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4-Unit Multifamily Property
For Sale
$1,295,000

942 NW Delaware Avenue, Bend, OR 97703

Two 1920s homes and a duplex share an RM-zoned site with rear alley access.

Property Size2,776 SF
Lot Size0.25 Acres
Price / SF$466.50
Days on Market69

Property Features for 942 NW Delaware Avenue

General Information

Standard status Active
Size 2,776 SF
Lot size 0.25 Acres
Property subtype Residential Income
Zoning RM

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,100

Amenities

Ceiling Fan(s)
Laminate Counters
Soaking Tub
Shower/Tub Combo

Building Details

Building Size 2,776 SF
Year Built 1922
Stories 1
Units 4
Listing Agency: Keller Williams Realty Central Oregon
Listed By: Nick Arthur Holmboe
Source: Desertskyrealestate
Added: Aug 17 Changed: Oct 23 Last Checked: Oct 23 at 5:16PM

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 Keller Williams Realty Central Oregon

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Investment Insights

Based on property information with market context.

Four residential units are arranged across two homes dating to the 1920s and a duplex. The buildings total 2,776 square feet on a quarter-acre parcel zoned RM. Rear alley access serves the property, which was built in 1922.

The site is one block from Jacksons Corner and approximately half a mile from Drake Park and downtown Bend. Its existing mix of detached homes and duplex housing gives the property a distinct multifamily configuration in this westside location.

Key Highlights

  • Four units across two 1920s homes and a duplex
  • 2,776 square feet of building area on a quarter‑acre parcel
  • RM zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,973
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
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?
Multifamily property - Two 1920s homes and a duplex share an RM-zoned site with rear alley access.
Where is this multifamily property located?
The property is located at 942 NW Delaware Avenue Bend, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Four units across two 1920s homes and a duplex; 2,776 square feet of building area on a quarter‑acre parcel; RM zoning
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