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    1840 15th St Redmond, OR 97756-2075

    • Apartment buildings
    • 8,224 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 22, 2022
    Location Intelligence
    Property ID
    US71-1293975
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1840 15th St

    Year built
    2021
    Lot size
    1.17 lot acres
    Property size
    8,224 SF
    Zone code
    GI
    Property type
    Apartment buildings
    APN
    151321 BA 02100
    APU
    151321BA02100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.183
    Latitude
    44.2589
    CBSA code
    13460
    CBSA name
    BEND, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $50,092
    $0.00
    $0.00
    $2,523,942
    -
    $438,263
    $5,954,300
    $6,392,563

    Comparable in this City

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      724 4th St

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      0.69 Acres

      744 Oak Pl

      APARTMENT HOUSE (5+ UNITS) • 0.69 Acres
      744 Oak Pl, Redmond, OR 97756-8573
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      $495,000
      7,652 SF

      2000 Salmon Ave, Unit 101

      APARTMENT HOUSE (5+ UNITS) • 7,652 SF
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    • Value Estimation by Request
      0.94 Acres

      3610 Metolius Ave

      APARTMENT HOUSE (5+ UNITS) • 0.94 Acres
      3610 Metolius Ave, Redmond, OR 97756-6749
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    • Value Estimation by Request
      19,896 SF

      1600 Reindeer Ave, Unit 101

      APARTMENT HOUSE (5+ UNITS) • 19,896 SF
      1600 Reindeer Ave, Redmond, OR 97756-6835
      View Details

    Similar Nearby for Sale

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      $1,099,000
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      Six-unit apartment complex with recent upgrades and convenient location.
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      25-space mobile home and RV park in downtown Redmond.
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      Redmond Duplex with Income Potential

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    Similar Nearby for Lease

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      1800 sqft flex space available December 1, 2025.
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      Modern Flex Space, Ideal Location
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    • $0.90 SF/Yr

      Redmond Industrial Space with Yard

      Industrial space with fenced yard, roll-up doors, and easy access.
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    • Contact for pricing
      6,000 SF

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      Retail space available in high-traffic Redmond trade area.
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      Redmond Medical Office Space Available

      Class A medical office space in the heart of Redmond.
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    Redmond, OR 97756-2075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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