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3-Unit Multifamily Property

1446 NW 5th Street, Bend, OR 97703

For Sale
$1,400,000

Three remodeled residences combine a primary house with two furnished accessory units and separate utilities.

Property Size2,218 SF
Price / SF$631.20
Days on Market26

Property Features for 1446 NW 5th Street

General Information

Standard status Active
Size 2,218 SF
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,032

Building Details

Building Size 2,218 SF
Year Built 1925
Tenancy Multi
Listing Agency: Cascade Hasson SIR
Listed By: Jodell Born
Source: Nexus360realty
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 5:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cascade Hasson SIR

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Investment Insights

Based on property information with market context.

Built in 1925, this 2,218-square-foot property contains three remodeled residences. The main house has two bedrooms and one bathroom, a covered front porch, a Malm fireplace, a finished basement, and separate utilities. An accessory dwelling unit provides two additional one-bedroom, one-bathroom residences, arranged on the upper and lower levels; both are furnished. All three units are rented on a monthly basis, and the property includes two off-street parking spaces.

The property is at 1446 NW 5th Street in Bend, with downtown restaurants, shops, and nightlife, as well as Deschutes River trails and parks, within walking distance.

Key Highlights

  • Three residences: a two‑bedroom, one‑bathroom main house and two one‑bedroom, one‑bathroom accessory units
  • 2,218 square feet; built in 1925
  • Main house includes a covered porch, Malm fireplace, and finished basement

Property Analytics

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,702
Businesses Nearby

Demographics for 97703, OR

32,475
Population
16,032
Households
2
Avg Household Size
45
Median Age
60%
College-Educated
98%
High-School Grad
269.8 sq mi
ZIP Area
120
Density / Sq Mi
$118,160
Median Household Income
$52,182
Median Earnings
$1,831
Median Rent
$915,900
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Bend, OR

$397 Jul
$421 Aug
$390 Sep
$329 Oct

Properties on Market for Multifamily properties in Bend

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three remodeled residences combine a primary house with two furnished accessory units and separate utilities.
Where is this multifamily property located?
The property is located at 1446 NW 5th Street Bend, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Three residences: a two‑bedroom, one‑bathroom main house and two one‑bedroom, one‑bathroom accessory units; 2,218 square feet; built in 1925; Main house includes a covered porch, Malm fireplace, and finished basement
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