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Rare opportunity to own a fully leased, townhome-style triplex in one of West Bend's most desirable neighborhoods. This turnkey investment offers immediate income with three private units, each featuring its own entrance, attached one-car garage, spacious two-story floor plan, and recent updates. Two units have been renovated with luxury vinyl plank flooring, fresh interior paint, updated lighting, modern hardware, stainless steel appliances, and refreshed fixtures. Located just minutes from Downtown Bend, Newport Avenue, COCC, OSU-Cascades, Shevlin Park, and the Deschutes River Trail, the property enjoys a highly desirable location that supports strong rental demand. An exceptional opportunity for investors seeking stable cash flow, low-maintenance ownership, and long-term appreciation in one of Bend's most sought-after locations.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $735,000 · $184,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $1,667 ($1,500–$1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
At $919,000 with 20% down, this property runs $4,306 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Cascade Hasson SIR, agent Mark Garcia, 541-383-7600
Data last updated August 1, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
