$679,000
$71K PRICE DROP

21116 SE Reed Market Rd Bend, OR 97702

Larkspur Neighborhood

Estimated payment $4,034/month

Total Views 4,461
-- Bed
-- Bath
1,706 Sq Ft
$398 Price per Sq Ft

Highlights

  • 0.54 Acre Lot
  • Traditional Architecture
  • Neighborhood Views
  • Home Energy Score
  • No HOA
  • Separate Outdoor Workshop

About This Home

Exceptional investment property located in beautiful Bend, OR. This fully remodeled duplex sits on over half an acre (.54 acres), offering fantastic potential for rental income, with the flexibility for both long-term and potential short-term rentals. With the layout and size of this property there is also potential for new development with Bend's new density codes (buyer to perform own due diligence on STR and/or new development possibilities). Each unit features 2 beds, 1 bath, private garage, fenced yard & patio. With all new finishes, modern updates and separate outdoor setting, this duplex is move-in ready and brimming with possibilities. Don't miss this opportunity to own a high-quality, turn-key investment property.

Listing Agent

Lindsay Brown

Ninebark Real Estate License #201238742

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1971

Lot Details

  • 0.54 Acre Lot
  • 1 Common Wall
  • Fenced
  • Landscaped
  • Garden

Home Design

  • Duplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Gravel Driveway

Eco-Friendly Details

  • Home Energy Score

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

  • Bear Creek Elementary School
  • Pilot Butte Middle School
  • Bend Sr High School

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Heat Pump System
  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Daly Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block PT.8 / 1
  • Assessor Parcel Number 119564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,923

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Located on Reed Market Rd between Pettigrew Rd & Daly Estates Dr.
  • Unit Levels: One
  • Lot Size Acres: 0.54
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Gravel
  • Subdivision Name: Daly Estates
  • Year Built: 1971
  • Co List Office Phone: 541-728-3009
  • Outside Inclusions: Refrigerator, Range/Oven, Dishwasher, Microwave, Washer/Dryer, Shed/Shop
  • MLS Status: Active
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Residential
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: PT.8
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 1
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Road Surface Type Gravel2: Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Green Building Verification Type Home Energy Score: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Gas, Wood Burning
  • Flooring: Laminate
  • Interior Amenities: Breakfast Bar, Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Breakfast Bar: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Garden, Landscaped
  • Other Structures: Shed(s), Workshop
  • Roof: Composition
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Garden: Yes

Garage/Parking

  • Parking Features: Attached, Gravel
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump, Wall Furnace, Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Wood: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Bear Creek Elem
  • High School: Bend Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 23522.4
  • Parcel #: 119564
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2922.77
  • Tax Block: 1
  • Tax Lot: PT.8
  • Tax Map Number: 181203DD03000
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,923 $174,560 -- --
2023 $2,709 $169,480 $0 $0
2022 $2,528 $159,760 $0 $0
2021 $2,532 $155,110 $0 $0
2020 $2,402 $155,110 $0 $0
2019 $2,335 $150,600 $0 $0
2018 $2,269 $146,220 $0 $0
2017 $2,203 $141,970 $0 $0
2016 $2,101 $137,840 $0 $0
2015 $2,043 $133,830 $0 $0
2014 $1,955 $129,941 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $679,000 -1.5% $398 / Sq Ft
04/01/2025 04/01/25 Price Changed $689,000 -1.4% $404 / Sq Ft
02/18/2025 02/18/25 Price Changed $699,000 -3.6% $410 / Sq Ft
12/24/2024 12/24/24 Price Changed $725,000 -2.0% $425 / Sq Ft
11/22/2024 11/22/24 Price Changed $740,000 -1.3% $434 / Sq Ft
11/11/2024 11/11/24 For Sale $750,000 -- $440 / Sq Ft
Source: Central Oregon Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $553,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $542,983 FHA
Source: Public Records

Source: Central Oregon Association of REALTORS®

MLS Number: 220192548

Central Oregon Association of REALTORS®

APN: 119564