Desirable Old Mill/Deschutes River Trail location! This four-plex offers strong rental appeal on a quiet street close to shopping, dining, and recreation. Three townhome-style units feature 2BR/1.5BA with bedrooms and full bath upstairs; the main level includes a half bath, laundry hookups, and a cozy gas fireplace. The fourth unit provides a 3BR layout for added rental flexibility. Each unit has private entry, multiple decks, and off-street parking. Excellent opportunity for investors or owner-occupants—live in one and rent the others, or add to your portfolio in a high-demand Bend corridor.
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Listing courtesy of Invest in Bend Real Estate, agent Ian Berg
Data last updated July 17, 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 $880,000 · $220,000 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 $1,100,000 with 20% down, this property runs $5,204 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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