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Rare downtown location a block from Jackson's corner and walkable to the best of Bend, including the Deschutes River Trail, Drake Park, Market of Choice, the Box Factory, and the Old Mill. The upper level, flooded with natural light, centers on an open kitchen and living area with European white oak hardwood floors, custom cabinetry, Dacor appliances, a 36'' 5-burner gas cooktop, and a PentalQuartz island. A dining nook opens to an engineered steel cantilevered balcony. The primary suite includes a walk-in closet, in-suite laundry, double vanity, heated floors, and rain showerhead. The lower level is a retreat in itself, with its own living area, kitchenette, laundry, full bath, and bedroom - ideal as a guest quarters or home office. Outside, a private patio with saltwater hot tub is enclosed by cedar privacy fencing. Additional highlights include a three-car garage with secured storage, and a 30-year composition roof (2022). One seller is a licensed realtor.
A rough estimate, not a quote. Loan amount $799,200 · $199,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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Neighborhood
Old Bend is where the city started. It is bounded by the Deschutes River to the west, Drake Park and Franklin Avenue to the north, Highway 97 to the east, and Arizona Avenue to the south, roughly 1 square mile, and it is the smallest of the city's neighborhood association districts. Alexander M. Drake subdivided the land in 1910 through the Pilot Butte Development Company, selling the original lots for $100 to $250. The Oregon Trunk Railroad reached Bend in 1911, and the Shevlin-Hixon and Brooks-Scanlon mills opened within a month of each other in 1916, Shevlin-Hixon in March and Brooks-Scanlon in April. Bend's population went from 536 people in 1910 to 5,414 by 1920, and most of Old Bend's housing stock was built to hold that growth: small lots, alley-loaded garages, homes sized for millworkers rather than for show.
That history is why the neighborhood looks the way it does. The Drake Park Neighborhood Historic District, listed on the National Register of Historic Places on June 3, 2005 (NRHP reference 05000380), covers 17 city blocks and 83 residential lots inside Old Bend, with 82 percent of the homes built between 1910 and 1954. Fourteen architectural styles show up across those lots, led by 25 Craftsman bungalows and 17 homes in the various Colonial styles, with English Cottage, Tudor, Dutch Colonial, Spanish Colonial Revival, Georgian Revival, and California Ranch in smaller numbers. Four houses were individually listed on the National Register before the district designation: the Putnam House at 606 NW Congress (1911), the McCann House at 440 NW Congress (1915), the Moore House (1921), and the Hamilton House (1923).
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| Date | Event | Price |
|---|---|---|
| Aug 24, 2026 | Price change | $999,000$76K down |
| Jul 29, 2026 | Price change | $1,075,000$100K down |
| Jul 11, 2026 | Price change | $1,175,000$20K down |
| Jun 4, 2026 | Listed | $1,195,000 |
$434 per sq ft
87 days on market. Bend median to pending is 21 days.
Tax $7,155 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
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Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers 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 $999,000 with 20% down, this property runs $4,231 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 RE/MAX Key Properties, agent Matt Johnson, 541-728-0033
Data last updated August 31, 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.
Aug 2024 to Jul 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $999,000, 5.2% above the Bend median list price. See full Bend market →