62041 PlBend, OR 97701

Property Details for 62041 Pl

Year built

2006

Lot size

0.24 AC

Property size (Sq ft)

6,252 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Bend

County

Deschutes

State

Oregon

Latitude

44.0529

Longitude

-121.273

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