651 SE Reed Market Road Bend, OR $ 800,000
651 SE Reed Market Road
$ 800,000
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651 SE Reed Market Road

Bend, OR, 97702
$ 800,000
Baths0.0 Sq 2,534

Monthly Estimate*

$ 4,926

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View a Virtual Tour
Studio

Multi-Family Home for sale in Bend, OR

for $800,000. This 2,534 square foot home was built in 2018 on a lot size of 0.11.

Built in 2018, this well maintained duplex offers a rare blend of strong income, modern construction, and an exceptional outdoor setting. Each unit features 2 bedrooms, 2.5 baths, and 1,267 square feet with beautiful hardwood floors and a highly functional layout. Both units are fully rented with a solid rental history, making this a true turnkey investment. Major updates include a newer roof in 2020, plus low maintenance systems throughout for easy long term ownership. The property backs to a scenic canal with seasonal flowing water and a walking path, creating a peaceful backdrop that feels more like a private green space than a typical rental. While centrally located on a busy corridor for excellent access to shopping and major routes, the deep driveway provides a meaningful buffer and added separation from the road. A smart opportunity to own a newer, income producing property with lifestyle appeal and strong fundamentals.

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Multi-Family Active

Price

$ 800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,546

Style

Traditional

Lot Size

0.11

Year Built

2018

Town/City

Bend

County/Region

Deschutes

MLS | Web ID

220214463

Features
General
Sewer Public Sewer
Heating Forced Air Heat Pump Natural Gas
Cooling Central Air
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Range Refrigerator Washer
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame
Exclusions Tenant's personal property
Year Built 2018
View Neighborhood
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 4200
County Deschutes
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Subdivision Name N/A
Status Active
High School Bend Sr High
City Bend
Zoning Description RM
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Elementary School Silver Rail Elem
Tax Annual Amount 5546.55
Middle/Junior High School Pilot Butte Middle
Additional Parcels Y/N false
Virtual Tour https://www.zillow.com/view-imx/37733594-6b3f-4fcf-b7f2-af0818bae0e8?wl=true&setAttribution=mls&initialViewType=pano
Structure Type House
Standard Status Active
Tax Lot 3
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Interior
Interior Amenities Fiberglass Stall Shower Kitchen Island Open Floorplan Shower/Tub Combo Solid Surface Counters
Basement None
Flooring Carpet Hardwood Vinyl
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Vinyl Frames
Total Baths 0
Heating-Heat Pump true
Heating-Forced Air true
Heating-Natural Gas true
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Exterior
Parking Features Attached Concrete Driveway Garage Door Opener
Lot Features Fenced Landscaped Sprinkler Timer(s) Sprinklers In Front Sprinklers In Rear
Water Source Public
Inclusions Washer dryer fridge range microwave dishwasher
Lot Size Area 0.11
Foundation Details Stemwall
Building Area Total 2534
Lot Size Acres 0.11
Road Surface Type Paved
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* Excluded Features
List By
Donnie John Eggers

Listing Agent

Nexus 360 Realty

Broker

Affordability Calculator

$5,388
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
$462
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Bend Sr High High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$800,000 Listed Price

Map


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651 SE Reed Market Road, Bend, OR, 97702 is a Multi-Family Home for sale at $800,000 with 2,534 sqft and a lot size of 0.11. 651 SE Reed Market Road is a studio with 0.0 baths and was built in 2018. The property's zip code is 97702 which is in Bend, OR