Apartment Building

Bend, OR Apartment Buildings for Sale

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Sunriver, OR Redmond, OR Powell Butte, OR Sisters, OR Terrebonne, OR La Pine, OR Prineville, OR
Bend Multifamily Investment Opportunity
Updated: May 13
Bend Multifamily Investment Opportunity

2422-2444 NE Conners Ave, Bend, OR 97701

$2,585,000
12,314 sqft
Fully leased 10‑unit multifamily property providing stable cash flow.
Significant rental upside as rents adjust to market rates in a proven Bend submarket.
Eight spacious two‑bedroom townhome‑style apartments with attached garages.
Larger floor plans than typical apartments in the submarket.
Located near St. Charles Medical Center.
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This listing looks promising.

Here's a quick look at some key insights for

2422-2444 NE Conners Ave, Bend, OR 97701

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42-Unit Garden-Style Apartment Community
Updated: Jun 1
42-Unit Garden-Style Apartment Community

1280-1330 NE Purcell Blvd, Bend, OR 97701

$8,777,000
37,712 sqft 1.98 AC lot
Spring Pines Apartments: 42‑unit multifamily property built in 1993
Six two‑story garden‑style buildings on a 1.98‑acre site along NE Purcell Blvd
Uniform unit mix: 2BD/1BA flats averaging approx. 888 SF, with rents currently ranging from $895 to $1,777/month
100% occupancy as of May 2026; self‑managed with a 6.04% cap rate based on in‑place income and trailing 12‑month expenses
On‑site parking for 72 vehicles, including covered spaces
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Bend, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Historic Building
Mixed-Use Historic Building

615 SW Evergreen Avenue, Redmond, OR 97756

$1,425,000
7,500 sqft 0.06 AC lot

A 1919 three-story building offering fully leased ground retail, office/commercial space, and 10 apartments in Redmond, Oregon.

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Historic Downtown Hotel with Retail Front
Historic Downtown Hotel with Retail Front

661 S Main St, Lebanon, OR 97355

$4,750,000
27,764 sqft 0.87 AC lot

A 1910 mixed-use building featuring fully occupied ground-floor retail and apartments, with renovation underway upstairs.

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Historic Mixed-Use Building
Historic Mixed-Use Building

621 SW EVERGREEN Ave Unit 621, Redmond, OR 97756

$1,425,000
7,500 sqft

Fully leased three-story building with ground-floor retail, office/commercial space, and 10 apartments.

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Historic Downtown Hotel with Retail
Historic Downtown Hotel with Retail

661 S Main St, Lebanon, OR 97355

$4,750,000
33,612 sqft 0.37 AC lot

Historic hotel with four glass-front retail suites fully occupied on the ground floor and multifamily income from 10 units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Off-Market Properties in Bend, OR

Consider similar Off-Market properties in Bend, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

550 Franklin Ave, Unit 6
APARTMENT HOUSE (5+ UNITS)

550 Franklin Ave, Bend, OR 97703-2892

Unit 6
$630,000
Estimated value
1,197 sqft
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2012 Neil Way
APARTMENT HOUSE (5+ UNITS)

2012 Neil Way, Bend, OR 97701-6080

$940,000
Estimated value
5,692 sqft 0.35 AC lot
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2745 Ordway Ave
APARTMENT HOUSE (5+ UNITS)

2745 Ordway Ave, Bend, OR 97703-6742

$915,000
Estimated value
0.58 AC lot
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135 Revere Ave
APARTMENT HOUSE (5+ UNITS)

135 Revere Ave, Bend, OR 97703-1338

$1,750,000
Estimated value
3,153 sqft 0.08 AC lot
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550 Franklin Ave, Unit 548
APARTMENT HOUSE (5+ UNITS)

550 Franklin Ave, Bend, OR 97703-2896

Unit 548
$600,000
Estimated value
1,197 sqft
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1419 8th St, Unit 101
APARTMENT HOUSE (5+ UNITS)

1419 8th St, Bend, OR 97703-2285

Unit 101
Value Estimation by Request
5,080 sqft 0.14 AC lot
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1125 Watt Way
APARTMENT HOUSE (100+ UNITS)

1125 Watt Way, Bend, OR 97701-5353

$46,725,000
Estimated value
195,178 sqft 3.75 AC lot
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Bend, OR 97701
APARTMENT HOUSE (5+ UNITS)

Bend, OR 97701

Value Estimation by Request
25,551 sqft 1.36 AC lot
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Bend, OR 97703
APARTMENT HOUSE (5+ UNITS)

Bend, OR 97703

$1,160,000
Estimated value
1,742 sqft
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54 Lk Pl
APARTMENT HOUSE (5+ UNITS)

54 Lk Pl, Bend, OR 97703-2953

Value Estimation by Request
3,418 sqft 0.23 AC lot
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611 Bellevue Dr
APARTMENT HOUSE (100+ UNITS)

611 Bellevue Dr, Bend, OR 97701-2098

$11,975,000
Estimated value
108,033 sqft 2.48 AC lot
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2020 Linnea Dr
APARTMENT HOUSE (100+ UNITS)

2020 Linnea Dr, Bend, OR 97701-6201

Value Estimation by Request
204 sqft 8.62 AC lot
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550 Franklin Ave, Unit 558
APARTMENT HOUSE (5+ UNITS)

550 Franklin Ave, Bend, OR 97703-2897

Unit 558
Value Estimation by Request
996 sqft
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63146 Deschutes Market Rd, Unit 101
APARTMENT HOUSE (5+ UNITS)

63146 Deschutes Market Rd, Bend, OR 97701-8900

Unit 101
$5,615,000
Estimated value
22,629 sqft 3.16 AC lot
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Bend, OR 97703
APARTMENT HOUSE (5+ UNITS)

Bend, OR 97703

$1,225,000
Estimated value
1,933 sqft
View details
550 Franklin Ave, Unit 518
APARTMENT HOUSE (5+ UNITS)

550 Franklin Ave, Bend, OR 97703-2896

Unit 518
$690,000
Estimated value
1,139 sqft
View details
2155 Labiche Ln
APARTMENT HOUSE (100+ UNITS)

2155 Labiche Ln, Bend, OR 97703-7206

Value Estimation by Request
46,348 sqft 2.20 AC lot
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141 Georgia Ave
APARTMENT HOUSE (5+ UNITS)

141 Georgia Ave, Bend, OR 97703-2821

$1,310,000
Estimated value
6,548 sqft 0.35 AC lot
View details
1655 Portland Ave
APARTMENT HOUSE (5+ UNITS)

1655 Portland Ave, Bend, OR 97703-1456

Value Estimation by Request
2,978 sqft 0.72 AC lot
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734 Broadway St
APARTMENT HOUSE (5+ UNITS)

734 Broadway St, Bend, OR 97703-2721

$670,000
Estimated value
5,855 sqft 0.15 AC lot
View details
801 Bradbury Way
APARTMENT HOUSE (100+ UNITS)

801 Bradbury Way, Bend, OR 97702-3877

Value Estimation by Request
129,449 sqft 2.91 AC lot
View details
63158 Deschutes Market Rd, Unit 117
APARTMENT HOUSE (5+ UNITS)

63158 Deschutes Market Rd, Bend, OR 97701-8904

Unit 117
$5,125,000
Estimated value
22,629 sqft 6.41 AC lot
View details

Bend, OR Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Bend, OR on our real estate platform. These investment opportunities span a total of 50,026 square feet of properties for sale, with an estimated market value of $11,362,000.

Sale prices for two-family homes in Bend, OR start at $2,585,000, averaging $5,681,000, and reaching up to $8,777,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 137K
Population Growth (5Y) -8.1%
Median Household Income $92,693
College Educated 45.6%

High-Yield Neighborhoods for Investment

Identify Bend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97702 $1.4M
97701 $5.7M

Taxes & Financing

Tax Rate (average for all types) 1.43%
Property Tax per SF $10.59 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Deschutes County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Deschutes County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Bend fall within the 25,000 to 50,000 square foot range.

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