Bend, OR 97701,475 Underwood AVE
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Bend, OR 97701,475 Underwood AVE
Bend, OR 97701,475 Underwood AVE
Bend, OR 97701,475 Underwood AVE
Bend, OR 97701,475 Underwood AVE

$1,899,000

Est. payment /mo

$1,899,000

Est.Price: ?

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475 Underwood AVE Bend, OR 97701

6,000 SqFt

SOLD DATE : 02/10/2025

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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Oregon Data Share
Listed by Ninebark Real Estate
agent

Brook Gardner

Principal Broker | License ID: 201210190

+1(541) 848-9797

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