Tenant-Occupied Duplex with
2074 NE Chanel Court, Bend, OR 97701
For Sale
$649,000
Residential Income, Bend, OR
Property Size2,376 SF
Lot Size0.23 Acres
Price / SF$273.15
Days on Market99
Property Features for 2074 NE Chanel Court
General Information
Property type
Property subtype
Zoning description
Parking features
Window features
Patio and Porch features
Interior features
Fireplace
Appliances
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Stephanie Peters
(503) 799-0220
Added: Aug 7
Changed: Oct 27
Last Checked: Nov 13 at 9:06AM
MLS# 220226861
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.
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Investment Insights
Based on property information with market context.
This 2,376-square-foot duplex contains two 2-bedroom, 2-bathroom residences, both currently occupied by tenants. Each unit includes walk-in closets, a breakfast bar, a gas fireplace, a dedicated laundry room, a private 1-car garage, an additional assigned parking space, a backyard patio, and a fenced private outdoor area. Recent property improvements include carpet installed in 2023, along with a newer microwave and dishwasher. The ranch-style building was constructed in 1998 and has forced-air heating, window or wall-unit cooling, public water, public sewer, and a composition roof.
Set on 0.23 acres in a cul-de-sac at the base of Pilot Butte, the duplex is positioned on Bend’s Northeast side. Shopping, dining, recreation, the hospital, and commuter routes are accessible from the property. One unit is leased month-to-month, while the other has a lease extending through December 2026.
Set on 0.23 acres in a cul-de-sac at the base of Pilot Butte, the duplex is positioned on Bend’s Northeast side. Shopping, dining, recreation, the hospital, and commuter routes are accessible from the property. One unit is leased month-to-month, while the other has a lease extending through December 2026.
Key Highlights
- 2,376‑square‑foot duplex on a 0.23‑acre parcel
- Two 2‑bedroom, 2‑bathroom units, both currently tenant occupied
- Each unit includes a private 1‑car garage and an additional dedicated parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,331
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,620
$666.6K
Cap Rate 7%
$476,157
$476.2K
Cap Rate 9%
$370,344
$370.3K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$51.3K $21.60/SF
− Vacancy
−$3.7K −$1.56/SF
EGI
$47.6K $20.04/SF
− OpEx
−$14.3K −$6.01/SF
NOI
$33.3K $14.03/SF
Area
Bend, OR
Vacancy
7.22%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,620
Cap Rate 7%
$476,157
Cap Rate 9%
$370,344
Alternative Uses
Best Use
Multifamily LT 5
$476.2K
$416.6K – $555.5K
NOI $33,331 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$434.7K
$380.4K – $507.2K
NOI $30,429 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$1.03M
$898.1K – $1.20M
NOI $71,850 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,756
Businesses Nearby
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Business Placement
Demographics for 97701, OR
42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Deschutes County, OR
Properties on Market for Duplexes in Deschutes County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences feature private outdoor areas, fireplaces, dedicated laundry rooms, and individual parking accommodations.
Where is this duplex located?
The property is located at 2074 NE Chanel Court Bend, OR.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2,376‑square‑foot duplex on a 0.23‑acre parcel; Two 2‑bedroom, 2‑bathroom units, both currently tenant occupied; Each unit includes a private 1‑car garage and an additional dedicated parking space
