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Listed price in listed location currency (USD).
$6,300,000

000

MLS® 220213493

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $53,547
Days Active 1
Lot Size 0.69 acres
Approx. Age 2023
MLS® Number 220213493

Property Address: 1445-1441 Nw 4th St, Redmond, OR, 97756-1367

Average square foot calculated using Size range provided by listing agent.

Description

Red Cedar Apartments — offered at a 5% cap rate — is a newly built, 20-door multifamily asset in North Redmond designed for low-maintenance, ''set-it-and-forget-it'' ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the buildings each include 3 apartments + 3 studios, for a total of 20 rentable units. Townhome-style residences are paired with ground-level studios, appealing to multiple renter profiles. Fully leased and professionally managed, the property delivers consistent cash flow with tenants paying all utilities, lowering owner expenses. A modern, clean, new-construction investment offering durable income and flexibility.
MLS® Number220213493
Laundry Level
Central VacNo
FireplaceNo
Acreage0.69
Exterior
GarageYes
Approx. Age2023
Basement
DrivewayAsphalt, Attached, Garage Door Opener, Shared Driveway, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 8, 2026List Date
$6,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1441 Nw 4 Th St, Redmond, OR

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