414 NE Norton Ave Bend, OR 97701
Orchard District NeighborhoodEstimated payment $12,470/month
About This Home
This 8-unit Multifamily building is in a prime location, just one mile to downtown Bend and close proximity to multiple restaurants, shopping centers, parks and more. All units are 2-bed/1-bath, 950 SqFt. Amenities include on-site laundry, 12 parking spots and large storage shed. Recent upgrades include new roof,exterior paint, new flooring, counters, appliances & fixtures. A new owner could recapture more than $4,800/year by implementing utility bill-backs. Don't miss out on this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,337
Year Built
- Built in 1991
Lot Details
- 0.32 Acre Lot
Home Design
- Wood Composite
Interior Spaces
- 7,600 Sq Ft Home
- 2-Story Property
Schools
- Pilot Butte Middle School
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 105221
Community Details
Overview
- 8 Units
Building Details
- Operating Expense $46,683
- Gross Income $151,783
- Net Operating Income $105,100
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/24/2025 04/24/25 | Pending | -- | -- | -- |
03/20/2025 03/20/25 | For Sale | $2,050,000 | -- | $270 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 505379913

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