Investment opportunity in desirable NE Bend with favorable high density zoning! This value-add duplex is located on a .21 acre corner lot presenting an excellent opportunity to stabilize or add more units in a market with strong rental demand. Unit 408 has a long term tenant with current rent set at $1000. Unit 412 is currently vacant and had recent monthly gross of $1200 after updates including appliances, kitchen counter tops, flooring, and carpets. Ductless heating/cooling in both units in 2017. Buyer to do own due diligence on adding more units.
Off market
Street View
$588,100
408 NE Thurston Ave #412, Bend, OR 97701
4beds
2baths
1,656sqft
MultiFamily
Built in 1969
-- sqft lot
$588,100 Zestimate®
$355/sqft
$2,368 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heat pump, Gas
Cooling
- Central
Features
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,656 sqft
Property
Features
- Levels: One
Lot
- Size: 9,147 sqft
Details
- Parcel number: 168137
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1969
Community & neighborhood
Location
- Region: Bend
Other
Other facts
- Construction: Frame
- Electric Company: PP&L
- Existing Water: City
- Exterior: Patio/Deck, Fenced
- Floors: Carpet, Vinyl, Laminate
- Foundation: Stemwall
- Roof: Composition
- Sewer/Septic: City Sewer
- Terms: Cash, New Loan
- View: Terrain
- Water District: City
- Style: Ranch
- Community: Park, Corner Lot
- Status: Pending
- Section: NE
- Fireplace: Family Room
- Region: Bend/Tumalo/Alfalfa
- Area: Riverside
- Interior: Master Ground Level
- Property Subtype 1: Duplex
- Heat/Cool: Ductless Heat Pump
- Levels: One