429 State Street, Bend, OR 97703 · Park Addition $1,195,000
429 State Street
Bend, OR 97703 · Park Addition
Down $100,000 from original list price $1,295,000.
Active125 days on market$1,146/sqft
About this home
Just a short stroll from Downtown Bend, Drake Park, Mirror Pond, Old Mill & Deschutes River, this location is truly unbeatable. Experience the best of Bend right outside your front door - award-winning restaurants, boutique shopping, live music & miles of scenic riverfront trails. This rare opportunity features a charming 2-bedroom, 1-bath home set on a spacious lot in one of Bend's most sought-after neighborhoods. Offering 1043 SF of updated single-level living plus a 990 SF, partially finished, full-height basement. This home provides flexibility, storage & exciting potential for expansion or customization. Originally built in 1930, it blends vintage character w/ thoughtful updates, including a new roof & exterior paint completed last year, along with reinforced & improved substructure. A detached double garage adds convenience & versatility, making this property an exceptional investment or primary residence. Downtown homes like this seldom come available - schedule your showing.
Listing courtesy of RE/MAX Key Properties, agent John Kelley
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 $956,000 · $239,000 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 $1,195,000 with 20% down, this property runs $5,589 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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