$799,000

1116 SW Obsidian Avenue, Redmond OR, 97756

Price per sqft$266.33

Built in1915

Property size3,000 sqft

Property typeCommercial

Courtesy of Compass Commercial Real Estate, Adam Bledsoe

Overview

Active

Listed Oct 13, 2026

Updated 34h ago

Multifamily development site totaling approximately 1.00 AC across two tax lots at 1116 -1138 SW Obsidian Ave in Redmond, Oregon. The property is zoned High Density Residential -R5, which allows apartments and townhomes outright and permits 8+ residential units. Existing improvements include a 3,000 SF retail building and a 1,600 SF storage shed. The site provides frontage along SW Canal, approximately 20 onsite parking spaces, and a location less than one mile from Downtown Redmond.

Additional information

MLS^® ID: 220229948

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.34 Acres

Other Property Details

Taxes: $5,282
Tax Frequency: Annually

Courtesy of Compass Commercial Real Estate, Adam Bledsoe

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Data last updated 3:15 AM UTC, 10/14/2026