2000 SW Salmon Avenue

Redmond, OR
$ 430,000 Beds 13 Baths 13 Sq 12,472
Monthly Estimate* How much can I afford?

INVESTOR/DEVELOPER/BUILDER--13 total units ready to build!-- 8 plex and 5 plex on .77 acres in a prime location in SW Redmond in the Opportunity Zone! All planned units 2 bed 2 bath. Package includes land, full architectural and building plans, civil and structural engineering. Final stages of City of Redmond permitting process complete and ready to issue. Site Development, Building, Plumbing and Mechanical permits ready to issue. Water and sewer stubbed to lot. Shovel ready project perfect for 1031 buyers as a replacement property for Opportunity Zone capitol gain tax advantages. Total project cost including land purchase 2.6mil. Cap rate 6.18. Cash on cash return 7.23. Internal rate of return 23.96 with an equity multiple of 1.83. Estimated. Buyer to do due diligence.

Pending

  • Price
  • $ 430,000
  • Lot Size
  • 0.77 Acres
  • Bedrooms
  • 13
  • Sqr Footage
  • 12,472
  • Full Bathrooms
  • 13
  • Year Built
  • 2021
  • Half Bathrooms
  • 0
  • City, Zip
  • Redmond
  • Taxes
  • 695
  • County
  • DESCHUTES
  • Style
  • Contemporary,Northwest
  • Area
  • MLS#
  • 220106840
  • Zip
  • 97756
Listing Provided by: Fred Real Estate Group

Features

General

# Of Units Total 13
Arch Style Contemporary, Northwest
Association? No
Construction Materials Frame
Cooling Wall/Window Unit(s)
Flooring Concrete, Vinyl
Heating Electric
Levels Three Or More
New Construction Y/N Yes
Property Sub Type Multi Family
Property Type C
Roof Composition
Sewer Public Sewer
Subdivision Name Parkers Place
Zoning R5

Interior Features

Common Walls 2+ Common Walls
Fireplace Features Electric

Exterior Features

Foundation Slab
Lot Size Acres 0.77
Lot Size Square Feet 33541.00
Parking Details: # Of Carports 16
Parking Details: # Of Other Parking 14
Parking Features Parking Lot
Road Surface Type Paved
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Bend, OR office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Sage Elem
Middle School Obsidian Middle
High School Ridgeview High

Price History

8/10/2020 Listed $430,000

Property vs Zip Code Average in 97756

Price
AVG $460K
$430K
Taxes
AVG $2,850
$695
Visits
AVG 47
33
Year Built
AVG 2007
2021

Map

2000 SW Salmon Avenue Redmond, OR is a Single Family Home for sale at $430000 with 12472 sqft and a lot size of 0.77 Acres Acre(s). 2000 SW Salmon Avenue Redmond has 13 bedrooms, 13 baths and was built in 2021. The property's zip code is 97756 which is in Redmond, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.