
Prime Downtown Mixed-Use Opportunity with Endless Potential
Located right in Downtown Bend this light-filled cottage offers exceptional flexibility. Zoned mixed-use, the property can continue as commercial space, serve as professional offices, or be converted back to a residence. It also has no AirBNB proximity restrictions, providing additional investment opportunities.
Enjoy a central location just minutes from downtown Bend, Drake Park, the Deschutes River, the Old Mill District, and the Box Factory, with convenient access to everything Bend has to offer.
The property features ample on-site parking and is situated within an Opportunity Zone, making it an excellent option for residential, commercial, or investment use. Bring your vision and make this versatile property your own.
Recent Updates Include:
• New 50-year roof (2021) • Exterior painted (2021) • Electrical upgrades with additional outlets • and breakers (2021) • New sewer line in 2017 • New furnace in 2024
Listing courtesy of Keller Williams Realty Central Oregon, agent Ed King
Data last updated June 27, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $543,000 · $136,000 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 $679,000 with 20% down, this property runs $2,590 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.
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