Pending
3 SW McKinley Avenue
Bend OR, 97702
$1,900,000
$302.55 per sqft
Pending
6,280 sqft
Multi-family
Built in 1979
Courtesy of Compass Commercial Real Estate, Ronald E Ross
BIG PRICE REDUCTION! Rare multifamily investment opportunity in the heart of Bend, Oregon! A+ location in SW Bend. Value add opportunity. This 10-unit multifamily property is strategically located on 2 separate tax lots, so can be sold separately. Excellent rental history. Consistently high occupancy rates, providing steady cash flow. Long-term tenants and strong rental performance.Great Upside Potential: Opportunity to increase rents and improve NOI through professional management. Many of the rents are significantly below market.See attached documents with offering memorandum with more information including rent roll and financials. Seller financing considered.
220189564
MLSⓇ ID
December 19, 2024
Updated
Map
3 SW McKinley Avenue
Bend OR, 97702
Interior Features
Total Stories
1
Appliances
Dishwasher, Oven, Range, Refrigerator, Water Heater
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Electric, Zoned
Exterior/Building Features
Lot Size
0.48 Acres
Exterior Features
Courtyard, Deck
Architectual Style
Ranch
Roof
Composition, Metal
Sewer
Public Sewer
School Information
School District
Square Feet
High School
Bend Sr High
Elementary School
Pine Ridge Elem
Other Property Details
Taxes
$11,722
Tax Frequency
Annually
Days on Market
85
Garage
No
Parking
Asphalt, On Street, Parking Lot, Shared Driveway
Parking Total
6280
View
No
County
Deschutes
Municipality
10
Water Source
Public
Pool
No
Zoning
RM
Green Building Features
Green Features
None
Listing History
Date | Event | Price |
---|---|---|
12/19/2024 | Pending | — |
11/21/2024 | Active | — |
11/6/2024 | Pending | — |
10/24/2024 | Price change | $1,900,000 -10% |
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Data last updated 12:39 AM UTC, 12/19/2024