414 SE Railroad Street, Bend, OR 97702
- $650,000
Listing courtesy of NAI Cascade.
- List Price
- $650,000
- MLS#
- 220230824
- Status
- ACTIVE
- City
- Bend
- County
- Deschutes
- Year Built
- 2026
Property Description
Offered at $650,000, 414 SE Railroad Street is a two-unit property in Southeast Bend near the Old Mill District and SE 3rd Street retail and services. The property includes a 732 SF two-bedroom/two-bath residence and a 466 SF one-bedroom/one-bath residence, totaling 1,198 SF of living area. Amenities include an attached garage, covered upper balcony, dedicated laundry areas in each unit, granite countertops and ductless mini-split heat pumps. The adjacent fourplex at 404 SE Railroad Street may also be available for purchase. Contact Listing Agent for more information. Monthly rents are $2,150 for the two-bedroom residence ($2.94/SF) and $1,750 for the one-bedroom residence ($3.76/SF), totaling $3,900 per month or $46,800 annually. Annual operating expenses are $7,603, resulting in net operating income of $39,197 and a 6.03% capitalization rate at the asking price.
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Additional Information
- Taxes
- $318
- Acres
- 0.05
- Water
- Public
- Heating
- Ductless
- Foundation
- Pillar/Post/Pier
- Flooring
- Carpet, Laminate
- Elementary School
- Juniper Elem
- Middle School
- Pilot Butte Middle
- High School
- Bend Sr High
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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: