PENDING! OPEN HOUSE CANCELLED! Opportunity knocks in the heart of Midtown Bend! Set on a spacious and quiet .42-acre lot with RM zoning, this 1945 cottage offers flexibility, potential, and a prime location for investors, builders, or buyers looking to create something special. Invest, Live or Expand?The 1,026 sq ft home features 2 bedrooms, 1 bath, and vintage character ready for your vision and updates.Public water and sewer are already in place, creating exciting possibilities for future expansion. Sold AS IS.Mature trees and established landscaping provide privacy and a peaceful setting, all while being close to Midtown amenities, restaurants, parks, and downtown Bend. No HOAs. Whether you're searching for an investment property, a place to live while you plan your next project, or a rare development opportunity in one of Bend's most desirable locations, this property is ready for its next chapter.
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Listing courtesy of Cascade Views Realty, LLC, agent Sally Jacobson, 541-678-2232
Data last updated July 22, 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 $319,000 · $80,000 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 $399,000 with 20% down, this property runs $1,139 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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