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.
Active
$599,000
468 NE Olney Ave, Bend, OR 97701
--beds
0baths
1,600sqft
Est.:
Duplex, Multi Family
Built in 1948
-- sqft lot
$569,700 Zestimate®
$374/sqft
$-- HOA
What's special
- 89 days |
- 580 |
- 27 |
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