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    2025 NE Neil Way Bend, OR 97701

    New
    For Sale
    $3,150,000

    MULTI_FAMILY - Bend, OR

    Property size:
    12,561 SF
    Lot size:
    0.89 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 2025 NE Neil Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MR
    Rooms
    Bedroom 8, Bedroom 10, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 13, Bathroom 16, Bathroom 10, Bedroom 6, Bedroom 15, Bathroom 3, Bedroom 9, Bathroom 13, Bathroom 7, Bathroom 8, Bathroom 11, Bedroom 12, Bedroom 16, Bedroom 7, Bedroom 4, Bathroom 5, Bathroom 15, Bedroom 14, Bedroom 2, Bedroom 11, Bathroom 1, Bedroom 5, Bathroom 12, Bathroom 14, Bedroom 3, Bathroom 9
    Bedrooms
    16
    APN
    100390
    Size
    12,561 SF
    Lot size
    0.89 Acres

    Utilities

    Heating system
    Wood, Wood Stove, Baseboard

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    12
    Roof type
    Composition

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Dawn Cordiner (888) 814-9613

    Listing date Dec 3, 2025

    MLS# 428951739 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Portfolio in Bend, Oregon

    This is a rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio located in a desirable NE Bend cul-de-sac. The property consists of six duplexes situated on three separate tax lots. Each unit features 2 bedrooms and 1.5 baths within 1,046 square feet. Units also include in-unit washer/dryer hookups, a wood stove, and a private rear deck. The two-level layout features a kitchen, living area, and half bath on the main floor, with bedrooms, a full bath, and a laundry closet upstairs. The property includes 7 detached garages that are rented individually. A semi-private greenbelt with mature trees is also located on the property. Significant capital improvements have been made, including new siding, updated windows, and rebuilt decks. Interior finishes vary, allowing for upside through strategic unit upgrades. The property is located minutes from major employers, Pine Nursery Park, Costco, a hospital, and dining hotspots. The property is professionally managed and has been pre-inspected. The lot size is 0.89 acres and the property size is 12,561 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.273671
    Latitude
    44.072429

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 12-unit multifamily portfolio in a desirable location.
    Where is this apartment building located?
    The property is located at 2025 NE Neil Way Bend, OR.
    What is the asking price?
    The asking price for this property is $3,150,000.
    What are key features of this property?
    This property features: - Fully occupied 12-unit multifamily portfolio in a desirable NE Bend location.; - Significant capital improvements: **new siding, updated windows, and rebuilt decks.**; - Stable income stream with multiple exit strategies and potential for future value growth.
    (888) 814-9613
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    2025 NE Neil Way Bend, OR 97701
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    Bend, OR 97701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2025 NE Neil Way Bend, OR 97701
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