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Welcome to your new home or next investment- a beautifully maintained, like-new single-level home in the heart of Midtown Bend. This light-filled 2-bedroom gem features soaring ceilings, an open and efficient layout, with a fresh, modern feel throughout. Crisp kitchen features include quartz countertops, SS Kitchenaid appliance package and ample storgage. The home borders a neighboring property on over ¾ of an acre, creating a rare sense of space and privacy in the midst of this vibrant neighborhood. What really sets this property apart is the versatile ADU - perfect for multi-generational living, a separate home office, or a fantastic income-generating investment. Whether you're looking to live, work, or earn, this setup checks all the boxes. Located just blocks from Orchard Park, Hollinshead Park, Midtown Yacht Club, and so much more, you'll love the convenience of this thriving neighborhood. A unique blend of comfort, flexability, and location- this opportunity is not to be missed!
A rough estimate, not a quote. Loan amount $616,000 · $154,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.1 acres on the county assessor’s map, tax lot 171228CA00866 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
0.1 acres on the county assessor's map. Tax lot 171228CA00866, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
27 listings of every type for sale, 15 pending, 11 sold in the last 30 days. Tap a place for its numbers, or slide the price.
In Bend, the largest city in Central Oregon, between the high desert and the Cascades.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Orchard District, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 81 of the 89 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Neighborhood
Orchard District sits in central-northeast Bend, in the area residents and the city call Midtown. The neighborhood association's own map draws the boundary from Pilot Butte on the east to the BNSF railroad and the US-97 Parkway on the west, with Franklin Avenue as the south edge and Butler Market Road as the north. That puts most of the neighborhood about a mile from downtown, close enough that the NE 6th Street Neighborhood Greenway, one of Bend's first, carries cyclists and walkers the length of the district from Greenwood Avenue to Butler Market Road on calmed streets with speed humps and marked crossings instead of a painted bike lane on a busy arterial.
The name comes from a real, failed business rather than a marketing flourish. In the 1930s, growers planted a commercial apple orchard on the land now behind Wagner Mall, betting that the area's slightly lower elevation and its shelter from Bend's prevailing wind would keep frost off the trees through more of the season. The commercial orchard did not survive, but the warmer pocket of air it was built on did, and longtime residents still call it the banana belt. A handful of buildings from that era, including the orchard's original farmhouse and its office, are still standing and still lived in today. Most of the housing around them came later. Ranches and split-levels went up through the 1950s, 60s, and 70s, on lots that run larger than Bend's average. Because the neighborhood grew up house by house over four decades rather than as a single platted subdivision, the housing stock is a real mix of eras and conditions, not a matched set from one builder.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Sep 12, 2025 | Price drop | $762,000$8K down |
| Jul 11, 2025 | Price drop | $770,000$45K down |
| Jun 6, 2025 | Listed | $815,000 |
$660 per sq ft
97 days on market. Bend median to pending is 22 days.
Tax $4,914 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100 to $2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
Cash flow
-$2,826/mo
Cap rate
2.0%
Cash on cash
-22.0%
Cash needed
$154,000
At $770,000 with 20% down, this property runs $2,826 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $793,100 | $183,357 | -$33,909 |
| 2 | $816,893 | $213,860 | -$33,603 |
| 3 | $841,400 | $245,562 | -$33,292 |
| 5 | $892,641 | $312,790 | -$32,650 |
| 10 | $1,034,816 | $506,211 | -$30,929 |
| 20 | $1,390,706 | $1,037,737 | -$26,933 |
| 30 | $1,868,992 | $1,868,992 | -$22,061 |
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 Varsity Real Estate, agent Cole Billings, 541-215-4442
Data last updated September 3, 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.
Median close price $750,000 in Aug 2026, down 5.7% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $770,000, 19.4% below the Bend median list price. See full Bend market →