Views - Primary on Main
Address
475 Se Douglas Street, Bend, OR
Price
$ 585,000
Property Attributes
- MLS#220224612
- TypeMulti-Family
- Listing Status Active
- CountyDeschutes
- CityBend
- AreaSE
- NeighborhoodBend Park
- Zip97702
- StyleRanch
- Year Built1948
- Taxes$ 2318
- Price$ 585,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1426
- Lot Size0.14 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
Turn key Duplex! Secure a stabilized, low-maintenance asset with immediate, strong cash flow in one of Bend's most resilient rental markets. This updated duplex (2bd/1 ba and 1bd/1 ba) offers the perfect blend of immediate yield and long-term equity growth, with several major improvements including the roof, most windows, flooring, paint and appliances all within the last 6 years. Excellent addition to a portfolio, an ideal candidate for a 1031 exchange, or a premier house-hacking opportunity to live in one unit while the other covers your mortgage. Don't miss a turnkey opportunity where the heavy lifting is done and the returns start on Day 1. Minutes to the Old Mill, Wilson Ave corridor, Vince Genna stadium, restaurants, grocery, and more.
| Elementary School | Middle School | High School |
|---|---|---|
| Juniper Elem Elementary School | Pilot Butte Middle Middle School | Bend Sr High High School |
| Price History | |
|---|---|
| 7/3/2026 | Listed $585,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | None |
| Roof | Composition |
| Appliances | Dishwasher,Range,Range Hood,Refrigerator,Water Heater |
| Architectural Style | Ranch |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Construction Materials | Frame |
| Exclusions | Tenants personal property |
| Year Built | 1948 |
| View | Neighborhood |
| Levels | One |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Gross Income | 45587 |
| County | Deschutes |
| Net Operating Income | 37987 |
| Operating Expense | 3920 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Bend Park |
| Status | Active |
| Directions | Wilson Ave, north on Douglas St. |
| High School | Bend Sr High |
| City | Bend |
| Zoning Description | RM |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6098.4 |
| Elementary School | Juniper Elem |
| Tax Annual Amount | 2318.36 |
| Middle/Junior High School | Pilot Butte Middle |
| Additional Parcels Y/N | false |
| Structure Type | House |
| Standard Status | Active |
| Tax Lot | PT 20 |
| Cap Rate | 6.4 |
| Sewer_co_Public_sp_Sewer | true |
Interior Features
| Interior Amenities | Primary Downstairs,Shower/Tub Combo |
|---|---|
| Basement | None |
| Flooring | Laminate,Tile,Vinyl |
| Common Walls | 1 Common Wall |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Window Features | Double Pane Windows |
Exterior Features
| Parking Features | Driveway,No Garage,On Street |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Inclusions | Kitchen appliances |
| Lot Size Area | 0.14 |
| Foundation Details | Slab |
| Building Area Total | 1426 |
| Lot Size Acres | 0.14 |
| 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 97702
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 23, 2026 7:20 AM UTC Some properties which appear for sale on this website may subsequently have sold or may
