Skip main navigation
Closed
  • $1,899,000

    475 NE Underwood Ave, Bend, OR 97701

    8beds
    0baths
    6,000sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $939,900 Zestimate®
    $317/sqft
    $2,055 Estimated rent

    What's special

    Exceptional investment opportunity! This well-managed and maintained 8-plex in Bend's desirable midtown offers convenience with its proximity to Orchard Park, shopping, dining, and excellent walkability. Each 4-plex is situated on a separate tax lot, making the property eligible for residential lending on each individual 4-plex. Each single-level unit features 2 bedrooms and 1 bathroom, supported by a strong rental history. There is potential for additional units and opportunity for future growth. All units are equipped with gas wall furnaces and private decks, with units offering upgrades such as tiled showers, new paint and flooring. Some units also include window A/C units for enhanced comfort. Parking is ample with 4 designated spaces and additional guest spots. All units are currently occupied. Showings are easy to arrange! Don't miss this rare chance to own a pair of well well-kept 4-plex properties in a sought-after location, offering both stability and expansion!

    Zillow last checked: 7 hours ago

    Listing updated: February 10, 2025 at 01:58pm

    Listed by:

    Ninebark Real Estate 541-728-3009

    Bought with:

    Knightsbridge International

    Source: Oregon Datashare,MLS#: 220194004MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
    Features
    • Fiberglass Stall Shower, Laminate Counters, Primary Downstairs, Tile Counters, Tile Shower
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,000
    • Total interior livable area: 6,000 sqft

    Property

    Parking
    • Parking features: Asphalt, Parking Lot
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Courtyard
    • Fencing: Fenced
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.53 Acres
    • Features: Landscaped, Native Plants
    Details
    • Additional parcels included: Tax Map Number - 171228CB04501
    • Parcel number: 197179
    • Zoning description: RH
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Block, Concrete, Frame
    • Foundation: Block, Stemwall
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Access to Public Lands, Park, Playground
    Location
    • Region: Bend
    • Subdivision: Riverside

    Other

    Other facts
    • Listing terms: Cash,Contract,Conventional
    • Road surface type: Paved
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.