468 NE Olney Avenue, Bend, OR 97701
- 1,600 sqft
Duplex
Built in 1948
7,405sqft lot
—— car garage
$374/sqft
Listed 1 month ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- August 5, 2025 at 05:00AM
- Listing Office:
- Compass Commercial Real Estate : 541-383-2444
- MLS ID:
- 220207113

- Flooring: HardwoodLaminate
- A/C: None
- Heating: Baseboard
This listing courtesy of Compass Commercial Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Juniper Elementary School
1300 NE Norton Ave, Bend, OR, 97701
Grades KG-5
0.57 miles away
Pilot Butte Middle School
1501 NE Neff Rd, Bend, OR, 97701
Grades 6-8
0.74 miles away
Marshall High School
1291 NE 5th St, Bend, OR, 97701
Grades 9-12
0.20 miles away