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$1,150,000
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Property Description
Lowest priced livable 8-plex in Central Oregon with additional developable land. Amazing rental history. Lease rates are severely below market. No showing without accepted offer. Buyer to do own diligence regarding development potential.
Full Property Details
Full Property Details for 1949 SW Timber Ave
General
- Sold For: $1,150,000
- Taxes: $12,783 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ODS
- MLS ID: 220194121
- Added to Site: 377 day(s) ago
Interior
- Appliances: Cooktop, Dishwasher, Disposal, Refrigerator
- Flooring: Carpet
Parking
- Parking Features: Asphalt
- Parking: Primary Suite
Location
- Area: 8928
- County: Deschutes
- Subdivision: Timber Acres
- Cross Streets: Canal
School Information
- Elementary School: Sage Elem
- Middle School: Obsidian Middle
- High School: Ridgeview High
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Construction: Frame
- Basement Desc.: None
- Foundation: Stemwall
- Roof: Composition
- Common Walls: 1 Common Wall, 2+ Common Walls
- Windows: Vinyl Frames
- Stories/Levels: 2
- Square Feet: 8,928
- Sq. Ft. Source: Appraiser
- Year Built: 1991
Lot Features
- Property View: Cascade Mountains, City
- Mountain views: Yes
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,848
- Street/Road Desc.: Paved
- Lot Features: Level
- Zoning: R5
Financial Considerations
- Tax Amount: $12,783.2
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Exclusions: Tenants personal property
- APN: 161644
- Section: SW
Listed by Cascade Hasson SIR (541) 383-7600, Corey Charon (541) 280-5512
Sold by Papenheim Properties (541) 280-5512, Gerald T Papenheim
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Schools
Schools serving 1949 SW Timber Ave
School District:Redmond School District 2j
| Name | Grades | Distance |
|---|---|---|
Sage Elementary School 2790 Southwest Wickiup Avenue, Redmond, OR 97756 | K-5 | 0.8 mi |
Obsidian Middle School 1335 Southwest Obsidian Avenue, Redmond, OR 97756 | 6-8 | 0.8 mi |
Ridgeview High School 4555 Southwest Elkhorn Avenue, Redmond, OR 97756 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1949 SW Timber Ave
Date
Details
Price
Change
Source
2/04/2025
Sold
$1,150,000
—
MLS
1/05/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1949 SW Timber Ave, Redmond, OR 97756 (MLS# 220194121) is a Multi-Family property that was sold at $1,150,000 on February 04, 2025. Want to learn more about 1949 SW Timber Ave? Do you have questions about finding other Multi-Family real estate for sale in Redmond? You can browse all Redmond real estate or contact a Coldwell Banker agent to request more information.

