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541.292.4444
Real Estate Company
516 SE Centennial Street, Bend, OR 97702
- $750,000
- List Price
- $750,000
- Status
- ACTIVE
- Days on Market
- 12
- MLS#
- 220230022
- Subtype
- Residential Income
- Style
- Ranch
- Year Built
- 1976
- Lot Size
- 9,583
- Acres
- 0.22
- Subdivision
- Bend Park
- Neighborhood
- Bend Park
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.
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Additional Information
- Interior Features
- Solid Surface Counters, Shower/Tub Combo
- Taxes
- $3,831
- Property Description
- Ranch
- Zoning
- RM
- Flooring
- Carpet, Simulated Wood, Vinyl
- Appliances
- Dishwasher, Disposal, Range, Refrigerator, Range Hood, Water Heater
- Heating
- Electric, Zoned
- Air Conditioning
- None
- Stories
- One
- Levels
- One
- Roof
- Composition
- Foundation
- Slab
- Parking Features
- Asphalt, Concrete, Detached Carport, No Garage, On Street, Storage
- Elementary School
- Juniper Elem
- Middle School
- Pilot Butte Middle
- High School
- Bend Sr High
- View
- Neighborhood
Courtesy of Cascade Hasson SIR
The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: