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Redmond, OR 97756

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For Sale
Sale Pending

$275,000

0.46 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

  • 0.5 acres
    Lot size

Explore this Property

Prime .46 acre commercial/residential development property in a great SW Redmond location for multi-family with easy access to all amenities including Hwy 97 just blocks away. The neighboring .46 acre property to the South with a nice single level stick-built home is also available for $475k. The home can be used for either residential or commercial uses. Both properties together offer .92 acres of prime development property allowing for potentially 16 multi-family units or 23 townhomes. Both available properties have City utilities in the street, they're both level, both should offer easy digging, and they're both ready for development. If both properties are purchased together a good potential option would be doing a lot line adjustment making the homes residential lot as small as possible to maximize the development footprint of the development lot for minimal cost and potentially avoid road improvements. Buyer to verify any commercial uses & perform all due diligence.
MLS# 220195984

Listed By CENTURY 21 North Homes Realty

Property Features

  • Fencing
    Wood Fence
  • Lot Description
    Level
  • Lot Size
    0.46 Acres
  • Sewer
    Public
  • Style
    Other Style
  • Water
    City Water

Area Map

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Jodi Clark of Team Clark

of CENTURY 21 North Homes Realty

(541) 771-8731
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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