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    Bend Duplex Near COCC Title is generated by Realmo AI

    2646 NW Fawn Run Lane, Bend, OR 97703

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    Claim this Listing
    Pending
    $739,000

    MULTI_FAMILY - Other - Bend, OR

    Property size:
    3,097 SF
    Lot size:
    0.19 Acres
    Added:
    May 19, 2026
    Days on Market:
    49
    Last Refresh:
    Jul 6 at 1:06 am

    Property Features for 2646 NW Fawn Run Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Window features
    Double Pane Windows
    Interior features
    Fiberglass Stall Shower, Kitchen Island, Laminate Counters, Open Floorplan, Shower/Tub Combo, Solid Surface Counters
    Fireplace
    1
    Appliances
    Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
    Standard status
    Pending
    APN
    196934
    Size
    3,097 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6278

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    2002
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Simulated wood, Vinyl, Carpet
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Rachel N Lemas
    Rachel N Lemas

    Listing agent Rachel N Lemas License #201205424

    Listing office Coldwell Banker Bain 1160 SW Simpson Ave Suite 100, Bend, OR

    Listing date May 19, 2026

    MLS# 220221633 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.

    HighLights

    • Duplex built in 2002 with upstairs 2 ensuite bedrooms per unit plus an upstairs loft for flexible space
    • Each unit has an open main‑level great room with a gas fireplace and a half bath
    • Private back patio and an attached single‑car garage for each unit
    • Upstairs laundry adds convenience near the bedrooms
    • Major updates include a new roof with heat tape and one furnace replaced in 2024
    • Public utilities: public water and public sewer; forced‑air heating; composition roof

    Overview

    Located in a quiet area of Northwest Bend, near Central Oregon Community College, this well-maintained duplex presents an opportunity for investors or owner-occupants. Each unit includes 2 upstairs ensuite bedrooms plus an upstairs loft, suitable as a work-from-home space. The main level living area features a great room layout with a gas fireplace, a half bath, an attached single-car garage, and a private back patio. Upstairs laundry adds convenience near the bedrooms. A new roof with heat tape has been installed, and one furnace was replaced in 2024. The property is located near walking paths, schools, and Northwest Bend amenities. The property, situated on a 0.19-acre lot, totals 3097 square feet. This property is suitable for expanding an investment portfolio, offsetting a mortgage with rental income, or securing a flexible multi-generational or roommate-friendly property.

    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 $66.9k $21.60
    − Vacancy −$4.8k −$1.56
    EGI $62.1k $20.04
    − OpEx −$18.6k −$6.01
    NOI $43.4k $14.03
    3,097 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $620.7K
    $543.1K – $724.1K (±1% cap)
    NOI $43,446 @ 7.0% cap · market cap 5.88%
    Second Best
    Apartment 5plus
    $566.6K
    $495.8K – $661.0K (±1% cap)
    NOI $39,662 @ 7.0% cap · market cap 5.37%
    Theoretical Best
    Specialty Retail
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,653 @ 7.0% cap · market cap 12.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Building Supply Kitchen & Bath Showroom Department Store Bar & Pub Discount Store Electronics & Wireless Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.34818
    Latitude
    44.075983

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in desirable NW Bend, ideal for investors.
    Where is this duplex located?
    The property is located at 2646 NW Fawn Run Lane Bend, OR.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: Duplex built in 2002 with upstairs 2 ensuite bedrooms per unit plus an upstairs loft for flexible space; Each unit has an open main‑level great room with a gas fireplace and a half bath; Private back patio and an attached single‑car garage for each unit
    More about this property
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