$599,000

468 NE Olney Avenue, Bend, OR 97701

  • 1,600 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $374/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Juniper Elementary School

1300 NE Norton Ave, Bend, OR, 97701

Grades KG-5

0.57 miles away

P

Pilot Butte Middle School

1501 NE Neff Rd, Bend, OR, 97701

Grades 6-8

0.74 miles away

M

Marshall High School

1291 NE 5th St, Bend, OR, 97701

Grades 9-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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