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… Read More 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. Read Less
Courtesy of Charles T Brazer, NAI Cascade 541-706-9370
Listing Snapshot
Days Online
0
Last Updated
Property Type
Duplex
Lot Size
0.05 Acres
Year Built
2026
MLS Number
220230824
Additional Details
Building
Built in 2026, Levels: Two, Construction Materials: Frame
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on
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