Back on market with great new price. Studio Garden Apartments. Iconic Bend, Oregon apartment homes located in the heart of the community. First time ever on the market. Family developed, owned, and managed since the 1970's.
22 garden style units on 2.82 acres in a beautiful, wooded setting with seasonal canal running through. 3 two story buildings containing 10 one bed one bath apartments and 12 two bed one bath apartments. Plus two laundry rooms with storage units.
Extremely well managed and maintained. Always fully occupied.
And best of all, over an acre of developable property all zoned RM for multifamily housing.
Active
Price cut: $350K (6/5)
$4,200,000
1000 NE Butler Market Rd #1, Bend, OR 97701
--beds
0baths
18,304sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$229/sqft
$-- HOA
What's special
Wooded settingTwo story buildingsGarden style units
- 116 days
- on Zillow |
- 72 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 05:07pm
Listed by:
Compass Commercial Real Estate 541-383-2444
Source: Oregon Datashare,MLS#: 220194138

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric, Radiant, Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Water Heater
Features
- Flooring: Carpet, Laminate, Vinyl
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 18,304
- Total interior livable area: 18,304 sqft
Property
Parking
- Parking features: Asphalt, Assigned, Parking Lot
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Courtyard
- Has view: Yes
- View description: Creek/Stream, Neighborhood, Territorial
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Stream
Lot
- Size: 2.82 Acres
- Features: Landscaped, Level, Native Plants, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: Shed(s), Storage
- Parcel number: 169672
- Zoning description: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Details
- Builder name: Rogers
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Bend
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $5,393,320
- Annual tax amount: $25,934
- Date on market: 6/5/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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