Price Reduction - Views
554 SE 5th Street #1 & 2 Bend, OR
$ 493,000
Property Attributes
  • MLS#220133959
  • TypeMulti-Family
  • CityBend
  • AreaSE
  • NeighborhoodBend Park
  • Zip97702
  • StyleCottage/Bungalow,Craftsman,Ranch,Traditional
  • Year Built1952
  • Taxes$ 1749
  • Price$ 493,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1782
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Alleda Real Estate
Data Source:
MLS of Central Oregon (MLSCO) - 61 - OR
Property Description

Investors, 1031 exchangers, developers: TWO ADJACENT LOTS in a terrific location to build much-needed middle market housing in an area close to retail, restaurants and across from Vince Genna Stadium. Planned improvements to Wilson Ave corridor will enhance the walkability and livability of this SE Bend neighborhood. When Bend's new development code takes effect on 11/5/2021, each lot could accommodate multi-family units and/or single-family home and ADU. Property shows it is eligible for a Short-Term Rental (STR). Property sold AS IS, seller will not perform repairs. Appliances and tankless water heaters in both units are staying and can be salvaged before demolition. Buyer and Buyer's agent to perform all due diligence.

Elementary School Middle School High School
Check with District Elementary School Check with District Middle School Check with District High School
Price History
10/18/2021 Listed $498,000
11/19/2021 2% - $493,000

General Features

# Of Units Total 2
Additional Features Separate Electric Meters, Separate Gas Meters
Appliances Dishwasher, Disposal, Double Oven, Dryer, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
Arch Style Cottage/Bungalow, Craftsman, Ranch, Traditional
Association? No
Basement None
Construction Materials Frame
Cooling None
Flooring Carpet, Simulated Wood
Heating Forced Air, Natural Gas
Levels One
New Construction Y/N No
Property Type C
Roof Composition
Section SE
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Sub Type Duplex
Subdivision Name Bend Park
View Neighborhood, Territorial
Zoning RM

Interior Features

Common Walls 1 Common Wall
Fireplace Features Gas, Living Room
Interior Features Shower/Tub Combo
Window Features Aluminum Frames

Exterior Features

Exterior Features Deck, Patio
Foundation Concrete Perimeter, Pillar/Post/Pier
Lot Description Corner Lot, Fenced, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Lot Size Acres 0.20
Lot Size Square Feet 8712.00
Other Structures Shed(s)
Parking Details: # Of Other Parking 4
Parking Features Asphalt, Driveway, On Street, Shared Driveway
Road Surface Type Paved
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97702

AVG $2.23M
AVG $3,122
AVG 77
Year Built
AVG 1996
AVG 62
Data Provided by Walkscore ® not using MLS data