For Sale
$2,100,000

62041 PlBend, OR 97701

Four-unit rental portfolio, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a meticulously maintained four-unit quadruplex ideally situated in Bend, Oregon. Built in 2006 and renovated in 2020, this property boasts a total of 6,252 square feet across four separately deeded units, each spanning 1,563 square feet. Each unit features three bedrooms and two and a half bathrooms, offering a desirable floor plan for renters. The open layouts include a gas fireplace, spacious kitchen with pantry, dining area, and in-unit laundry. Upstairs, you'll find the primary suite complete with a walk-in closet and two additional bedrooms. Convenient alley access leads to attached single-car garages for each unit. Individually metered utilities provide flexibility for owners. The property sits on a 0.24-acre lot and is zoned RM. This prime location offers proximity to schools, shopping centers, the hospital, Pilot Butte State Park, and downtown Bend. Excellent rental history with current market rate rents ensures a strong return on investment. One unit features solar panels and a fenced front yard. The asking price is $2,100,000, representing a price per unit of $525,000 and a price per square foot of $335.89. This is a rare opportunity to acquire a high-performing multifamily property in a thriving Oregon market.

Highlights

  • $2,100,000 asking price for a four-unit multifamily property.
  • 6,252 square feet total, averaging 1,563 square feet per unit.
  • Four units, each a 3 bed/2.5 bath single-family home.
  • Built in 2006, renovated 2 years ago.
  • Located in Bend, Oregon, in Deschutes County, near schools, shopping, and Pilot Butte State Park.
  • Each unit features an open floor plan, gas fireplace, and attached single-car garage.

Property Details for 62041 Pl

Property type
Residential income homes
Square Feet
6,252 SF
Year Built/Renovated
2006/2
Stories
2
Lot Size (sq. ft)
10,454 SF
Units
4

Location Insight

City
Bend
County
Deschutes
State
Oregon
Latitude
44.052857
Longitude
-121.273488
62041 Pl, Bend, Oregon

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62041 Pl
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