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    Property profile & analytics

    2022 Neil Way Bend, OR 97701-6075

    • Apartment buildings
    • 7,168 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0480113
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2022 Neil Way

    Year built
    1991
    Lot size
    0.41 lot acres
    Property size
    7,168 SF
    Property type
    Apartment buildings
    APN
    171227 DB 00500
    APU
    171227DB00500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.273
    Latitude
    44.0729
    CBSA code
    13460
    CBSA name
    BEND, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,476
    $0.00
    $0.00
    $717,830
    -
    $552,370
    $929,310
    $1,481,680

    Comparable in this City

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      4.23 Acres

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      40,224 SF

      488 Bellevue Dr

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      7,520 SF

      1850 Lotus Dr

      APARTMENT HOUSE (5+ UNITS) • 7,520 SF
      1850 Lotus Dr, Bend, OR 97701-6151
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      195,178 SF

      1125 Watt Way

      APARTMENT HOUSE (100+ UNITS) • 195,178 SF
      1125 Watt Way, Bend, OR 97701-5353
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      25,551 SF

      Bend, OR 97701

      APARTMENT HOUSE (5+ UNITS) • 25,551 SF
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    • Value Estimation by Request
      0.57 Acres

      20540 Empire Ave

      Multifamily properties • 0.57 Acres
      20540 Empire Ave, Bend, OR 97701
      View Details

    Similar Nearby for Sale

    • New
      $3,150,000
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      Multifamily Portfolio in Bend, Oregon

      Fully occupied 12-unit multifamily portfolio in a desirable location.
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    • $1,050,000
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      Two duplexes with recent upgrades, great rents, and spacious units.
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    • $1,050,000
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      Bend Quadruplex in Quiet Cul-de-Sac

      Two duplexes with refreshed exteriors and recent upgrades in Bend.
      2025 NE Neil Way, Bend, OR 97701
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    • $1,050,000
      0.27 Acres

      Bend Quadruplex in Quiet Cul-de-Sac

      Two duplexes in a desirable location with recent upgrades.
      2026 NE Neil Way, Bend, OR 97701
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    • $999,000
      0.15 Acres

      Bend, Oregon Triplex Investment

      Triplex in desirable location near hospital and shopping.
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    • $1,100,000
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      Bend Commercial Investment Opportunity

      Subway-Tenanted Building, High Visibility
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    Similar Nearby for Lease

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    • $2 SF/Yr
      894 SF

      Retail Space Available For Lease

      Retail space available for lease in Bend, Oregon.
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      16,694 SF

      Medical Office Space Available

      Built-out medical office space near St. Charles Hospital.
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      Bend Executive Office Suites

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    2022 Neil Way
    Bend, OR 97701-6075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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