$499,000
615 Reed Market
Bend, OR 97702 · N/A
Active232 days on market$325/sqft
Facts
Property details
Overview
- Bedrooms
Listing courtesy of Knightsbridge International, agent Resa McAlister
Data last updated June 20, 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.
Calling all creative real estate investing minds! Great investment opportunity right on Reed Market Rd! Home is being sold ''As-Is'', and is in need of renovations. It does have a new roof (2022). Great value in the land alone. Has potential to be developed. New development going in all around. Property backs up to Canal.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $399,000 · $100,000 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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $499,000 with 25% down, this property runs $1,173 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.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.
