414 SE Railroad Street, Bend, OR 97702
- $650,000
- List Price
- $650,000
- MLS#
- 220230824
- Status
- ACTIVE
- City
- Bend
- County
- Deschutes
- Year Built
- 2026
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.
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Additional Information
- Taxes
- $318
- Acres
- 0.05
- Water
- Public
- Heating
- Ductless
- Foundation
- Pillar/Post/Pier
- Flooring
- Carpet, Laminate
- Elementary School
- Juniper Elem
- Middle School
- Pilot Butte Middle
- High School
- Bend Sr High
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Listing courtesy of NAI Cascade.
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