2531 NW CEDAR Ave Redmond, OR 97756
New
- Added:
- Apr 8, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 8 at 1:06 pm
Property Features for 2531 NW CEDAR Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 10
- Bathrooms
- 12
- Rooms
- Bedroom 8, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 9, Bathroom 8, Bedroom 3, Bedroom 1, Bedroom 7, Bathroom 10, Bedroom 10, Bathroom 9, Bathroom 12, Bathroom 7, Bathroom 1, Bedroom 4, Bathroom 6, Bathroom 5, Bathroom 4, Bathroom 11, Bathroom 3
- Standard status
- Active
- APN
- 207179
- Size
- 4,848 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- Fairhaven Vista Phases 1 & 2 Lot 3
- Tax Annual Amount
- 9144
Building Details
- Year built
- 2002
- Floors in Building
- 2
- Number of units
- 10
- Roof type
- Composition
Listing agent Tami Liesy (503) 388-1881
Listing office Keller Williams PDX Central 919 NE 19th Ave Ste 100, Portland, OR (503) 548-4848
Listing date Apr 8, 2026
MLS# 286696634
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Well-Maintained Redmond Fourplex on Corner Lot
This well-maintained fourplex is located in a quiet neighborhood with sidewalks and cared-for homes, situated on a corner lot. The property features townhome-style units with an open concept floorplan, full kitchen appliances, and washers and dryers. Updates have been made throughout the units, including newer appliances, luxury vinyl plank flooring, carpet, interior paint, blinds, baseboards, hardware, and plumbing fixtures. Units 1 and 4 offer approximately 1,100 square feet of living space with 2 bedrooms and 2.5 baths, while units 2 and 3 are approximately 1,200 square feet with 3 bedrooms and 2.5 baths. The location is near schools, parks, and trails, with shopping and dining options less than 1.5 miles away. The property is suitable for adding to a property portfolio. The property has a projected cap rate of 6.18%. The Home Owners Association has been managed by the same company for 15 years. The property size is 4848 Square Feet and the lot size is 0.18 acres. The zoning is R4. Units 1-3 are currently leased.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Redmond
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.1969935
- Latitude
- 44.2785442
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fourplex in quiet neighborhood, close to amenities, ideal for investors.
Where is this quadplex located?
The property is located at 2531 NW CEDAR Ave Redmond, OR.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Projected cap rate of 6.18%; Four townhome‑style units feature open concept floorplans, full kitchen appliances, and washers/dryers; Units offer a mix of layouts: 2 bed, 2.5 bath (approx. 1,100sf) and 3 bed, 2.5 bath (approx. 1,200sf)
