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2621 NW Cedar Avenue UNIT 1, Redmond, OR 97756

Show All 22 Photos
For Sale

$1,150,000

0.19 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

Solid investment opportunity with original owner in NW Redmond. Easy to own and keep occupied from out of area. End units are two primary bedrooms upstairs with private bathrooms and laundry for ease of organization. All units have newer LVP flooring and carpets. The two interior units have three bedrooms upstairs with laundry and two full baths as well. All interior paint recently done in all units, along with full exterior paint. Attached single car garages with additional parking for each unit. Photos are of unit #1 and is the 2023 condition. HOA monthly covers costs of water/sewer/trash/landscaping/ admin/management of grounds and the $150 covers assessment for 2023, larger projects including asphalt. Walk to Elementary School and Cascade Swim Center. Well maintained and professionally managed. Solid tenants in place. Unit 1 rent increases to $1755 July 2024. Actual 2023 CAP rate including taxes and insurance 4.1. Proforma for 2024 4.7
MLS# 220180311

Courtesy Of Morris Properties

(541) 480-5549

Property Features

  • Age
    21-30 Years Old
  • Appliances
    Dishwasher, Microwave, Oven, Range, Refrigerator
  • Architecture Style
    Contemporary
  • Cooling System
    None
  • Floor Covering
    Carpet, Vinyl
  • Heating Fuel
    Electric
  • Lot Size
    0.19 Acres
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 2621 NW Cedar Avenue UNIT 1, Redmond, OR 97756

Home seller CENTURY 21 North Homes Realty

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

CENTURY 21 North Homes Realty

(541) 548-2131
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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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