Two-Bed Two-Bath
726 NE SAVANNAH Dr Bend, OR 97701
New
For Sale
$629,000
MULTI_FAMILY - Bend, OR
Property Size1,988 SF
Lot Size0.19 Acres
Price / SF$316.40
Days on Market3
Property Features for 726 NE SAVANNAH Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Standard status
Active
APN
194745
Size
1,988 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Description
PILOT BUTTE PARK DEVELOPMENT PHASE II + IV Lot 11 Block
Tax Annual Amount
4383
Utilities
Heating system
Forced Air
Building Details
Year built
2000
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Stephanie Peters
(503) 799-0220
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 2:06AM
MLS# 354624661
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turn-key duplex offers two bedrooms and two bathrooms in each unit, with functional layouts designed for comfortable living. The property is presented with leases already in place, generating approximately $3,500 per month in rental income. Updates include washer/dryer sets, refrigerators, and ovens.
Located on Bend’s Northeast side, the duplex is described as being just moments from Pilot Butte, with access to hiking trails, shopping, dining, and the outdoor recreation of Central Oregon. The listing is under RES zoning.
The duplex is offered for sale with a property size of 1,988 square feet and a lot size of approximately 0.19 acres.
Located on Bend’s Northeast side, the duplex is described as being just moments from Pilot Butte, with access to hiking trails, shopping, dining, and the outdoor recreation of Central Oregon. The listing is under RES zoning.
The duplex is offered for sale with a property size of 1,988 square feet and a lot size of approximately 0.19 acres.
Key Highlights
- Duplex built in 2000 on Bend’s Northeast side
- 4 bedrooms and 4 bathrooms total, with each unit featuring 2 bedrooms and 2 bathrooms
- Leases are in place generating approximately $3,500 per month in rental income
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 | $42.9k | $21.60 |
| − Vacancy | −$3.1k | −$1.56 |
| EGI | $39.8k | $20.04 |
| − OpEx | −$12.0k | −$6.01 |
| NOI | $27.9k | $14.03 |
1,988 SF · lease $21.60/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$398.4K
$348.6K – $464.8K
NOI $27,888 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$363.7K
$318.3K – $424.3K
NOI $25,460 @ 7.0% cap · market cap 4.05%
Theoretical Best
Specialty Retail
$858.8K
$751.5K – $1.00M
NOI $60,117 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turn-key duplex on Bend’s northeast side with two bedrooms and two bathrooms in each unit.
Where is this duplex located?
The property is located at 726 NE SAVANNAH Dr Bend, OR.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Duplex built in 2000 on Bend’s Northeast side; 4 bedrooms and 4 bathrooms total, with each unit featuring 2 bedrooms and 2 bathrooms; Leases are in place generating approximately $3,500 per month in rental income
