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1767 NE Lotus Drive # 1 and 2 Bend, OR $ 995,000
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1767 NE Lotus Drive # 1 and 2
$ 995,000
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Share Save

1767 NE Lotus Drive # 1 and 2

Bend, OR, 97701
$ 995,000
Baths0.0 Sq 3,216

Monthly Estimate*

$ 6,208

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Studio

Multi-Family Home for sale in Bend, OR

for $995,000. This 3,216 square foot home was built in 2020 on a lot size of 0.1.

Turn-Key Investment Opportunity - Duplex Backing to Pilot Butte in Bend. Discover this nearly new duplex in a prime location near Whole Foods, shopping, parks, and St. Charles Health Facilities. With 100% occupancy and a strong rental history, this property is an excellent investment opportunity. Each unit features a light-filled, open floor plan with 3 bedrooms and 2.5 bathrooms, High-end upgrades throughout include: Quartz countertops in the kitchen/bathrooms, Spacious pantry and large laundry room with storage, Waterproof plank flooring throughout (carpet on stairs only). Attached insulated garages with ample storage and EV charging. The park-like backyard patio backs directly to Pilot Butte, providing easy access to parks and trails. Enjoy breathtaking mountain views from both the front/back windows. Investment Highlights: Tenant pay all utilities, including water. Year built is 2020 but actual first occupancy is 2022 due to COVID construction delays. Owner is listing agent.

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Multi-Family Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,028

Style

Traditional

Lot Size

0.1

Year Built

2020

Town/City

Bend

County/Region

Deschutes

MLS | Web ID

220197962
Features
Interior
Interior Amenities Ceiling Fan(s) Double Vanity Fiberglass Stall Shower Linen Closet Open Floorplan Pantry Shower/Tub Combo Solid Surface Counters Walk-In Closet(s)
Flooring Carpet Vinyl
Common Walls 1 Common Wall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Double Pane Windows ENERGY STAR Qualified Windows Vinyl Frames
Total Baths 0
Heating-Forced Air True
Heating-Natural Gas True
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer Water Heater
HOA Fee 275.0
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Year Built 2020
View Territorial
Levels Two
Unit Number 1 and 2
Property Subtype Duplex
Tax Year 2024
Gross Income 33715.0
Community Features Access to Public Lands Park Trail(s)
Assoc Fee Paid Per Quarterly
County Deschutes
Net Operating Income 27223.0
Operating Expense 6492.0
New Construction N
Property Type Residential Income
Association Amenities Snow Removal
HOA Y
Attached Garage Y
Subdivision Name Pines At Pilot Butte
Other Structures Storage
Status Active
Directions NE Purcell to NE Lotus. Park in driveway of unit #2 in front of single car garage.
High School Bend Sr High
City Bend
Zoning Description RM
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4356.0
Carport Y/N N
Elementary School Juniper Elem
Land Lease Y/N N
Tax Annual Amount 6028.17
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 171234BB01900
Cap Rate 5.2
Senior Community None
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Exterior
Parking Features Attached Driveway Electric Vehicle Charging Station(s) Garage Door Opener On Street Shared Driveway
Lot Features Drip System Landscaped Sloped Sprinkler Timer(s)
Water Source Public
Lot Size Area 0.1
Foundation Details Concrete Perimeter
Spa N
Building Area Total 3216.0
Lot Size Acres 0.1
Road Surface Type Paved
Road Frontage Type Shared Access
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Internal Only
Street Number 1 1767
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* Excluded Features
List By
Jeff Braunstein

Listing Agent

Oregon First

Broker

Affordability Calculator

$6,710
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$502
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
2915530 Elementary School
2915636 Middle School
Bend Sr High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/23/2025$995,000 -4.78% Price Down
4/3/2025$1,045,000 Listed Price

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1767 NE Lotus Drive # 1 and 2, Bend, OR, 97701 is a Multi-Family Home for sale at $995,000 with 3,216 sqft and a lot size of 0.1. 1767 NE Lotus Drive # 1 and 2 is a studio with 0.0 baths and was built in 2020. The property's zip code is 97701 which is in Bend, OR

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