New construction residential income property in NW Bend. Duplex with two units each offering 2 bedrooms and 2.5 bathrooms. Located near Riley Ranch Preserve and close to Costco, with convenient access to major corridors. Each unit includes quartz countertops, stainless steel appliances, waterproof plank flooring, hand-textured walls, cement lap siding, and a 40-year architectural roof. Energy-efficient design includes high-efficiency heat pumps with air conditioning. Fenced private yards feature concrete patios, enclosed exterior storage, and full low-maintenance landscaping. Attached finished garages with automatic openers. Estimated completion late June. Turn-key investment opportunity with professional property management and rental proforma available. Seller is a licensed Oregon real estate broker and partner in H&B Developers.
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Listing courtesy of Invest in Bend Real Estate, agent Ian Berg
Data last updated July 12, 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 $699,000 · $175,000 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 $874,000 with 20% down, this property runs $3,485 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.
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