$3150000
16 Bed
16 Bath
12561 SqFt
1 DOM
Built: 1978
Real Estate Agent
(503) 336-1515Rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio in a desirable NE Bend cul-de-sac. Spread across six duplexes on three separate tax lots, this asset presents a stable income stream with multiple exit strategies and potential for future value growth. Significant capital improvements have been made, including new siding, updated windows, and rebuilt decks, reducing near-term expenses and boosting tenant retention. Each 1,046 sq. ft. unit features 2 bedrooms, 1.5 baths, in-unit washer/dryer hookups, a wood stove, and private rear deck. The functional two-level layout includes a kitchen, living area, and half bath on the main floor, with bedrooms, full bath, and laundry closet upstairs. Additional features include 7 detached garages that are rented individually and a semi-private greenbelt with mature trees. Interior finishes vary, allowing for upside through strategic unit upgrades. Located minutes from major employers, Pine Nursery Park, Costco, hospital, and dining hotspots, this portfolio is well-positioned for consistent returns and long-term appreciation. This property is professionally managed and has been pre-inspected.
Listing Provided Courtesy of Dawn Cordiner, eXp Realty, LLC
428951739
1 DOM
16
0.89 acres
16
12561
1978
MR
Deschutes
100390
Ensworth
Pilot Butte
Mountain View
MultiFamily
HOLLIDAY PARK FIRST ADDITION Lot: 16 Block: 1
Listing Provided Courtesy of Dawn Cordiner, eXp Realty, LLC
Mohan Realty Group data last checked: Jun 26, 2025 03:34 | Listing last modified Jun 25, 2025 19:01,
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