Income-producing duplex in Midtown. This 1,200 SF property delivers two doors: a 1-bed primary unit with garage plus a lofted 1-bed secondary unit with separate entrance and off-street parking. Main unit leased at $2,450/month. Secondary unit rented at $2,1450/month--combined gross potential of $4,595/month with projected cap rate of 6%. Both units include washer, dryer, and refrigerator. Low-maintenance design with 10/10 Home Energy Score, mini-split HVAC for lower operating costs, and EV-ready garage with alley access. The main unit features 14' vaulted ceilings, upgraded kitchen with induction range and soft-close cabinetry, expansive south-facing windows, and an operable glass door opening to a private patio. The elevated secondary unit offers treetop views with full kitchen, bathroom and walk-in closet. Perfectly positioned near Pilot Butte, parks, trails and local favorites like Midtown Yacht Club.
Listing courtesy of Varsity Real Estate, agent Jennifer Redd
Data last updated July 16, 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.
This home is listed at $695,000 — 10.3% below the Bend median. See full Bend market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $556,000 · $139,000 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 $695,000 with 20% down, this property runs $2,550 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.
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