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Investment Highlights

  • Proven rental history
  • Desirable rental location
  • Low Maintenance

Executive Summary

Spacious, well-kept duplex ideally situated at the base of Pilot Butte State Viewpoint and Park. Each side offers 1,479 sq. ft of living space with 3 bedrooms, 2.5 baths, and a generous bonus room that can serve as a 4th bedroom. The main level features an open-concept layout with a comfortable living area, kitchen with breakfast bar, half bath, and direct access to the attached single-car garage. Upstairs, the primary suite boasts a walk-in closet, private bath, and balcony. Outdoor amenities include back patios and lawn space for each unit. With a proven rental track record and close proximity to parks, trails, shopping, and medical services, this property is a strong investment opportunity. For more details and rental proforma, contact the listing broker.

Property Facts

Price $715,000
Price Per Unit $357,500
Sale Type Investment
Sale Condition 1031 Exchange
Gross Rent Multiplier 14.68
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.10 AC
Building Size 2,958 SF
Average Occupancy 100%
No. Stories 3
Year Built 2002
Opportunity Zone Yes
Zoning RM - Residential

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Carpet
  • Deck
  • Dining Room
  • Porch
  • Vinyl Flooring
  • Large Bedrooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 2 $2,100 1,479
Moderately walkable
60/100
Moderately drivable
70/100
Minimal public transit
10/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
203303
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$330,260
  • Listing ID: 37381438

  • Date on Market: 8/22/2025

  • Last Updated:

  • Address: 1419 NE Lucinda Ct, Bend, OR 97701

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