1695 NW Portland Ave, Bend, OR 97701

-- beds-- baths23,862 sqft Edit

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Off Market
Zestimate®: $1,343,769
Rent Zestimate®: $2,096/mo
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My Notes

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24-Unit Apartment Complex (Royal Pines) in desirable Westside location near College. Maintains excellent occupancy history with strong demand reported among tenants wanting to reside close to downtown and close to COCC. This represents a 6% Cap of NOI w/ excess land valued at $270,000. An estimated 8-10 more units could be constructed on the site. Amenities include swimming pool & on-site laundry. Close to restaurants and retail amenities in a desirable mixed-use residential/commercial neighborhood.

Facts

  • Lot: 1.45 acres
  • Multi Family
  • Built in 1973
  • Views: 325 all time views
  • Last sold: Sep 2011 for $850,000

Construction

  • Structure type: Other

Other

  • Floor size: 23,862 sqft
  • Parcel #: 102541
  • Zillow Home ID: 80926288

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$1,343,769
+$7,628 Last 30 days
$1.25M
$1.53M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,096/mo
+$587 Last 30 days
$776
$3.0K
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Popularity on Zillow

325 all-time views
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Comparable Homes

Homes like this sold for $1.05M.

$920K
$1.18M

Mortgages

Neighborhood

Market guide

Zillow predicts River West home values will rise 2.6% next year, compared to a 3.9% rise for Bend as a whole. Among River West homes, this home is valued 296.5% more than the midpoint (median) home, but is valued 77.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In River West, the number of foreclosures waiting to be sold is 22% greater than in Bend, and 41.9% less than the national average. This higher local number may prevent River West home values from rising as quickly as other regions in Bend.

Learn more about forecast calculations or River West home values.
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    Nearby Schools in Bend

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