516 Centennial ST, Bend, OR 97702
See all 48 photos
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Patie Millen

Patie Millen

+1(541) 301-3435
$ 750,000
Est. payment /mo
Save
New

516 Centennial ST Bend, OR 97702

2,496 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $300

Subdivision Bend Park

MLS Listing ID 220230022

Style Ranch

Year Built 1976

Annual Tax Amount $3,831

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.22

Property Sub-Type Triplex

Property Description

Investment opportunity in SE Bend! This fully occupied triplex includes one 3-bedroom/1-bath unit and two 2-bedroom/1-bath units, providing immediate income with future upside. Two units have been remodeled, while major property improvements include a new roof (2016), new carport roofs (2026) ,replacement windows throughout and fresh exterior paint-helping reduce near-term capital expenses. All three residences are single level and leased month-to-month. Forward scheduled rents total $4,405 per month as of November 1, 2026, with additional rent potential in the 3-bedroom unit. Tenants pay electricity; owner pays water and sewer. Situated on a .22-acre RM-zoned lot with no HOA or CC&Rs and located within Bend's East Bend Opportunity Zone. Convenient access to shopping, dining and everyday amenities. A well-maintained multifamily property with an established rental history and meaningful improvements already completed. Buyer to verify all information and Opportunity Zone eligibility.

Location

State OR

County Deschutes

Community Bend Park

Direction GPS Friendly

Rooms

Basement None

Interior

Interior Features Primary Downstairs, Shower/Tub Combo, Solid Surface Counters

Heating Electric, Zoned

Cooling None

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Asphalt, Concrete, Detached Carport, No Garage, On Street, Storage

Pool None

Community Features Short Term Rentals Not Allowed

Roof Type Composition

Building

Lot Description Level

Foundation Slab

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools Bend Sr High

Others

Senior Community No

Tax ID 106107

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Cascade Hasson SIR

NEARBY SCHOOLS & PROPERTIES

Patie Millen

Patie Millen

Principal Broker/Owner License ID: 940200113

+1(541) 301-3435

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Millen Property Group, Real Estate Brokers, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

516 Centennial ST