940 NE Norton Avenue #Lot 4, Bend, OR 97701

Bend
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
940 NE Norton Avenue #Lot 4,Bend, OR 97701
$744,000
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  • 2 Beds
  • 3 Baths
  • 675 sq. ft.
  • Single family
  • Active
Listed by: jennifer redd
Office: varsity real estate
MLS#:220214456
Source:OR_SOMLS

Price summary

  • Price:$744,000
  • Price per sq. ft.:$1,102.22
  • Monthly HOA dues:$70

About this home

Dual living, endless possibilities. This award-winning floorplan delivers 1,200 combined square feet across two private residences: a 1-bed primary home plus a lofted 1-bed ADU with separate entrance. Comparable units in this development rent between $2,150-2,500 each. Rent both and gross $4,300-$5,000/month, with projected cap rates of 5-6%. An attractive entry point for first-time investors adding doors to their portfolio, and strong fundamentals for experienced landlords seeking low-maintenance cash flow. Live in one, rent the other, or enjoy both for multi-generational living or guest flexibility. The main residence features 14' vaulted ceilings, upgraded kitchen with induction range and soft-close cabinetry, expansive south-facing windows, and an operable glass door opening to a private patio. The elevated ADU offers treetop views with full kitchen, bathroom and walk-in closet. Perfectly positioned in Midtown near Pilot Butte, parks, and local favorites like Midtown Yacht Club

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Home facts

  • Year built:2025
  • Listing ID #:220214456
  • Added:57 day(s) ago
  • Updated:March 29, 2026 at 10:28 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Carpet, Hardwood
  • Bathrooms Description:Fiberglass Stall Shower, Shower/Tub Combo
  • Kitchen Description:Cooktop, Dishwasher, Microwave, Oven, Range, Range Hood
  • Living area:675 sq. ft.

Heating and cooling

  • Cooling:Ductless, ENERGY STAR Qualified Equipment, Heat Pump, Whole House Fan
  • Heating:Ductless, ENERGY STAR Qualified Equipment, Heat Pump

Structure and exterior

  • Roof:Metal
  • Year built:2025
  • Building area:675 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Drip System, Fenced, Landscaped, Native Plants, Sprinklers In Front, Xeriscape Landscape
  • Architectural Style:Contemporary, Northwest
  • Construction Materials:Frame
  • Foundation Description:Stemwall
  • Levels:2 Story

Schools

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

Utilities

  • Water:Backflow Domestic, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$744,000
  • Price per sq. ft.:$1,102.22
  • Tax amount:$211 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Microwave, Oven, Range, Range Hood, Water Heater

Parking

  • Parking description:Alley Access, Asphalt, Attached, Electric Vehicle Charging Station(s), Garage Door Opener
  • Garage:Yes
  • Garage spaces:1

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