Bend Multifamily Property with Development
61683 Daly Estates Drive Bend, OR 97702
61683 Daly Estates Drive, Bend, OR, 97702
$789,995
Pending
For Sale
$789,995
Pending
MULTI_FAMILY - Ranch - Bend, OR
Property Size2,352 SF
Lot Size0.29 Acres
Days on Market646
Property Features for 61683 Daly Estates Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- On Street, Driveway
- Window features
- ENERGY STAR Qualified WIndows, Vinyl Frames, Double Pane Windows
- Interior features
- Breakfast Bar, Built-in Features, Laminate Counters, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo, Tile Counters
- Fireplace
- 1
- Appliances
- Dishwasher, Oven, Range, Range Hood, Water Heater
- Standard status
- Pending
- APN
- 119554
- Size
- 2,352 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2805
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Laminate, Carpet
- Building materials
- Frame
- Roof type
- Metal
- Architectural style
- Ranch
Listing Agency
RE/MAX Key Properties
(541) 728-0033
42 NW Greenwood Ave., Bend, OR
Listed by
Anthony Luna Levison · License #201203445
(541) 728-0033
Added: Oct 10, 2024 Checked: Jul 17 at 7:06 am
MLS# 220191198
Listing URL
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained multifamily property is located in the heart of SE Bend, close to shops, restaurants, parks, and trails, including Larkspur. Each of the two units features well-designed living areas, a full laundry space, and a single-car garage. Each unit provides 1,176 square feet of living space and contains 3 bedrooms and 1.5 bathrooms, along with private backyards. The property is situated on an oversized lot of 0.29 acres, which has potential for further development and a potential for a third unit. Buyers should perform due diligence with the city of Bend regarding any further development.
Key Highlights
- Ranch‑style 1972‑built multifamily with metal roof and frame construction
- Each unit offers 1,176 SF with 3 beds and 1.5 baths
- Units include full laundry space and single‑car garages
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.8k | $21.60 |
| − Vacancy | −$3.7k | −$1.56 |
| EGI | $47.1k | $20.04 |
| − OpEx | −$14.1k | −$6.01 |
| NOI | $33.0k | $14.03 |
2,352 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$471.4K
$412.4K – $549.9K
NOI $32,995 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$430.3K
$376.5K – $502.0K
NOI $30,121 @ 7.0% cap · market cap 3.81%
Theoretical Best
Specialty Retail
$1.02M
$889.1K – $1.19M
NOI $71,124 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex in SE Bend with development potential.
Where is this duplex located?
The property is located at 61683 Daly Estates Drive Bend, OR.
What is the asking price?
The asking price for this property is $789,995.
What are key features of this property?
This property features: Ranch‑style 1972‑built multifamily with metal roof and frame construction; Each unit offers 1,176 SF with 3 beds and 1.5 baths; Units include full laundry space and single‑car garages
