$998,000
$52K PRICE DROP

688 SE Centennial St Bend, OR 97702

Larkspur Neighborhood

Estimated payment $5,951/month

Total Views 6,824
-- Bed
-- Bath
3,256 Sq Ft
$307 Price per Sq Ft

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Attached Garage
  • Territorial View
  • No HOA
  • 4-minute walk to Kiwanis Park

About This Home

Excellent CAP Rate - Great opportunity to own a lucrative property. Fully leased on month-to-month terms. This property was completely renovated in 2022, including new appliances, beautiful laminate flooring, kitchen cabinets and countertops, and much more! Excellent condition. Each unit has a garage and fenced backyard.

*Partial Seller Carry.

Listing Agent

Peggi Schoning

Rogue Real Estate, LLC License #201106096

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Landscaped
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Dual Flush Toilets
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Juniper Elementary School
  • Pilot Butte Middle School
  • Bend Sr High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants personal belongings
  • Legal Lot and Block 11, 12 / 86
  • Assessor Parcel Number 164723

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Bend Park Subdivision

Building Details

  • Professional Management Expense $5,310
  • Gross Income $70,800
  • Net Operating Income $56,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: Bend Park
  • Year Built: 1978
  • Total Gross Income: 70800.0
  • Professional Management Expense: 5310.0
  • Co List Office Phone: 541-728-0995
  • MLS Status: Active
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 11, 12
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 86
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities Cable Connected: Yes
  • Utilities Phone Connected: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dual Flush Toilet(s), Open Floorplan, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Dual Flush Toilet(s): Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter, Stemwall
  • Lot Features: Fenced, Landscaped, Level
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenants personal belongings
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Assigned, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 164723
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 56890.0
  • Annual Operating Expense: 13910.0

Tax Info

  • Tax Annual Amount: 4703.0
  • Tax Block: 86
  • Tax Lot: 11, 12
  • 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 $4,703 $280,870 -- --
2023 $4,359 $272,690 $0 $0
2022 $4,067 $257,040 $0 $0
2021 $4,073 $249,560 $0 $0
2020 $3,865 $249,560 $0 $0
2019 $3,757 $242,300 $0 $0
2018 $3,651 $235,250 $0 $0
2017 $3,544 $228,400 $0 $0
2016 $3,380 $221,750 $0 $0
2015 $3,286 $215,300 $0 $0
2014 $3,189 $209,030 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Price Changed $998,000 -5.0% $307 / Sq Ft
10/09/2024 10/09/24 For Sale $1,050,000 +133.3% $322 / Sq Ft
08/27/2020 08/27/20 Sold $450,000 -4.1% $138 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $469,000 -- $144 / Sq Ft
Source: Southern Oregon MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $450,000 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,105 New Conventional
Source: Public Records

Source: Southern Oregon MLS

MLS Number: 220191114

Southern Oregon MLS

APN: 164723