Description
Positioned in Bend's coveted River West neighborhood, this unique two unit property offers exceptional flexibility for investors, owner occupants, or buyers seeking a hybrid use opportunity. The 1,848 SF main residence offers 3 bedrooms and 2.1 bathrooms, while the fully permitted detached ADU is privately positioned above the oversized 2 car garage and provides 550 SF with 1 bedroom and 1 bathroom. The property holds TWO transferable short term rental permits, creating a rare range of operating strategies. Operate the entire property as a rental, utilize both residences for short term rental income, or occupy the main home while generating supplemental income from the detached ADU. Each residence offers its own complete living environment, while the separation between structures provides added privacy for occupants and guests. The main home features an upgraded kitchen, gas fireplace, enclosed patio, vaulted bedroom ceilings, and primary suite, while the ADU includes its own entrance, full kitchen, living area, and private balcony. A fenced courtyard with gas fire pit, BBQ hookup, hot tub, and outdoor dining space further enhances tenant and guest appeal. The Deschutes River and Brooks Park are just steps away, with Drake Park, downtown Bend, 10 Barrel Brewing, The Lot, Bend Brewing Company, Deschutes Brewery, Newport Avenue Market, restaurants, shops, and recreation all nearby. This combination of location, two distinct residences, and TWO transferable short term rental permits creates a compelling opportunity for long term rental, vacation rental, or owner occupied investment use. Furnishings and appliances may be included with the sale, providing added flexibility for a buyer seeking a turnkey rental or move in ready opportunity.
Details
| MLS # | 580974321 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2012 |
| Days On Site | 10 |
| Listing Provided By | Keller Williams Realty Portland Premiere | Darryl Bodle |
Features
| SQ Feet | 2,398 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | RM |
| Acreage | 0.12 |
| Property View | TreesWoods |
Interior
| Heating | Heat Pump, Mini Split, Zoned |
|---|---|
| Heating Yn | Yes |
| Cooling | Heat Pump, Mini Split |
| Cooling Yn | Yes |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Sidewalk |
| Foundation Details | Concrete Perimeter, Stem Wall |
| Lot Features | Corner Lot, Level, Public Road |
Parking
| Attached Garage Yn | No |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Property | 8111 |
|---|
Area Information
| State | OR |
|---|---|
| County | Deschutes |
| City | Bend |
| Zip Code | 97703 |
| Community Name | Old Bend |
| School District | Summit |
| Elementary School | High Lakes |
| High School | Summit |
| Listing VS Median (in Old Bend) | |
Price: $1,699,900 low | high Med: $1,699,900 sqft: 2,398 low | high Med: 2,398 $ / sqft: $709 low | high Med: $709 On site: 10 low | high Med: 10 | |
Market Activity 97703
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Learn More About This Property
| State | OR |
|---|---|
| County | Deschutes |
| City | Bend |
| Zip Code | 97703 |
| Community Name | Old Bend |
| School District | Summit |
| Elementary School | High Lakes |
| High School | Summit |
| Listing VS Median (in Old Bend) | |
Price: $1,699,900 low | high Med: $1,699,900 sqft: 2,398 low | high Med: 2,398 $ / sqft: $709 low | high Med: $709 On site: 10 low | high Med: 10 | |
 | $1,699,9001506 Nw Awbrey RdBend, OR 97703 |