Skip main navigation
Active
  • $3,150,000

    2025 NE Neil Way, Bend, OR 97701

    24beds
    12,561sqft
    : 
    Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $251/sqft
    $-- HOA

    What's special

    Private rear deckRebuilt decksWood stoveUpdated windowsFunctional two-level layoutDesirable ne bend cul-de-sac
    Rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio in a desirable NE Bend cul-de-sac. Spread across six duplexes on three separate tax lots, this asset presents a stable income stream with multiple exit strategies and potential for future value growth. Significant capital improvements have been made, including new siding, updated windows, and rebuilt decks, reducing near-term expenses and boosting tenant retention. Each 1,046 sq. ft. unit features 2 bedrooms, 1.5 baths, in-unit washer/dryer hookups, a wood stove, and private rear deck. The functional two-level layout includes a kitchen, living area, and half bath on the main floor, with bedrooms, full bath, and laundry closet upstairs. Additional features include 7 detached garages that are rented individually and a semi-private greenbelt with mature trees. Interior finishes vary, allowing for upside through strategic unit upgrades. Located minutes from major employers, Pine Nursery Park, Costco, hospital, and dining hotspots, this portfolio is well-positioned for consistent returns and long-term appreciation. This property is professionally managed and has been pre-inspected.
    41 days
    on Zillow
    |
    261
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 06:21pm

    Listed by:

    Dawn Cordiner 503-309-0093,

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 428951739MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2025 NE Neil Way.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 24
    • Full bathrooms: 12
    • Partial bathrooms: 12
    Heating
    • Baseboard, Wood Stove
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Range, Electric Water Heater
    • Laundry: Washer Dryer Hookup
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 12,561
    • Total interior livable area: 12,561 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Driveway, Off Street
    • Garage spaces: 7
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.89 Acres
    • Features: Cul-De-Sac, Level, Private, SqFt 20000 to Acres1
    Details
    • Additional parcels included: 100389,100371
    • Parcel number: 100390
    • Zoning: MR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding
    • Foundation: Concrete Perimeter, Stem Wall
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Bend

    Financial & listing details

    • Price per square foot: $251/sqft
    • Tax assessed value: $949,680
    • Annual tax amount: $19,620
    • Date on market: 6/25/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 19905
    • Road surface type: Paved
    • Loading
    • Loading