1441 NW 4th Street Redmond, OR ^$ 6,300,000

1441 NW 4th Street

^$ 6,300,000

Back to search

Recently Listed

1441 NW 4th Street

Redmond, OR, 97756

^$ 6,300,000

Studio Baths0.0 Sq 18,862

Monthly Estimate*

^$ 38,790

1441 NW 4th Street, Redmond, OR 97756 - Image 1

1441 NW 4th Street, Redmond, OR 97756 - Image 2

1441 NW 4th Street, Redmond, OR 97756 - Image 3

1441 NW 4th Street, Redmond, OR 97756 - Image 4

1441 NW 4th Street, Redmond, OR 97756 - Image 5

1441 NW 4th Street, Redmond, OR 97756 - Image 6

1441 NW 4th Street, Redmond, OR 97756 - Image 7

1441 NW 4th Street, Redmond, OR 97756 - Image 8

1441 NW 4th Street, Redmond, OR 97756 - Image 9

1441 NW 4th Street, Redmond, OR 97756 - Image 10

1441 NW 4th Street, Redmond, OR 97756 - Image 11

1441 NW 4th Street, Redmond, OR 97756 - Image 12

1441 NW 4th Street, Redmond, OR 97756 - Image 13

1441 NW 4th Street, Redmond, OR 97756 - Image 14

1441 NW 4th Street, Redmond, OR 97756 - Image 15

1441 NW 4th Street, Redmond, OR 97756 - Image 16

1441 NW 4th Street, Redmond, OR 97756 - Image 17

1441 NW 4th Street, Redmond, OR 97756 - Image 18

1441 NW 4th Street, Redmond, OR 97756 - Image 19

1441 NW 4th Street, Redmond, OR 97756 - Image 20

1441 NW 4th Street, Redmond, OR 97756 - Image 21

1441 NW 4th Street, Redmond, OR 97756 - Image 22

1441 NW 4th Street, Redmond, OR 97756 - Image 23

1441 NW 4th Street, Redmond, OR 97756 - Image 24

1441 NW 4th Street, Redmond, OR 97756 - Image 25

1441 NW 4th Street, Redmond, OR 97756 - Image 26

1441 NW 4th Street, Redmond, OR 97756 - Image 27

1441 NW 4th Street, Redmond, OR 97756 - Image 28

1441 NW 4th Street, Redmond, OR 97756 - Image 29

1441 NW 4th Street, Redmond, OR 97756 - Image 30

1441 NW 4th Street, Redmond, OR 97756 - Image 31

1441 NW 4th Street, Redmond, OR 97756 - Image 32

1441 NW 4th Street, Redmond, OR 97756 - Image 33

1441 NW 4th Street, Redmond, OR 97756 - Image 34

1441 NW 4th Street, Redmond, OR 97756 - Image 35

1441 NW 4th Street, Redmond, OR 97756 - Image 36

1441 NW 4th Street, Redmond, OR 97756 - Image 37

1441 NW 4th Street, Redmond, OR 97756 - Image 38

1441 NW 4th Street, Redmond, OR 97756 - Image 39

1441 NW 4th Street, Redmond, OR 97756 - Image 40

1441 NW 4th Street, Redmond, OR 97756 - Image 41

1441 NW 4th Street, Redmond, OR 97756 - Image 42

Studio

Multi-Family Home for sale in Redmond, OR

for $6,300,000. This 18,862 square foot home was built in 2023 on a lot size of 0.69.

Red Cedar Apartments — offered at a 5% cap rate — is a newly built, 20-door multifamily asset in North Redmond designed for low-maintenance, ''set-it-and-forget-it'' ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the buildings each include 3 apartments + 3 studios, for a total of 20 rentable units. Townhome-style residences are paired with ground-level studios, appealing to multiple renter profiles. Fully leased and professionally managed, the property delivers consistent cash flow with tenants paying all utilities, lowering owner expenses. A modern, clean, new-construction investment offering durable income and flexibility.

Multi-Family Active

Price

^$ 6,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 53,547

Style

Contemporary

Lot Size

0.69

Year Built

2023

Town/City

Redmond

County/Region

Deschutes

MLS | Web ID

220213493

Features

Interior

Interior Amenities Ceiling Fan(s) Fiberglass Stall Shower Kitchen Island Open Floorplan Shower/Tub Combo Solid Surface Counters Vaulted Ceiling(s)

Flooring Vinyl

Common Walls 1 Common Wall 2+ Common Walls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Double Pane Windows

Total Baths 0

Heating-Heat Pump True

Heating-Ductless True

General

Sewer Public Sewer

Heating Ductless Heat Pump

Cooling Ductless Heat Pump

Roof Composition

Appliances Dishwasher Dryer Microwave Oven Range Refrigerator Washer Water Heater

Architectural Style Contemporary

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Construction Materials Frame

Year Built 2023

Levels Three Or More Multi/Split

Property Subtype Multi Family

Tax Year 2025

Gross Income 450600.0

Additional Parcels Description 122318 285978 285979

County Deschutes

Net Operating Income 318798.0

Operating Expense 131802.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage Y

Subdivision Name N/A

Status Active

High School Redmond High

City Redmond

Zoning Description C1

Number Of Units Total 20

Lot Size Units Acres

Lot Size Square Feet 30056.4

Carport Y/N N

Elementary School John Tuck Elem

Land Lease Y/N N

Tax Annual Amount 53547.0

Home Warranty Y/N N

Middle/Junior High School Elton Gregory Middle

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Builder Name Timbergon Inc

Standard Status Active

Tax Lot 1001 1003 601 600

Cap Rate 5.0

Senior Community None

Exterior

Parking Features Asphalt Attached Garage Door Opener Shared Driveway Parking Lot

Lot Features Xeriscape Landscape

Water Source Public

Lot Size Area 0.69

Foundation Details Stemwall

Spa N

Building Area Total 18862.0

Lot Size Acres 0.69

Internal Only

Street Number 1 1441

* Excluded Features

List By

Johnny Taylor Champa

Listing Agent

Cascade Hasson Sir

Broker

Affordability Calculator

$43,252

Per Month

Monthly Principal & Interest: $38,790
Monthly Property Taxes: $4,462
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Redmond, OR

Average List Price ^$1,354,509

Percent of Sale Price 78%

About Redmond, OR

31,362 Population

91% Since 2002

^$46,144 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2915638 Elementary School

2915571 Middle School

Redmond High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/8/2026	$6,300,000		Listed Price

Map

More homes like this one

homes for you

See all

1441 NW 4th Street, Redmond, OR, 97756 is a Multi-Family Home for sale at $6,300,000 with 18,862 sqft and a lot size of 0.69. 1441 NW 4th Street is a studio with 0.0 baths and was built in 2023. The property's zip code is 97756 which is in Redmond, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Weichert Realtors.

Data is updated as of 1/11/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1441 NW 4th Street

Multi-Family Home for sale in Redmond, OR

Affordability Calculator

Map

More homes like this one

Get more info about this home