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1116 SW Obsidian AvenueRedmond, OR 97756Price: $799,000

  • Price: $799,000
  • 9 Days on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 0.34Acreage
Listing Broker: Compass Commercial Real Estate; Adam Bledsoe 541-383-2444 jlyons@compasscommercial.com.
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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.

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 "Based on information submitted to Central OR as of October 21, 2026 6:37 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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