688 SE Centennial Street Bend, OR $ 859,000
688 SE Centennial Street
$ 859,000
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688 SE Centennial Street

Bend, OR, 97702
$ 859,000
Baths0.0 Sq 3,256

Monthly Estimate*

$ 5,359

688 SE Centennial Street, Bend, OR 97702 - Image 1
Studio

Multi-Family Home for sale in Bend, OR

for $859,000. This 3,256 square foot home was built in 1978 on a lot size of 0.23.

CAP Rate over 6%! Great opportunity to own an excellent investment property in wonderful Bend, Oregon! Three beautiful units - all tastefully remodeled in 2022. Brand new furnaces in all units. Convenient SE Bend location. Close to shopping and other amenities. Beautiful laminate flooring, cabinets, and countertops. Each unit has a garage and a fenced backyard. Lucrative investment! Excellent CAP rate.

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Multi-Family Active

Price

$ 859,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,702

Style

Traditional

Lot Size

0.23

Year Built

1978

Town/City

Bend

County/Region

Deschutes

MLS | Web ID

220209654

Features
Interior
Interior Amenities Ceiling Fan(s) Dual Flush Toilet(s) Open Floorplan Shower/Tub Combo
Basement None
Flooring Laminate Tile
Common Walls 2+ Common Walls No One Above No One Below
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features Double Pane Windows Vinyl Frames
Total Baths 0
Heating-Forced Air True
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General
Sewer Public Sewer
Heating Electric Forced Air
Cooling None
Roof Composition
Appliances Dishwasher Disposal Oven Range Refrigerator Water Heater
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Exclusions Tenants personal items
Year Built 1978
View Territorial
Levels Two
Property Subtype Triplex
Tax Year 2024
Gross Income 70800.0
County Deschutes
Net Operating Income 56587.0
Operating Expense 8903.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Bend Park
Status Active
Directions Right off Wilson.
High School Bend Sr High
City Bend
Zoning Description RM
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N N
Elementary School Juniper Elem
Land Lease Y/N N
Tax Annual Amount 4702.75
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
Structure Type Townhouse
Standard Status Active
Tax Lot 02506
Cap Rate 6.59
Senior Community None
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Exterior
Parking Features Asphalt Assigned Attached
Lot Features Fenced Landscaped Level
Water Source Public
Lot Size Area 0.23
Foundation Details Concrete Perimeter Stemwall
Spa N
Building Area Total 3256.0
Lot Size Acres 0.23
Road Surface Type Paved
Road Frontage Type Shared Access
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Internal Only
Street Number 1 688
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* Excluded Features
List By
Peggi Schoning

Listing Agent

Rogue Real Estate, Llc

Broker

Affordability Calculator

$5,751
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,359
Monthly Property Taxes
$392
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
Pricing History
DatePricePrice ChangeDescription
9/23/2025$859,000 Listed Price

Map


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688 SE Centennial Street, Bend, OR, 97702 is a Multi-Family Home for sale at $859,000 with 3,256 sqft and a lot size of 0.23. 688 SE Centennial Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 97702 which is in Bend, OR