Pilot Butte Park Est
Discover a turn-key duplex investment opportunity on Bend's Northeast side offering immediate rental income. Each unit features two bedrooms and two bathrooms with functional layouts designed for comfortable living. This duplex provides cash flow from day one, with leases already in place generating approximately $3,500 per month in rental income.Whether you are an investor looking to expand your portfolio or a house hacker hoping to offset your mortgage, this property offers outstanding flexibility. Updated washer, dryers, refrigerator, and ovens.
Located just moments from Pilot Butte, you'll enjoy easy access to hiking trails, shopping, dining, and the outdoor recreation that defines Central Oregon living. With approximately 40% of Bend residents being renters, this property is well positioned to capitalize on continued rental demand while offering the opportunity to invest in Bend's sought-after High Desert lifestyle.
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Loan amount $503,000 · $126,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers 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 $629,000 with 20% down, this property runs $2,546 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 Real Broker, agent Stephanie Peters, 855-450-0442
Data last updated August 13, 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.
Source: Spark MLS. Active inventory.