Stacy Ellingson - Principal Broker
Principal Broker
REALTOR®, GRI,e-PRO,PSA,AHWD,C2EX,CREIPS,NCREA
(541) 591-4322
BEDS0
BATHS
SQUARE FEET1,536
MLS#220230824
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Offered at $650,000, 414 SE Railroad Street is a two-unit property in Southeast Bend near the Old Mill District and SE 3rd Street retail and services. The property includes a 732 SF two-bedroom/two-bath residence and a 466 SF one-bedroom/one-bath residence, totaling 1,198 SF of living area. Amenities include an attached garage, covered upper balcony, dedicated laundry areas in each unit, granite countertops and ductless mini-split heat pumps.The adjacent fourplex at 404 SE Railroad Street may also be available for purchase. Contact Listing Agent for more information.Monthly rents are $2,150 for the two-bedroom residence ($2.94/SF) and $1,750 for the one-bedroom residence ($3.76/SF), totaling $3,900 per month or $46,800 annually. Annual operating expenses are $7,603, resulting in net operating income of $39,197 and a 6.03% capitalization rate at the asking price.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless
Heating: Ductless
Home Style: Contemporary
Lot Size: 0.05 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $318
Year Built: 2026
Feature Descriptions
Exterior: Frame
Sewer: Public Sewer
Units: 2
Local Schools
High School: Bend
Middle School: Pilot Butte
Elementary School: Juniper
Listed By / Shown By
Listed By
Agency Name: NAI Cascade
Shown By
Agent Name: Stacy Ellingson - Principal Broker
Agent Phone: (541) 591-4322
Agency Title: Fisher-Nicholson Realty LLC
Estimate Your Payment
Estimated Payment
$ 3,719.42 per month $3,503.34 Principal & Interest $26.50 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
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414 SE Railroad Street | MLS# 220230824
This multi-family property located at 414 SE Railroad Street, Bend, OR 97702 is currently listed for sale with an asking price of $650,000. Search Bend real estate on stacyellingson.fnrhomes.com today.