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    Bend, OR Multifamily Properties for Sale

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    Sunriver, OR Redmond, OR Powell Butte, OR Sisters, OR Terrebonne, OR La Pine, OR Prineville, OR
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    Bend Multifamily Investment Opportunity
    Updated: May 13
    Bend Multifamily Investment Opportunity

    2422-2444 NE Conners Ave, Bend, OR 97701

    $2,585,000
    12,314 sqft
    Fully leased 10‑unit multifamily property providing stable cash flow.
    Significant rental upside as rents adjust to market rates in a proven Bend submarket.
    Eight spacious two‑bedroom townhome‑style apartments with attached garages.
    Larger floor plans than typical apartments in the submarket.
    Located near St. Charles Medical Center.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2422-2444 NE Conners Ave, Bend, OR 97701

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $158K
      Annual

    • Price @ 7% Cap

      $2.25M
      Suggested
    View Property Analytics
    Turn-Key Duplex with Two-Bedroom Units
    Updated: Jul 10
    Turn-Key Duplex with Two-Bedroom Units

    726 NE Savannah Drive, Bend, OR 97701

    $629,000
    1,988 sqft 0.19 AC lot
    Duplex built in 2000 with two bedrooms and two bathrooms per unit
    Leases already in place generating approximately $3,500 per month in rental income
    Public water and public sewer service
    Forced‑air heating
    Composition roof
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    Duplex with Two ADU Apartments
    Duplex with Two ADU Apartments

    61620 DALY ESTATES Dr, Bend, OR 97702

    $1,350,000
    2,336 sqft 1.14 AC lot

    A duplex on 1.14 acres with private entrances and two additional ADU apartments, creating four total living spaces.

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    Bend Multifamily Property with Development Potential
    Bend Multifamily Property with Development Potential

    61683 Daly Estates Drive, Bend, OR 97702

    $789,995
    2,352 sqft 0.29 AC lot

    Well-maintained duplex in SE Bend with development potential.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic Mixed-Use Hospitality Building
    Historic Mixed-Use Hospitality Building

    1033 NW Bond Street, Bend, OR 97703

    $5,000,000
    8,766 sqft

    Restored historic building with leased dining space and three apartments, plus permits for European-style hotel conversion.

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    Residential Income Property
    Residential Income Property

    931 NW Carlon Avenue, Bend, OR 97703

    $1,500,000
    4,416 sqft

    Residential income multifamily property available for sale at 931 NW Carlon Avenue in Bend, OR.

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    42-Unit Garden-Style Apartment Community
    42-Unit Garden-Style Apartment Community

    1280-1330 NE Purcell Blvd, Bend, OR 97701

    $8,777,000
    37,712 sqft 1.98 AC lot

    Forty-two two-bedroom flats in six two-story buildings with covered parking and 100% occupancy.

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    Remodeled Bend Quadplex For Sale
    Remodeled Bend Quadplex For Sale

    404 SE Railroad Street, Bend, OR 97702

    $1,050,000
    2,392 sqft 0.23 AC lot

    Four-unit multifamily property in Bend, Oregon, remodeled in 2022/23.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Bend, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Duplex Residential Investment
    Two-Duplex Residential Investment

    2211 SW Quartz Avenue, Redmond, OR 97756

    $980,000
    5,088 sqft 0.55 AC lot

    Two well-maintained duplexes on a single lot offer four 2BD/2BA units, each with an attached garage and fenced backyard.

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    Upgraded Duplex with Attached Garages
    Upgraded Duplex with Attached Garages

    2412 SW WICKIUP Ave, Redmond, OR 97756

    $565,000
    1,638 sqft 0.34 AC lot

    Two mirror-image units with 2 bedrooms and 1 bath, attached single-car garages, storage, and RV parking.

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    Six Duplex Portfolio With Garages
    Six Duplex Portfolio With Garages

    1147 SW Tee Lane, Prineville, OR 97754

    $2,700,000
    2,400 sqft 0.17 AC lot

    Turnkey portfolio of six maintained duplex buildings with enclosed garages and en-suite bedroom layouts.

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    Well-Maintained Duplex Portfolio
    Well-Maintained Duplex Portfolio

    1147 SW Tee Lane, Prineville, OR 97754

    $2,700,000
    2,400 sqft 0.17 AC lot

    Block of six duplexes, twelve units, fully occupied, turnkey.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreational Land Near River, Bend
    Recreational Land Near River, Bend

    16852 ELSINORE RD, Bend, OR 97707

    $78,000
    0.57 AC lot

    0.57 acres near the river, ideal for recreation.

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    Recreational Land in Juniper Hills
    Recreational Land in Juniper Hills

    16556 SE Antelope Creek Drive, Prineville, OR 97754

    $100,000
    2.54 AC lot

    2.54-acre recreational lot with utilities and RV hookups.

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    Acre Land Parcel in Chiloquin
    Acre Land Parcel in Chiloquin

    Cloudcap Drive, Chiloquin, OR 97624

    Contact for pricing
    1.00 AC lot

    One acre land parcel with utilities in Chiloquin, Oregon.

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    Buildable Land in Chiloquin, Oregon
    Buildable Land in Chiloquin, Oregon

    Jean Street, Chiloquin, OR 97624

    Contact for pricing
    1.13 AC lot

    1.13 acre buildable lot near Sprague River.

    View details

    Off-Market Properties in Bend, OR

    Consider similar Off-Market properties in Bend, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    330 Woodland Blvd
    MOBILE HOME PARK, TRAILER PARK

    330 Woodland Blvd, Bend, OR 97702-1613

    Value Estimation by Request
    9 sqft 0.34 AC lot
    View details
    550 Franklin Ave, Unit 6
    APARTMENT HOUSE (5+ UNITS)

    550 Franklin Ave, Bend, OR 97703-2892

    Unit 6
    $630,000
    Estimated value
    1,197 sqft
    View details
    2012 Neil Way
    APARTMENT HOUSE (5+ UNITS)

    2012 Neil Way, Bend, OR 97701-6080

    $940,000
    Estimated value
    5,692 sqft 0.35 AC lot
    View details
    2745 Ordway Ave
    APARTMENT HOUSE (5+ UNITS)

    2745 Ordway Ave, Bend, OR 97703-6742

    $915,000
    Estimated value
    0.58 AC lot
    View details
    135 Revere Ave
    APARTMENT HOUSE (5+ UNITS)

    135 Revere Ave, Bend, OR 97703-1338

    $1,750,000
    Estimated value
    3,153 sqft 0.08 AC lot
    View details
    550 Franklin Ave, Unit 548
    APARTMENT HOUSE (5+ UNITS)

    550 Franklin Ave, Bend, OR 97703-2896

    Unit 548
    $600,000
    Estimated value
    1,197 sqft
    View details
    1419 8th St, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    1419 8th St, Bend, OR 97703-2285

    Unit 101
    Value Estimation by Request
    5,080 sqft 0.14 AC lot
    View details
    1125 Watt Way
    APARTMENT HOUSE (100+ UNITS)

    1125 Watt Way, Bend, OR 97701-5353

    $46,725,000
    Estimated value
    195,178 sqft 3.75 AC lot
    View details
    Bend, OR 97702
    MOBILE HOME PARK, TRAILER PARK

    Bend, OR 97702

    Value Estimation by Request
    6 sqft 0.49 AC lot
    View details
    Bend, OR 97701
    APARTMENT HOUSE (5+ UNITS)

    Bend, OR 97701

    Value Estimation by Request
    25,551 sqft 1.36 AC lot
    View details
    Bend, OR 97703
    APARTMENT HOUSE (5+ UNITS)

    Bend, OR 97703

    $1,160,000
    Estimated value
    1,742 sqft
    View details
    54 Lk Pl
    APARTMENT HOUSE (5+ UNITS)

    54 Lk Pl, Bend, OR 97703-2953

    Value Estimation by Request
    3,418 sqft 0.23 AC lot
    View details
    611 Bellevue Dr
    APARTMENT HOUSE (100+ UNITS)

    611 Bellevue Dr, Bend, OR 97701-2098

    $11,975,000
    Estimated value
    108,033 sqft 2.48 AC lot
    View details
    2020 Linnea Dr
    APARTMENT HOUSE (100+ UNITS)

    2020 Linnea Dr, Bend, OR 97701-6201

    Value Estimation by Request
    204 sqft 8.62 AC lot
    View details
    550 Franklin Ave, Unit 558
    APARTMENT HOUSE (5+ UNITS)

    550 Franklin Ave, Bend, OR 97703-2897

    Unit 558
    Value Estimation by Request
    996 sqft
    View details
    63146 Deschutes Market Rd, Unit 101
    APARTMENT HOUSE (5+ UNITS)

    63146 Deschutes Market Rd, Bend, OR 97701-8900

    Unit 101
    $5,615,000
    Estimated value
    22,629 sqft 3.16 AC lot
    View details

    Bend, OR Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Bend, OR, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 72,276 square feet of properties for sale, with an estimated market value of $21,680,995.

    Sale prices for multifamily properties in Bend, OR start at $629,000, averaging $2,710,124, and reaching up to $8,777,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 2
    Quadplexes 2
    Triplexes 1

    Demographics Overview

    Population 137K
    Population Growth (5Y) -8.1%
    Median Household Income $92,693
    College Educated 45.6%

    High-Yield Neighborhoods for Investment

    Identify Bend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97702 $1.1M
    97701 $5.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.43%
    Property Tax per SF $10.59 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Deschutes County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Deschutes County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Bend fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Bend, OR

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    • 97702
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