Listing courtesy of Varsity Real Estate, agent Jennifer Redd
Data last updated June 7, 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.
Income-producing duplex in Midtown. This 1,200 SF property delivers two doors: a 1-bed primary unit plus a lofted 1-bed secondary unit with separate entrance. Main unit leased as of 3/1/2026 at $2,400/month for 12 months. Secondary unit previously rented as a furnished mid-term at $2,300/month--combined gross potential of $4,700/month with projected cap rates of 5-6%. Both units include washer, dryer, and refrigerator; secondary unit sold furnished. 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $572,000 · $143,000 down · 30 year term
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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