*RIGHT UNIT WILL BE VACANT AS OF DEC 1ST. Exceptional investment property located in beautiful Bend, OR. This fully remodeled duplex sits on over half an acre (.54 acres), offering fantastic potential for rental income, with the flexibility for both long-term and potential short-term rentals. With the layout and size of this property there is also potential for new development with Bend's new density codes (buyer to perform own due diligence on STR and/or new development possibilities). Each unit features 2 beds, 1 bath, private garage, fenced yard & patio. With all new finishes, modern updates and separate outdoor setting, this duplex is move-in ready and brimming with possibilities. Don't miss this opportunity to own a high-quality, turn-key investment property.
Closed
$640,000
21116 SE Reed Market Rd, Bend, OR 97702
4beds
0baths
1,706sqft
Duplex, Multi Family
Built in 1971
-- sqft lot
$643,200 Zestimate®
$375/sqft
$2,134 Estimated rent
Home value
$643,200
$605,000 - $682,000
$2,134/mo
Zestimate® history
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$3,696/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: March 08, 2026 at 10:29pm
Listed by:
Ninebark Real Estate 541-728-3009
Bought with:
Ninebark Real Estate
Source: Oregon Datashare,MLS#: 220192548
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
- Full bathrooms: 2
Heating
- Heat Pump, Wall Furnace, Wood
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
Features
- Breakfast Bar, Shower/Tub Combo
- Flooring: Laminate
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas, Wood Burning
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,706
- Total interior livable area: 1,706 sqft
Property
Parking
- Parking features: Attached, Gravel
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.54 Acres
- Features: Garden, Landscaped
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 119564
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Bend
- Subdivision: Daly Estates
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Sold | $640,000-1.5%$375/sqft |
Source:  Oregon Datashare #220192548 Report a problem | ||
| 1/28/2026 | Pending sale | $650,000$381/sqft |
Source: Oregon Datashare #220192548 Report a problem | ||
| 11/19/2025 | Price change | $650,000-0.6%$381/sqft |
Source: Oregon Datashare #220192548 Report a problem | ||
| 8/27/2025 | Price change | $654,000-0.8%$383/sqft |
Source: Oregon Datashare #220192548 Report a problem | ||
| 7/25/2025 | Price change | $659,000-1.5%$386/sqft |
Source: Oregon Datashare #220192548 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Larkspur
Nearby schools
GreatSchools rating
- 5/10Bear Creek Elementary SchoolGrades: K-5Distance: 1.3 mi
- 7/10Pilot Butte Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Bend Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Bear Creek Elem
- Middle: Pilot Butte Middle
- High: Bend Sr High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$643,200
2% more
+$12,864
With Zillow Showcase(estimated)
$656,064
- Oregon
- Deschutes County
- Bend
- 97702
- Larkspur
- 21116 SE Reed Market Rd