1441 NW 4th StreetRedmond, OR 97756
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Red Cedar Apartments — offered at a 5% cap rate — is a newly built, 20-door multifamily asset in North Redmond designed for low-maintenance, ''set-it-and-forget-it'' ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the buildings each include 3 apartments + 3 studios, for a total of 20 rentable units. Townhome-style residences are paired with ground-level studios, appealing to multiple renter profiles. Fully leased and professionally managed, the property delivers consistent cash flow with tenants paying all utilities, lowering owner expenses. A modern, clean, new-construction investment offering durable income and flexibility.
| a week ago | Listing first seen on site | |
| a week ago | Listing updated with changes from the MLS® |
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This content last updated on 2026-01-15 07:17 PM PST. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.
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