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Grandfathered, transferable Short-Term Rental license for the furnished, 748 SF cottage plus a furnished month-to-month 674 SF ADU above the garage/workshop--two legal income streams in one prime location. The Cottage is a fully remodeled 1910 Craftsman bungalow, refreshed head-to-toe in 2023. This light-filled 1-bed, 1-bath home features modern comforts, mini-split heating & cooling, multiple decks, and a charming covered porch. This property can sleep up to four guests. The property's separate ADU was built from the ground up in 2024/2025. The second story features a month to month rental unit w/ soaring ceilings, king-size bedroom, balcony, full kitchen, and in-unit laundry. The large windows allow natural light in from all sides. The ground floor garage hosts a working studio that is locked out to the above apartment. The garage features a half bath, utility sink, & natural light. This property provides proven rental appeal in the heart of Bend.
Listing courtesy of Cascade Hasson SIR, agent Megan Power
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 $1,020,000 · $255,000 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 $1,275,000 with 20% down, this property runs $5,986 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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