Address
1761 Ne Wichita Way, Bend, OR
Price
$ 975,000
Property Attributes
- MLS#220216973
- TypeMulti-Family
- Listing Status Active
- CountyDeschutes
- CityBend
- NeighborhoodWinchester
- Zip97701
- StyleNorthwest, Traditional
- Year Built1994
- Taxes$ 7240
- Price$ 975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3654
- Lot Size0.31 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
Four units. All leased. No vacancy history. That's the foundation. St. Charles Medical Center, Bend's largest employer, is a short walk away. That proximity isn't a coincidence. It's why this building stays full. All four two-bedroom units are currently leased at $1,530 per month, putting $6,120 in monthly gross income on the board. Two units up, two on the main level. Tenants and guests have a private asphalt parking lot, on-site coin-op laundry, and shared storage, all in a separate common area building. The deferred maintenance question? Already answered. New roof, new siding, fresh exterior paint all done. Lower near-term capital exposure and a cleaner runway for rent growth as leases turn. Zoning is RM. APOD and rent roll are on file. Interior viewing upon mutual PSA. Do not disturb tenants.
| Elementary School | Middle School | High School |
|---|---|---|
| Buckingham Elem Elementary School | Pilot Butte Middle Middle School | Mountain View Sr High High School |
| Price History | |
|---|---|
| 3/13/2026 | Listed $1,150,000 |
| 6/24/2026 | 7$1,075,000 |
| 8/11/2026 | 9$975,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Wall Furnace |
| Cooling | None |
| Roof | Composition |
| Appliances | Dishwasher,Range,Range Hood,Refrigerator,Water Heater |
| Architectural Style | Northwest,Traditional |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Construction Materials | Frame |
| Year Built | 1994 |
| Levels | Two |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| Gross Income | 73760 |
| County | Deschutes |
| Net Operating Income | 52849 |
| Operating Expense | 20911 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Winchester |
| Other Structures | Other |
| Status | Active |
| High School | Mountain View Sr High |
| City | Bend |
| Zoning Description | RM |
| Number Of Units Total | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 13503.6 |
| Elementary School | Buckingham Elem |
| Tax Annual Amount | 7240.73 |
| Middle/Junior High School | Pilot Butte Middle |
| Additional Parcels Y/N | false |
| Structure Type | Mixed Use |
| Standard Status | Active |
| Cap Rate | 5.42 |
| Sewer_co_Public_sp_Sewer | true |
| Utilities_co_Cable_sp_Available | true |
Interior Features
| Interior Amenities | Laminate Counters |
|---|---|
| Basement | None |
| Flooring | Carpet,Vinyl |
| Common Walls | 2+ Common Walls |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Window Features | Double Pane Windows,Vinyl Frames |
| Heating-Wall Furnace | true |
Exterior Features
| Parking Features | Asphalt,Parking Lot |
|---|---|
| Lot Features | Landscaped,Level |
| Water Source | Public |
| Lot Size Area | 0.31 |
| Foundation Details | Concrete Perimeter,Stemwall |
| Building Area Total | 3654 |
| Lot Size Acres | 0.31 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 97701
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 22, 2026 7:19 AM UTC Some properties which appear for sale on this website may subsequently have sold or may
