817 5Th St, Bend, OR 97702
This exceptional Class A, two-story apartment building presents a compelling investment opportunity in Bend, Oregon. Boasting 4 units totaling 4,397 square feet on a 0.13-acre lot, this 2025 new construction 4-plex offers a blend of luxury and practicality. Each unit features upgraded finishes including quartz countertops, stainless steel appliances, and waterproof LVP flooring. Three units provide 3 bedrooms and 2 bathrooms, while the fourth unit boasts 2 bedrooms and 2.5 bathrooms, each with a primary suite. All units include built-in laundry. The building's dual PTAC units ensure efficient climate control. Exterior landscaping is designed for minimal maintenance. Located in a desirable area across from Vince Genna Stadium, this property benefits from its proximity to the Bend Elks minor league baseball team and is situated within an Opportunity Zone. The asking price is $1,550,000, translating to $353 per square foot. This sale/leaseback investment offers a strong potential for long-term rental income. The property includes two buildings and two parking pads. The permitted zoning is RM. Detailed building specifications and projected rental rates are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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