$6,600,000
NEW CONSTRUCTION $530K PRICE DROP

1431 NW 4th St Redmond, OR 97756

Estimated payment $37,205/month

Total Views 12,816
-- Bed
-- Bath
18,862 Sq Ft
$350 Price per Sq Ft

Highlights

  • New Construction
  • 0.69 Acre Lot
  • Contemporary Architecture
  • City View
  • Open Floorplan
  • Vaulted Ceiling

About This Home

Here it is..But with a new futuristic, versatile twist! The Urban interior style merges with contemporary design. Bringing a fresh industrial design and change to the Real Estate Investment Business. Welcome to Red Cedar Apartments. Each unit is uniquely designed with a studio on the garage floor that is fully self-contained, separate living space furnished with washer/dryer, and kitchenette. There is a total of 20 units with 12 currently leased at top rents! The Duplexes w/ 8 doors will be complete by Dec. 2023. 2 units already have deposits down and applications are still coming in, good chance these units will be leased before completion! Each building is individually platted and separately metered so buildings CAN BE BOUGHT SEPERATLY. Extremely low maintenance throughout the entire property, with a location that caters to almost any desire. Just minutes away from Restaurants, Schools, Stores, Coffee Shops, Dry Canyon Trails, & only seconds away from Hospital & Hwy 97 access.

Listing Agent

Kristin Prosser

Windermere Realty Trust License #201212608 Listed on: 09/07/2023

Co-Listing Agent

Bruce Barrett

Windermere Realty Trust License #860600301

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,213

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.69 Acre Lot
  • 1 Common Wall
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Additional Parcels

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Prairie Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Assigned Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • 20 Units
  • Built by Timbergon Inc
  • Rennolds Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 00600 / 2
  • Assessor Parcel Number 122318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,213

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Architectural Style: Contemporary, Prairie
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.69
  • Prop. Type: Residential Income
  • New Construction: Yes
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Rennolds Acres
  • Year Built: 2023
  • Co List Office Mls Id: ocC-21
  • Co List Office Phone: 541-548-2131
  • Co List Office Phone: 541-923-4663
  • MLS Status: Active
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: C1
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 00600
  • General Property Information New Construction YN: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 2
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Ductless2: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • View:City3: Yes
  • General Property Information Estimated Completion Date: 2023-12-31
  • Levels Three Or More: Yes
  • Common Walls 1 Common Wall: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl, Other
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Double Vanity, Enclosed Toilet(s), Fiberglass Stall Shower, In-Law Floorplan, Kitchen Island, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features Linen Closet: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Builder Name: Timbergon Inc
  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped, Level
  • Roof: Composition
  • View: Cascade Mountains, City, Mountain(s)
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, Assigned, Attached, Concrete, Garage Door Opener, On Street, Storage
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Ductless, Heat Pump
  • Heating: Ductless, Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels Description: 122333, 285978, 285979
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 30056.4
  • Parcel #: 122318
  • ResoLotSizeUnits: Acres
  • Zoning Description: C1

Multi Family

  • Number Of Units Total: 20

Tax Info

  • Tax Annual Amount: 8212.63
  • Tax Block: 2
  • Tax Lot: 00600
  • Tax Map Number: 151309AA
  • Tax Year: 2022

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $6,600,000 +208.4% $350 / Sq Ft
10/17/2024 10/17/24 For Sale $2,140,000 -69.0% $366 / Sq Ft
08/16/2024 08/16/24 Price Changed $6,900,000 -3.2% $366 / Sq Ft
09/06/2023 09/06/23 For Sale $7,130,000 -- $378 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220170855

Oregon Datashare

Oregon Deschutes County Redmond 97756

1431 NW 4th St, Redmond, OR

This home is located at 1431 NW 4th St, Redmond, OR 97756 and is currently priced at $6,600,000, approximately $349 per square foot. This property was built in 2023. 1431 NW 4th St is a home located in Deschutes County with nearby schools including John Tuck Elementary School, Elton Gregory Middle School, and Redmond High School.

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Kristin Prosser
Listing Agent
Kristin Prosser
Section Image
Windermere Realty Trust
(458) 236-5613