1696 NE Lotus Dr - Multi-Family FOR SALE


Bend, OR 97701- Mountain View
$699,000 USD
541-948-1745
1696 NE Lotus Dr, Bend, OR for Sale
$699,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

1696 NE Lotus Dr
Bend, OR 97701
Mountain View


HIGHLIGHTS

  • Fully leased
  • Strong healthcare-driven rental corridor
  • Attached garages
  • Elevated homesite with private yard

OVERVIEW

Quality-built and professionally maintained duplex in the highly desirable Pines at Pilot Butte, offering an opportunity to acquire a performing asset in one of Bend's most established eastside neighborhoods. Each unit features a thoughtfully designed 3-bedroom, 2.5-bath floor plan with approximately 1,289 square feet of living space, attached one-car garages, and included appliances. The property sits on an elevated homesite, providing separation, territorial outlooks, and private backyard areas for each residence. Ideally located near St. Charles Medical Center, Pilot Butte State Park, schools, and major retail corridors, the duplex benefits from enduring tenant demand driven by healthcare and service-sector employment nearby. Fully leased and maintained, this offering is well suited for investors seeking dependable income in a market where new duplex inventory remains limited.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$271 USD /SF

# OF UNITS

2

PRICE/UNIT

$349,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1696 NE Lotus Dr, Bend, OR

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

-

APN/PARCEL ID

207872

ASK ABOUT THIS PROPERTY

Kerry O'NealStrategic RealtyMore Info
541-948-1745

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Kerry O'NealStrategic RealtyMore Info
541-948-1745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.