Listed by: Adam Bledsoe · Compass Commercial Real Estate
- — beds
- 0 baths
- — sqft
1116 SW Obsidian Avenue, Redmond, OR 97756
- Single familyHome type
- Built in 1915Year built
- 0.34 acresLot
- NoneHOA
About this home
Multifamily development site totaling approximately 1.00 AC across two tax lots at 1116 -1138 SW Obsidian Ave in Redmond, Oregon. The property is zoned High Density Residential -R5, which allows apartments and townhomes outright and permits 8+ residential units. Existing improvements include a 3,000 SF retail building and a 1,600 SF storage shed. The site provides frontage along SW Canal, approximately 20 onsite parking spaces, and a location less than one mile from Downtown Redmond.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- Two
Heating & cooling
- Forced Air
- Natural Gas
- Central Air
Flooring
- Simulated Wood
Property
- Lot size
- 0.34 acres
- Subdivision
- N/A
Exterior features
- Courtyard
Parking
- Asphalt
- Driveway
- Shared Driveway
- Parking Lot
Construction
- Home type
- Single family
- Property type
- Commercial Sale
- Year built
- 1915
Materials
- Asphalt roof
- Composition roof
Utilities
Sewer & water
- Public Sewer
- Backflow Domestic water
- Public water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Deschutes
Financial & listing details
- List price
- $799,000
- Annual property tax
- $5,282
- Date on market
- Oct 13, 2026
- Days on market
- 0
- MLS#
- 220229948
Price & status history
| Date | Event | Price |
|---|---|---|
| Oct 13, 2026 | Listed for sale | $799,000 |
Neighborhood
- SubdivisionN/A
- CityRedmond, OR 97756
- CountyDeschutes
Payment calculator
Estimated monthly payment
$4,646/mo
- Principal & interest$4,040
- Property taxes$440
- Homeowners insurance$166
- HOA dues$0
Loan amount $639,200 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by Compass Commercial Real Estate · Listing agent: Adam Bledsoe
- Source
- MLS of Central Oregon
- MLS#
- 220229948
- Last updated
- Oct 13, 2026 at 11:59 AM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.