15 Franklin Avenue, Bend, OR 97703 · Park Addition $675,000
15 Franklin Avenue
Bend, OR 97703 · Park Addition
Down $24,000 from original list price $699,000.
Active168 days on market$754/sqft
About this home
Welcome to the Franklin Foundry! Just blocks from Downtown Bend, this character-rich, two-unit property is a true blank canvas, zoned Commercial General and ready to be shaped into its next chapter. Formerly a guitar builder's workshop, the building is full of warmth and originality, featuring custom wood windows and fir and bamboo flooring throughout. Recent updates include exterior paint in 2020 and a freshly painted interior, creating a clean starting point for a wide range of uses. With a flexible layout, unfinished basement storage, and a coveted downtown location near dining, shopping, and events, the Franklin Foundry offers a rare opportunity to reimagine a space with vision — whether creative, commercial, a successful short term rental or mixed-use — in the heart of Bend. Historically a foundry is a place where raw materials are transformed into something new, and that spirit of possibility and endless potential lives here.
Listing courtesy of Windermere Realty Trust, agent Jenna Conrad
Data last updated July 10, 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 $540,000 · $135,000 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 $1,318 ($1,175–$1,525) · HUD Fair Market Rent (FY2025), Deschutes County, 1BR. Edit to your own number.
At $675,000 with 20% down, this property runs $2,981 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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