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    Property profile & analytics

    3 Cleveland Ave Bend, OR 97702

    • Commercial real estate
    • 6,280 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0760188
    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

    • Maxed Out Beats / Drum School
    • M.B. Mobile Services LLC / Landscaper / Oil Change Service

    Property Details for 3 Cleveland Ave

    Year built
    1979
    Lot size
    0.48 lot acres
    Property size
    6,280 SF
    Property type
    Commercial real estate
    APN
    181205DA05501 ; 181205DA05504

    Description

    This exceptional multifamily investment property, located in the heart of Bend, Oregon (97702), presents a compelling value-add opportunity. Situated on two separate tax lots (APN: 181205DA05501

    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
    -121.3075194
    Latitude
    44.0417534

    Comparable in this City

    • $1,350,000
      2,336 SF

      Versatile Duplex with ADU Potential

      Spacious duplex on 1.14 acres with two ADUs.
      61620 Daly Estates Dr, Bend, OR 97702
      View Details
    • $789,995
      Pending

      Bend Duplex in Prime Location

      Well-maintained duplex in SE Bend near shops, restaurants, and parks.
      61683 Daly Estates Dr, Bend, OR 97702
      View Details
    • $630,000
      Pending

      Bend Duplex: Investment Opportunity

      Charming duplex in SE Bend, great investment or owner-occupy opportunity.
      501 SE Wilson Ave, Bend, OR 97702
      View Details
    • $859,000
      0.23 Acres

      Remodeled Triplex in Bend, Oregon

      Investment opportunity: remodeled triplex with garages and fenced yards.
      688 SE Centennial St, Bend, OR 97702
      View Details
    • $1,495,000
      4,397 SF

      New Construction Bend 4-Plex

      New construction 4-plex with upgraded finishes in up-and-coming location.
      477 SE Roosevelt Ave, Bend, OR 97702
      View Details
    • $199,900

      Spacious Home in Golfside Park

      Home on large corner lot in desirable Golfside Park.
      20176 Hawes Ln, Bend, OR 97702
      View Details

    Similar Nearby for Sale

    • $1,350,000
      2,336 SF

      Versatile Duplex with ADU Potential

      Spacious duplex on 1.14 acres with two ADUs.
      61620 Daly Estates Dr, Bend, OR 97702
      View Details
    • $789,995
      Pending

      Bend Duplex in Prime Location

      Well-maintained duplex in SE Bend near shops, restaurants, and parks.
      61683 Daly Estates Dr, Bend, OR 97702
      View Details
    • $1,495,000
      4,397 SF

      New Construction Bend 4-Plex

      New construction 4-plex with upgraded finishes in up-and-coming location.
      477 SE Roosevelt Ave, Bend, OR 97702
      View Details
    • $859,000
      0.23 Acres

      Remodeled Triplex in Bend, Oregon

      Investment opportunity: remodeled triplex with garages and fenced yards.
      688 SE Centennial St, Bend, OR 97702
      View Details
    • $199,900

      Spacious Home in Golfside Park

      Home on large corner lot in desirable Golfside Park.
      20176 Hawes Ln, Bend, OR 97702
      View Details
    • $630,000
      Pending

      Bend Duplex: Investment Opportunity

      Charming duplex in SE Bend, great investment or owner-occupy opportunity.
      501 SE Wilson Ave, Bend, OR 97702
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      17,000 SF

      Bend Office Suite - Prime Location

      4,133 SF Office Space Available in Bend, OR
      296 Columbia St, Bend, OR 97702
      View Details
    • $27 SF/Yr
      6,323 SF

      Bend Restaurant - High Visibility

      Prime Bend restaurant space, 6,323 sq ft.
      1441 Chandler Ave, Bend, OR 97702
      View Details
    • $2 SF/Yr
      5,894 SF

      Westside Bend Medical Office Space

      Sublease medical office space near OSU Cascades through 2027.
      1715 SW Chandler Ave, Bend, OR 97702
      View Details
    • $21 SF/Yr
      88,229 SF

      Bond Street Creative Office Space

      Class A Office, Bend, OR - Multiple Suites Available
      360 Bond St, Bend, OR 97702
      View Details
    • Contact for pricing
      1,829 SF

      Class A Medical Office Space

      Built-out medical office space with ample parking available for rent.
      1140 SW Simpson Ave, Bend, OR 97702
      View Details
    • $11 SF/Yr
      1,800 SF

      Bend Office Space: 1,800 SF Available

      Prime Bend location, 1,800 sq ft office space for lease.
      235 Yew Ln, Bend, OR 97702
      View Details
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    3 Cleveland Ave
    Bend, OR 97702
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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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