Off Market Sep 2016 for $1.3M

—

Est. refi paymentEst. refi $8,778/mo

•

26 ba

•

13,975

sq ft

2053 SW Timber Ave, Redmond, OR 97756

About this home

Located in Redmond, Oregon The Cascade's is a 13 unit townhome style apartment community consisting of (5) two-story buildings on 1.28 acres. Rents have recently been increased to $900 effective May 1. Prelim. rent analysis for the Bend/Redmond area indicates potential market rents of $1,100 - $1,200. Outstanding cap rate & GRM on effective rents / actual expense with pot. for immediate upside.Poss room to add units & CONDO PLAT COMP

Multi-familyProperty Type

1994Year Built

$98Price/Sq.Ft.

1 car garageParking

Listed by Joseph Scharf • NW Equity Group LLC

Bought with Joseph Scharf • NW Equity Group LLC

Redfin checked: 2 minutes ago

•Source:RMLS #16283006

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 97756, OR

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.4%

0.2% MoM

Median sale price

$515K

$10K MoM

Avg. days on market

43d

8 days MoM

Recently sold homes

266

4 MoM

New listings for sale

NEW 32 HRS AGO
$633,000
3 beds2 baths1,813 sq ft
4105 SW Salmon Ave, Redmond, OR 97756
$674,900
3 beds2 baths1,800 sq ft
3890 NW 25th St, Redmond, OR 97756
$679,000
3 beds2.5 baths2,060 sq ft
2703 NW 25th St, Redmond, OR 97756
3D WALKTHROUGH
$470,000
3 beds2 baths1,804 sq ft
540 NW 28th St, Redmond, OR 97756
Nick Shivers • eXp Realty, LLC
3D WALKTHROUGH
$260,000
2 beds1.5 baths936 sq ft
2610 SW 23rd St Unit 11, Redmond, OR 97756
3D WALKTHROUGH
$1,275,000
4 beds2.5 baths2,937 sq ft
10535 Bitterbrush Ct, Redmond, OR 97756
$837,900
2 beds2.5 baths2,020 sq ft
954 Yosemite Falls Dr, Redmond, OR 97756
$425,000
2 beds2 baths1,235 sq ft
2721 NE 6th Dr, Redmond, OR 97756
Garett Chadney • The Broker Network, LLC
OPEN SUN, 10AM TO 11AM
$1,249,000
3 beds2.5 baths2,347 sq ft
883 Highland View Loop, Redmond, OR 97756
3D WALKTHROUGH
$549,000
4 beds2.5 baths2,192 sq ft
2671 NE 6th Dr, Redmond, OR 97756
See all

Provided by Redfin

Sale history for 2053 SW Timber Ave

Date

Event

Price

APPFOLIO #1

Nov 29, 2023

Rental Removed

$1,575

$0/sq ft

Nov 16, 2023

Listed for Rent

$1,575

$0/sq ft

RMLS #16283006

Sep 1, 2016

Sold

$1,375,000

$98/sq ft

May 9, 2016

Pending

—

Apr 27, 2016

Listed

$1,450,000

$104/sq ft

MLSCO #2810620

Apr 15, 2011

Sold

$637,175

$46/sq ft

Mar 15, 2011

Listing Removed

—

Sep 8, 2008

Listed

$699,500

$50/sq ft

Public Records

Dec 31, 1998

Sold

$753,000

$54/sq ft

Public Records

Dec 20, 1993

Sold

$58,000

$4/sq ft

Tax history for 2053 SW Timber Ave

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.28 Acres

Year renovated

—

Sq. Ft.

4,248

Year built

1994

Style

Other

County

Deschutes County

APN

161845

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 11, 2026.

MUN

Mixed Use Neighborhood Zone

This minimum size for this zoning district is 3 acres. The purposes of this zone are to; Establish an area in which a critical mass of retail, service and other commercial uses together with civic uses can be located which can provide everyday goods and services to residents of the surrounding neighborhoods. Residential uses may be combined with commercial uses (as horizontal or vertical mixed-uses or live work units or may be allowed as standalone uses when developed as multi-family housing subject to site and design standards; Encourage development that exhibits the physical design characteristics of pedestrian-oriented, storefront style shopping streets; and; Promote the health and well-being of residents by encouraging physical activity, alternative transportation, and greater social interaction.

Permitted uses

Include but are not limited to:

General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Multiple units
Housing-Senior
Mixed use
Mixed use building
Office
Research & development
Recreation

Property details

Parking

Parking Information
Parking Features: Garage, Guest

Interior

Interior Features
Storage: Garage(s)

Exterior

Exterior Features
Exterior Description: Lap Siding

Lot Information
Lot Size Range: 1 to 2.99 Acres
Lot Size: 1 to 2.99 Acres
Lot Features: Level
Parcel Number: 161845

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Existing
View YN: No

Building Information
Year Built: 1994
Building Area Total: 13,975

Financial

Tax Information
Tax Legal Description: Assessor Map 15-13-20-DA-01600
Tax Annual Amount: $14,447.60

Rent Information
Rent Includes: Sewer, Trash Collection, Water

Lease / Rent Information
CAP Rate: 6.22
Gross Rent Multiplier: 10.33

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Wall Furnace
Cooling YN: No

Location

Multi Unit Information
# Of Units Total: 13

Unit Information
Unit Type: 1

Unit Type 1 Information
Actual Rent: $900
Area: 1,075
Baths Total: 2
Beds Total: 3
Features: Deck, Dishwasher, Refrigerator, Washer/Dryer Hookup
Units Total: 13

Location Information
Directions: HWY 97; S Canal Blvd; to site
Unparsed Address: 2053 SW TIMBER AVE, Redmond, OR 97756

Community Information
Zoning: R5

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,248
Stories: —
Lot Size: 1.28 acres
Style: Other
Year Built: 1994
Year Renovated: —
County: Deschutes County
APN: 161845

Home facts updated by county records on Sep 11, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Sage Elementary School

Public K-5 • Assigned • 0.7mi

9/10

Obsidian Middle School

Public 6-8 • Assigned • 0.8mi

6/10

Ridgeview High School

Public 9-12 • Assigned • 1.8mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

1% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 16 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

22 unhealthy days expected this year, 25 days in 30 years

Provided by First Street

Historical weather

Redmond, OR • 97756

Average low and high temperatures (°F)

Jan

Feb

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Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Geoff Groener • Emerald Coast Realty-Seal Rock

New listings for sale in 97756

NEW 32 HRS AGO

$633,000

3 beds2 baths1,813 sq ft

4105 SW Salmon Ave, Redmond, OR 97756

$674,900

3 beds2 baths1,800 sq ft

3890 NW 25th St, Redmond, OR 97756

$679,000

3 beds2.5 baths2,060 sq ft

2703 NW 25th St, Redmond, OR 97756

3D WALKTHROUGH

$470,000

3 beds2 baths1,804 sq ft

540 NW 28th St, Redmond, OR 97756

Nick Shivers • eXp Realty, LLC

3D WALKTHROUGH

$260,000

2 beds1.5 baths936 sq ft

2610 SW 23rd St Unit 11, Redmond, OR 97756

3D WALKTHROUGH

$1,275,000

4 beds2.5 baths2,937 sq ft

10535 Bitterbrush Ct, Redmond, OR 97756

$837,900

2 beds2.5 baths2,020 sq ft

954 Yosemite Falls Dr, Redmond, OR 97756

$425,000

2 beds2 baths1,235 sq ft

2721 NE 6th Dr, Redmond, OR 97756

Garett Chadney • The Broker Network, LLC

OPEN SUN, 10AM TO 11AM

$1,249,000

3 beds2.5 baths2,347 sq ft

883 Highland View Loop, Redmond, OR 97756

Home values near 2053 SW Timber Ave

Data from public records.

Address	Redfin Estimate
1949 Southwest Timber Ave, Redmond, OR 2 Beds \| 1.5 Baths \| 8928 Sq. Ft.	—
2048 Southwest Salmon Ave, Redmond, OR 2 Beds \| 1 Baths \| 760 Sq. Ft.	$557,427

Address	Redfin Estimate
2004 Southwest Timber Ave, Redmond, OR 4 Beds \| 2 Baths \| 1776 Sq. Ft.	$515,683
2462 Southwest Timber View Ct, Redmond, OR 16 Beds \| 20 Baths \| 8376 Sq. Ft.	—

Address	Redfin Estimate
2153 Southwest Timber Ave, Redmond, OR 3 Beds \| 1.5 Baths \| 2134 Sq. Ft.	$674,986
2472 Southwest Timber View Ct, Redmond, OR 8 Beds \| 9 Baths \| 4188 Sq. Ft.	—

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 97756, OR

Sale history for 2053 SW Timber Ave

Tax history for 2053 SW Timber Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97756

Home values near 2053 SW Timber Ave

More real estate resources