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$ 650,000
Est. payment /mo
New
414 Railroad ST Bend, OR 97702
1,536 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $423
MLS Listing ID 220230824
Style Contemporary
Year Built 2026
Annual Tax Amount $318
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 0.05
Property Sub-Type Duplex
Property Description
Offered at $650,000, 414 SE Railroad Street is a two-unit property in Southeast Bend near the Old Mill District and SE 3rd Street retail and services. The property includes a 732 SF two-bedroom/two-bath residence and a 466 SF one-bedroom/one-bath residence, totaling 1,198 SF of living area. Amenities include an attached garage, covered upper balcony, dedicated laundry areas in each unit, granite countertops and ductless mini-split heat pumps.
The adjacent fourplex at 404 SE Railroad Street may also be available for purchase. Contact Listing Agent for more information.
Monthly rents are $2,150 for the two-bedroom residence ($2.94/SF) and $1,750 for the one-bedroom residence ($3.76/SF), totaling $3,900 per month or $46,800 annually. Annual operating expenses are $7,603, resulting in net operating income of $39,197 and a 6.03% capitalization rate at the asking price.
The adjacent fourplex at 404 SE Railroad Street may also be available for purchase. Contact Listing Agent for more information.
Monthly rents are $2,150 for the two-bedroom residence ($2.94/SF) and $1,750 for the one-bedroom residence ($3.76/SF), totaling $3,900 per month or $46,800 annually. Annual operating expenses are $7,603, resulting in net operating income of $39,197 and a 6.03% capitalization rate at the asking price.
Location
State OR
County Deschutes
Interior
Heating Ductless
Cooling Ductless
Exterior
Parking Features Concrete
Roof Type Composition
Building
Foundation Pillar/Post/Pier
Water Public
Architectural Style Contemporary
Level or Stories Two
Structure Type Frame
New Construction No
Schools
High Schools Bend Sr High
Others
Senior Community No
Tax ID 289287
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by NAI Cascade
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