Pending
475 NE Underwood Avenue
Bend OR, 97701
$1,899,000
$316.50 per sqft
Pending
8 Beds
4 Baths
6,000 sqft
Multi-family
Built in 1968
Courtesy of Ninebark Real Estate, Chandra Jean Bath
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!
220194004
MLSⓇ ID
January 1, 2025
Listed
January 5, 2025
Updated
Map
475 NE Underwood Avenue
Bend OR, 97701
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Fiberglass Stall Shower, Laminate Counters, Primary Downstairs, Tile Counters, Tile Shower
Appliances
Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
Floor Description
Carpet, Laminate, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas, Wall Furnace
Exterior/Building Features
Lot Size
0.53 Acres
Exterior Features
Courtyard, Deck
Lot Features
Fenced, Landscaped, Native Plants
Architectual Style
Traditional
Roof
Composition
Sewer
Public Sewer
School Information
School District
Square Feet
High School
Bend Sr High
Elementary School
Juniper Elem
Other Property Details
Taxes
$9,775
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Asphalt, Parking Lot
Parking Total
6000
View
Yes
View Description
Territorial
County
Deschutes
Municipality
8
Water Source
Public
Pool
No
Zoning
RH
Green Building Features
Green Features
None
Listing History
Date | Event | Price |
---|---|---|
1/5/2025 | Pending | — |
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Data last updated 2:08 PM UTC, 1/5/2025