468 NE Olney Avenue, Bend, OR 97701

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
468 NE Olney Avenue,Bend, OR 97701
$599,000
  • - Beds
  • - Baths
  • 1,600 sq. ft.
  • Multi-family
  • Active
Listed by: daniel b kemp, emilio michael tiscareno
Office: compass commercial real estate
MLS#:220214010
Source:OR_SOMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$374.38

About this home

This duplex at 466 & 468 NE Olney Ave. offers two income-producing two-bedroom units with stable tenants in place, generating a total of $3,320 in monthly rent. Priced at $599,000, the property sits on a 7,405 SF lot with 1,600 SF of building space and includes three onsite parking spaces. Recent kitchen and bathroom upgrades, below-market rents, and a highly desirable location contribute to its strong investment appeal. With an estimated NOI of $28,471.20 and a cap rate of 4.75%, this asset presents solid cash flow and upside potential in a competitive rental market.

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Home facts

  • Year built:1948
  • Listing ID #:220214010
  • Added:191 day(s) ago
  • Updated:February 13, 2026 at 03:25 PM

Rooms and interior

  • Living area:1,600 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1948
  • Building area:1,600 sq. ft.
  • Lot area:0.17 Acres

Schools

  • High school:Bend Sr High
  • Middle school:Pilot Butte Middle
  • Elementary school:Juniper Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$374.38
  • Tax amount:$2,221 (2024)

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