$1,899,000
$1,899,000
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475 Underwood AVE Bend, OR 97701
6,000 SqFt
Key Details
Sold Price $1,899,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $316
Subdivision Riverside
MLS Listing ID 220194004
Style Traditional
Year Built 1968
Annual Tax Amount $9,774
Lot Size 0.530 Acres
Property Sub-Type Multi Family
Property Description
Exceptional investment opportunity! This well-managed and maintained 8-plex in Bend's desirable midtown offers convenience with its proximity to Orchard Park, shopping, dining, and excellent walkability. Each 4-plex is situated on a separate tax lot, making the property eligible for residential lending on each individual 4-plex. Each single-level unit features 2 bedrooms and 1 bathroom, supported by a strong rental history. There is potential for additional units and opportunity for future growth. All units are equipped with gas wall furnaces and private decks, with units offering upgrades such as tiled showers, new paint and flooring. Some units also include window A/C units for enhanced comfort. Parking is ample with 4 designated spaces and additional guest spots. All units are currently occupied. Showings are easy to arrange! Don't miss this rare chance to own a pair of well well-kept 4-plex properties in a sought-after location, offering both stability and expansion!
Location
State OR
County Deschutes
Community Riverside
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Courtyard, Deck
Parking Features Asphalt, Parking Lot
Community Features Access to Public Lands, Park, Playground
Roof Type Composition
Building
Lot Description Fenced, Landscaped, Native Plants
Foundation Block, Stemwall
Water Public
Structure Type Block,Concrete,Frame
New Construction No
Schools
High Schools Bend Sr High
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Special Listing Condition Standard
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