21116 SE Reed Market Road Bend, OR $ 650,000
21116 SE Reed Market Road
$ 650,000
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21116 SE Reed Market Road

Bend, OR, 97702
$ 650,000
Baths0.0 Sq 1,706

Monthly Estimate*

$ 4,055

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Studio

Multi-Family Home for sale in Bend, OR

for $650,000. This 1,706 square foot home was built in 1971 on a lot size of 0.54.

*RIGHT UNIT WILL BE VACANT AS OF DEC 1ST. 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.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,922

Style

Traditional

Lot Size

0.54

Year Built

1971

Town/City

Bend

County/Region

Deschutes

MLS | Web ID

220192548

Features
Interior
Interior Amenities Breakfast Bar Shower/Tub Combo
Basement None
Flooring Laminate
Fireplace Features Gas Wood Burning
Common Walls 1 Common Wall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Vinyl Frames
Fireplace Y/N Y
Total Baths 0
Heating-Wood True
Heating-Wall Furnace True
Heating-Heat Pump True
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General
Sewer Public Sewer
Heating Heat Pump Wall Furnace Wood
Cooling Heat Pump
Roof Composition
Appliances Dishwasher Dryer Microwave Oven Range Refrigerator Washer Water Heater
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Year Built 1971
View Neighborhood
Levels One
Property Subtype Duplex
Tax Year 2024
County Deschutes
New Construction N
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Daly Estates
Other Structures Shed(s) Workshop
Status Active
Directions Located on Reed Market Rd between Pettigrew Rd & Daly Estates Dr.
High School Bend Sr High
City Bend
Zoning Description Residential
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 23522.4
Carport Y/N N
Elementary School Bear Creek Elem
Land Lease Y/N N
Tax Annual Amount 2922.77
Home Warranty Y/N N
Middle/Junior High School Pilot Butte Middle
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot PT.8
Senior Community None
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Exterior
Parking Features Attached Gravel
Lot Features Fenced Garden Landscaped
Water Source Public
Inclusions Refrigerator Range/Oven Dishwasher Microwave Washer/Dryer Shed/Shop
Lot Size Area 0.54
Foundation Details Stemwall
Spa N
Building Area Total 1706.0
Lot Size Acres 0.54
Road Surface Type Gravel
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Internal Only
Street Number 1 21116
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* Excluded Features
List By
Lindsay Michelle Brown

Listing Agent

Ninebark Real Estate

Broker

Affordability Calculator

$4,299
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$244
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2915533 Elementary School
2915636 Middle School
Bend Sr High High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$650,000 -0.61% Price Down
8/27/2025$654,000 -0.76% Price Down
7/25/2025$659,000 -1.49% Price Down
6/13/2025$669,000 -1.47% Price Down
4/22/2025$679,000 -1.45% Price Down
4/1/2025$689,000 -1.43% Price Down
2/18/2025$699,000 -3.59% Price Down
12/24/2024$725,000 -2.03% Price Down
11/22/2024$740,000 -1.33% Price Down
11/11/2024$750,000 Listed Price

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21116 SE Reed Market Road, Bend, OR, 97702 is a Multi-Family Home for sale at $650,000 with 1,706 sqft and a lot size of 0.54. 21116 SE Reed Market Road is a studio with 0.0 baths and was built in 1971. The property's zip code is 97702 which is in Bend, OR