangeDescription
9/7/2023$7,130,000 Listed Price

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1431 NW 4th Street, Redmond, OR, 97756 is a Multi-Family Home for sale at $7,130,000 with 18,862 sqft and a lot size of 0.69. 1431 NW 4th Street has 20 bedrooms, 20.0 baths, and was built in 2023. The property's zip code is 97756 which is in Redmond, OR