Prime value add opportunity to purchase a completely remodeled income producing 6bed/4bath duplex that comes with architectural plans to construct another duplex on this huge .51acre lot. This like new duplex was remodeled four years ago by a licensed residential contractor and the new features include; roof, vinyl windows, interior & exterior paint, cabinets, laminate countertops, vinyl plank & laminate wood flooring in living areas, carpet in bedrooms, energy efficient ductless heating & cooling
systems, interior doors, trim, electrical, light fixtures, hot water heaters, sliding glass doors, & new garage doors w/new openers. The mirroring duplex located at 2907 & 2909 SW Canal Blvd sitting on the same size lot directly to the West is also available for $699,500, & it includes the same income producing value add opportunity the subject property features. Buy both, build two, and have eight like new units or have four income producing units with future development potential.
Closed
$680,000
2907 SW Meadow Ln, Redmond, OR 97756
6beds
0baths
2,096sqft
Duplex, Multi Family
Built in 1972
-- sqft lot
$677,500 Zestimate®
$324/sqft
$2,112 Estimated rent
Home value
$677,500
$623,000 - $738,000
$2,112/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 03, 2025 at 01:23pm
Listed by:
Century 21 North Homes Realty 541-548-2131
Bought with:
Keller Williams Realty Central Oregon
Source: Oregon Datashare,MLS#: 220196560
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
- Full bathrooms: 4
Heating
- Ductless, Electric
Cooling
- Ductless, Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Water Heater
Features
- Laminate Counters, Linen Closet, Primary Downstairs, Shower/Tub Combo
- Flooring: Carpet, Laminate, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,096
- Total interior livable area: 2,096 sqft
Property
Parking
- Parking features: Assigned, Attached, Driveway, Garage Door Opener, Gated, RV Access/Parking, Shared Driveway
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 0.51 Acres
- Features: Landscaped, Level
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 161425
- Zoning description: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Redmond
- Subdivision: Windrow Acres
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $680,000-1.4%$324/sqft |
Source:  Oregon Datashare #220196560 | ||
| 5/21/2025 | Pending sale | $689,500$329/sqft |
Source: Oregon Datashare #220196560 | ||
| 5/8/2025 | Price change | $689,500-0.8%$329/sqft |
Source: Oregon Datashare #220196560 | ||
| 4/9/2025 | Price change | $694,990-0.6%$332/sqft |
Source: Oregon Datashare #220196560 | ||
| 2/28/2025 | Listed for sale | $699,500+344.1%$334/sqft |
Source: Oregon Datashare #220196560 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,988 +4.6% | $197,910 +6.1% |
| 2023 | $3,814 +6.7% | $186,560 |
| 2022 | $3,574 +6.6% | $186,560 +6.1% |
Find assessor info on the county website
Neighborhood: 97756
Nearby schools
GreatSchools rating
- 8/10Sage Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Obsidian Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Ridgeview High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Sage Elem
- Middle: Obsidian Middle
- High: Ridgeview High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Get a free Zillow Showcase℠ listing and you could sell for .
$677,500
2% more+ $13,550
With Zillow Showcase(estimated)
$691,050