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Centrally located, hard to find midtown opportunity to renovate this 2-story diamond in the rough with alley access at the rear of the lot, making it the perfect property on which to build an ADU behind the house. The neighborhood is primarily made up of well maintained multifamily dwellings and the home is just a short walk down the street is one of Bend's favorite hot spots, El Sancho. Builders who might be looking for a midtown house with lots of character to renovate and build an ADU behind it to generate income...this one is for you!
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $296,000 · $74,000 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 $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $369,900 with 20% down, this property runs $486 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 Windermere Realty Trust, agent Kim Kahl, 541-388-0404
Data last updated August 1, 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.
