$980,000
216 Kearney
Bend, OR 97701 · Center Addition to Bend
Active7 days on market$395/sqft
Facts
Property details
Overview
Listing courtesy of John L Scott Bend, agent Marcella Schoenberg
Data last updated June 24, 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.
Zoned Commercial Limited, the property offers flexibility for future expansion or repositioning toward uses such as hospitality, restaurant, services, office, or other commercial opportunities. Two individual single-family homes, plus a duplex, all fully rented and producing income from day one. This prime, centrally located corner property sits near several cornerstone businesses and a diverse mix of coffee shops, retail, professional offices, restaurants, and other commercial services. Additional vacant space behind the units provides potential for further development, while ample parking and strong visibility enhance the property's long-term value.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $784,000 · $196,000 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 $980,000 with 25% down, this property runs $4,448 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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