Rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio in a desirable NE Bend cul-de-sac. Spread across six duplexes on three separate tax lots, this asset presents a stable income stream with multiple exit strategies and potential for future value growth. Significant capital improvements have been made, including new siding, updated windows, and rebuilt decks, reducing near-term expenses and boosting tenant retention. Each 1,046 sq. ft. unit features 2 bedrooms, 1.5 baths, in-unit washer/dryer hookups, a wood stove, and private rear deck. The functional two-level layout includes a kitchen, living area, and half bath on the main floor, with bedrooms, full bath, and laundry closet upstairs. Additional features include 7 detached garages that are rented individually and a semi-private greenbelt with mature trees. Interior finishes vary, allowing for upside through strategic unit upgrades. Located minutes from major employers, Pine Nursery Park, Costco, hospital, and dining hotspots, this portfolio is well-positioned for consistent returns and long-term appreciation. This property is professionally managed and has been pre-inspected.
Listing Provided Courtesy of Dawn Cordiner, eXp Realty, LLC
General Information
428951739
63
DOM
16
0.89 acres
16
12561
1978
MR
Deschutes
100390
Ensworth 5/10
Pilot Butte 5/10
Mountain View 4/10
MultiFamily
HOLLIDAY PARK FIRST ADDITION Lot: 16 Block: 1
Listing Provided Courtesy of Dawn Cordiner, eXp Realty, LLC
Krishna Realty data last checked: Aug 27, 2025 15:26 | Listing last modified Aug 27, 2025 01:21,
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Residence Information
12561
16
16
Composition
7,
Driveway,OffStreet
2
1978
No
T111Siding
CrawlSpace
CrawlSpace
ConcretePerimeter,St
Features and Utilities
None
Electricity
Baseboard, WoodStove
PublicSewer
Electricity
Electricity, WoodBurning
Financial
19620
Sewer,Water
Cash,Conventional
06-25-2025
No
No
Comparable Information
63
63
Cash,Conventional
$3,150,000
$3,150,000
Aug 27, 2025 01:21
Schools
public Elementary : Ensworth
5/10Ratingspublic Middle : Pilot Butte
5/10Ratingspublic High : Mountain View
4/10Ratings
Rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio in a desirable NE Bend cul-de-sac. Spread across six duplexes on three separate tax lots, this asset presents a stable income stream with multiple exit strategies and potential for future value growth. Significant capital improvements have been made, including new siding, updated windows, and rebuilt decks, reducing near-term expenses and boosting tenant retention. Each 1,046 sq. ft. unit features 2 bedrooms, 1.5 baths, in-unit washer/dryer hookups, a wood stove, and private rear deck. The functional two-level layout includes a kitchen, living area, and half bath on the main floor, with bedrooms, full bath, and laundry closet upstairs. Additional features include 7 detached garages that are rented individually and a semi-private greenbelt with mature trees. Interior finishes vary, allowing for upside through strategic unit upgrades. Located minutes from major employers, Pine Nursery Park, Costco, hospital, and dining hotspots, this portfolio is well-positioned for consistent returns and long-term appreciation. This property is professionally managed and has been pre-inspected.
