Bend, OR 97701,468 Olney AVE
Bend, OR 97701,468 Olney AVE
Bend, OR 97701,468 Olney AVE
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$599,000
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1,600 SqFt
Active

468 Olney AVE Bend, OR 97701

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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 220207113

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/Cooling Baseboard

Exterior

Parking Features Shared Driveway

Roof Type Composition

Parking Shared Driveway

Building

Foundation Slab

Water Public

Architectural Style Northwest

Level or Stories One

Structure Type Frame

New Construction No

Construction Frame

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


Oregon Data Share
Listed by Compass Commercial Real Estate

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Cody Tuma

Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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468 Olney AVE