$1,008,000
1284 Mill Pond
Bend, OR 97702 · Old Mill Heights
Closed Jun 202672 days on market$297/sqft
About this home
Rare investment opportunity in the heart of Bend! This well-maintained triplex offers the perfect blend of stability and lifestyle, with a solid rental history. Recent improvements, include fresh exterior paint and a brand-new roof in 2026. All units feature updated laminate flooring on the lower levels for a modern, durable finish. Unit #100 has fresh paint and new carpet, making it move-in ready. Residents can enjoy the ultimate Bend lifestyle with world-class amenities just a short walk away. Located within easy walking distance to the Old Mill District for premier shopping, dining, and movies, as well as the Hayden Homes Amphitheater for summer concerts. Outdoor enthusiasts will love the immediate access to the Deschutes River, the RiverTrail, and the Canal Trail for miles of scenic walking and biking. Whether you are looking for a reliable income producer or a premier ''house-hack'', this turnkey triplex delivers a solid financial foundation in an unbeatable location.
Listing courtesy of Stellar Realty Northwest, agent Brook Criazzo
Data last updated June 27, 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 $848,000 · $212,000 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 $1,060,000 with 20% down, this property runs $5,063 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.
MlsStatus: Pending → Closed
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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