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    Apartment buildings

    817 5Th St, Bend, OR 97702

    4,397 SF 0.13 ac lot Built 2025
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2025
    Total area 4,397 SF
    Lot 0.13 ac (5,663 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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