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$ 599,000
Est. payment /mo
New
468 Olney AVE Bend, OR 97701
1,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $374
Subdivision Wiestoria
MLS Listing ID 220214010
Style Northwest
Year Built 1948
Annual Tax Amount $2,221
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.17
Property Sub-Type Duplex
Property Description
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.
Location
State OR
County Deschutes
Community Wiestoria
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Shared Driveway
Roof Type Composition
Building
Foundation Slab
Water Public
Architectural Style Northwest
Level or Stories One
New Construction No
Schools
High Schools Bend Sr High
Others
Senior Community No
Tax ID 162652
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Compass Commercial Real Estate
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