Skip main navigation
Active
  • $599,000

    468 NE Olney Ave, Bend, OR 97701

    --beds
    0baths
    1,600sqft
    : 
    Duplex, Multi Family
    Built in 1948
    -- sqft lot
    $581,500 Zestimate®
    $374/sqft
    $-- HOA

    What's special

    This duplex at 466 & 468 NE Olney Ave. offers two income-producing two-bedroom units with stable tenants in place, generating a total of $3,320 in monthly rent. Priced at $599,000, the property sits on a 7,405 SF lot with 1,600 SF of building space and includes three onsite parking spaces. Recent kitchen and bathroom upgrades, below-market rents, and a highly desirable location contribute to its strong investment appeal. With an estimated NOI of $28,471.20 and a cap rate of 4.75%, this asset presents solid cash flow and upside potential in a competitive rental market.
    37 days
    on Zillow
    |
    258
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 06:41pm

    Listed by:

    Compass Commercial Real Estate 541-383-2444

    Source: Oregon Datashare,MLS#: 220207113MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 468 NE Olney Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Hardwood, Laminate
    • Has fireplace: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,600
    • Total interior livable area: 1,600 sqft

    Property

    Parking
    • Parking features: Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 7,405.2 Square Feet
    Details
    • Parcel number: 162652
    • Zoning description: RH
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Northwest
    • Property subtype: Duplex, Multi Family
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Wiestoria
    HOA
    • Has HOA: No
    Location
    • Region: Bend

    Financial & listing details

    • Price per square foot: $374/sqft
    • Tax assessed value: $516,620
    • Annual tax amount: $2,221
    • Date on market: 8/5/2025
    • Listing terms: Cash,Conventional
    • Loading
    • Loading