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Two-Story Apartment Building
For Sale
Contact for pricing
Pending

362 NW Riverside Boulevard, Bend, OR 97703

Charming two-story building with 4 one-bedroom units and 1 studio, plus off-street parking in the rear of an L-shaped lot.

Property SizeContact for details
Days on Market148

Property Features for 362 NW Riverside Boulevard

General Information

Standard status Pending
Property subtype Retail

Additional Details

Multifamily Units 5

Building Details

Stories 2
Tenancy Multi
Listing Agency: Coldwell Banker Bain Bend
Listed By: Cathy Del Nero · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 24 Last Checked: Sep 5 at 8:16PM

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 Coldwell Banker Bain Bend

Investment Insights

Based on property information with market context.

This two-story apartment building offers a current configuration of 4 one-bedroom units and 1 studio. The property sits on an L-shaped lot with off-street parking located in the rear, supporting convenient resident use. The seller notes development potential, with the buyer to complete their own due diligence regarding future potential.

The address is on Bend’s historic west side, about 1 1/2 blocks from the river and near Drake Park and Millers Landing Water Park, with Oregon State University’s campus roughly 1 1/2 miles away.

For buyers, the current income-producing layout plus the site’s rear parking and L-shaped configuration provide a practical basis for evaluating redevelopment or future expansion options, subject to due diligence.

Key Highlights

  • Charming two‑story building with 4 one‑bedroom units and 1 studio
  • Lots of off‑street parking in the rear of an L‑shaped lot
  • Just 1.5 blocks from the river

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Fish Market Tanning Salon Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,461
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

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Charming two-story building with 4 one-bedroom units and 1 studio, plus off-street parking in the rear of an L-shaped lot.
Where is this apartment building located?
The property is located at 362 NW Riverside Boulevard Bend, OR.
What are key features of this property?
This property features: Charming two‑story building with 4 one‑bedroom units and 1 studio; Lots of off‑street parking in the rear of an L‑shaped lot; Just 1.5 blocks from the river
More about this property
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