516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
516 Centennial ST, Bend, OR 97702
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$ 750,000
Est. payment | /mo

2,496 SqFt


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$ 750,000
Est. payment | /mo
Save

2,496 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $300

Subdivision Bend Park

MLS Listing ID 220230022

Style Ranch

Year Built 1976

Annual Tax Amount $3,831

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.22

Property Sub-Type Triplex

Property Description

Investment opportunity in SE Bend! This fully occupied triplex includes one 3-bedroom/1-bath unit and two 2-bedroom/1-bath units, providing immediate income with future upside. Two units have been remodeled, while major property improvements include a new roof (2016), new carport roofs (2026) ,replacement windows throughout and fresh exterior paint-helping reduce near-term capital expenses. All three residences are single level and leased month-to-month. Forward scheduled rents total $4,405 per month as of November 1, 2026, with additional rent potential in the 3-bedroom unit. Tenants pay electricity; owner pays water and sewer. Situated on a .22-acre RM-zoned lot with no HOA or CC&Rs and located within Bend's East Bend Opportunity Zone. Convenient access to shopping, dining and everyday amenities. A well-maintained multifamily property with an established rental history and meaningful improvements already completed. Buyer to verify all information and Opportunity Zone eligibility.

Location

State OR

County Deschutes

Community Bend Park

Direction GPS Friendly

Rooms

Basement None

Interior

Interior Features Primary Downstairs, Shower/Tub Combo, Solid Surface Counters

Heating Electric, Zoned

Cooling None

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Asphalt, Concrete, Detached Carport, No Garage, On Street, Storage

Pool None

Community Features Short Term Rentals Not Allowed

Roof Type Composition

Building

Lot Description Level

Foundation Slab

Water Public

Architectural Style Ranch

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools Bend Sr High

Others

Senior Community No

Tax ID 106107

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Cascade Hasson SIR

Nearby Locations

HomeSmart Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(971) 599-5865

broker@hsmartrealtygroup.com

3240 Commercial St SE, Ste 100, Salem, OR 97302

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516 Centennial ST