516 SE Centennial Street, Bend, OR 97702

$750,000

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List Price
$750,000
MLS#
220230022
Status
ACTIVE
City
Bend
County
Deschutes
Year Built
1976

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.

Additional Information

Taxes
$3,831
Acres
0.22
View
Neighborhood
Water
Public
Heating
Electric, Zoned
Foundation
Slab
Flooring
Carpet, Simulated Wood, Vinyl
Elementary School
Juniper Elem
Middle School
Pilot Butte Middle
High School
Bend Sr High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Cascade Hasson SIR.

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