468 NE Olney, Bend, OR 97701
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
468 NE Olney,Bend, OR 97701
$599,000
- - Beds
- - Baths
- 1,600 sq. ft.
- Multi-family
- Active
Listed by:daniel b kemp
Office:compass commercial real estate
MLS#:220207113
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 #:220207113
- Added:51 day(s) ago
- Updated:September 26, 2025 at 02:47 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
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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