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Two-Unit Duplex with Attached Garages
For Sale
$650,000

61367 Sally Lane, Bend, OR 97702

Residential Income, Bend, OR

Property Size2,495 SF
Lot Size0.12 Acres
Price / SF$260.52
Days on Market77

Property Features for 61367 Sally Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description M
Parking features Assigned, On Street, Open, Driveway
Window features Vinyl Frames, Double Pane Windows
Interior features Breakfast Bar, Fiberglass Stall Shower, Laminate Counters, Linen Closet, Open Floorplan, Pantry, Shower/Tub Combo, Solid Surface Counters
Appliances Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
Subdivision Porter James
Lot features Fenced, Landscaped, Level
View Territorial
Elementary school Pine Ridge Elem
Middle school Cascade Middle
High school Bend Sr High
Directions Hwy. 97 to Powers Exit/West. Left on Blakely, Rt. on Porter Pl., Rt. onto Sally Lane. On the left.
Standard status Active
APN 246278
Size 2,495 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4762

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Amenities

fenced yards

Building Details

Year built 2005
Floors in Building 2
Number of units 2
Flooring type Laminate, Vinyl, Carpet
Building materials Frame
Roof type Composition
Architectural style Craftsman
Additional Structures Gazebo
Listing Agency: Bend Premier Real Estate LLC
Listed By: Diane Lozito
Added: Aug 5 Changed: Oct 19 Last Checked: Oct 20 at 6:06AM
MLS# 220226551

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 2005 duplex contains 2,495 square feet across two homes on a 0.12-acre lot. The larger residence offers 1,412 square feet, three bedrooms, 2.5 baths, and an attached two-car garage. Recent updates include new counters, paint, and laminate flooring. The second home has 1,083 square feet, two bedrooms, 1.5 baths, and an attached one-car garage. One unit is available for occupancy, while the other is currently leased.

The property is near the Old Mill District, with access to the Bend Parkway and a 10-minute drive to downtown Bend. Both residences have attached garages, and the property is served by public water and sewer.

Key Highlights

  • Two residences total 2,495 square feet on a 0.12‑acre lot
  • Unit 1: 1,412 SF, 3 bedrooms, 2.5 baths, attached 2‑car garage
  • Unit 2: 1,083 SF, 2 bedrooms, 1.5 baths, attached 1‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,001
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,020 $700.0K
Cap Rate 7%
$500,014 $500.0K
Cap Rate 9%
$388,900 $388.9K
Market Conditions
NOI Build-Up for 2,495 SF
Gross rent
$53.9K $21.60/SF
− Vacancy
−$3.9K −$1.56/SF
EGI
$50.0K $20.04/SF
− OpEx
−$15.0K −$6.01/SF
NOI
$35.0K $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%
$700,020
Cap Rate 7%
$500,014
Cap Rate 9%
$388,900

Alternative Uses

Best Use
Multifamily LT 5
$500.0K
$437.5K – $583.4K (±1% cap)
NOI $35,001 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$456.5K
$399.4K – $532.6K (±1% cap)
NOI $31,953 @ 7.0% cap · market cap 4.92%
Theoretical Best
Specialty Retail
$1.08M
$943.1K – $1.26M (±1% cap)
NOI $75,449 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

Demographics for 97702, OR

51,161
Population
23,318
Households
2.2
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
103.5 sq mi
ZIP Area
494
Density / Sq Mi
$89,094
Median Household Income
$47,743
Median Earnings
$1,825
Median Rent
$620,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - One residence has been remodeled and is available to occupy; the second is leased.
Where is this duplex located?
The property is located at 61367 Sally Lane Bend, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two residences total 2,495 square feet on a 0.12‑acre lot; Unit 1: 1,412 SF, 3 bedrooms, 2.5 baths, attached 2‑car garage; Unit 2: 1,083 SF, 2 bedrooms, 1.5 baths, attached 1‑car garage
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