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Back on market with great new price. Studio Garden Apartments. Iconic Bend, Oregon apartment homes located in the heart of the community. First time ever on the market. Family developed, owned, and managed since the 1970's. 22 garden style units on 2.82 acres in a beautiful, wooded setting with seasonal canal running through. 3 two story buildings containing 10 one bed one bath apartments and 12 two bed one bath apartments. Plus two laundry rooms with storage units. Extremely well managed and maintained. Always fully occupied. And best of all, over an acre of developable property all zoned RM for multifamily housing.
A rough estimate, not a quote. Loan amount $3,360,000 · $840,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
2.73 acres on the county assessor’s map, tax lot 171228AB05200 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
2.73 acres on the county assessor's map. Tax lot 171228AB05200, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
27 listings of every type for sale, 15 pending, 11 sold in the last 30 days. Tap a place for its numbers, or slide the price.
In Bend, the largest city in Central Oregon, between the high desert and the Cascades.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Orchard District, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 81 of the 89 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
Neighborhood
Orchard District sits in central-northeast Bend, in the area residents and the city call Midtown. The neighborhood association's own map draws the boundary from Pilot Butte on the east to the BNSF railroad and the US-97 Parkway on the west, with Franklin Avenue as the south edge and Butler Market Road as the north. That puts most of the neighborhood about a mile from downtown, close enough that the NE 6th Street Neighborhood Greenway, one of Bend's first, carries cyclists and walkers the length of the district from Greenwood Avenue to Butler Market Road on calmed streets with speed humps and marked crossings instead of a painted bike lane on a busy arterial.
The name comes from a real, failed business rather than a marketing flourish. In the 1930s, growers planted a commercial apple orchard on the land now behind Wagner Mall, betting that the area's slightly lower elevation and its shelter from Bend's prevailing wind would keep frost off the trees through more of the season. The commercial orchard did not survive, but the warmer pocket of air it was built on did, and longtime residents still call it the banana belt. A handful of buildings from that era, including the orchard's original farmhouse and its office, are still standing and still lived in today. Most of the housing around them came later. Ranches and split-levels went up through the 1950s, 60s, and 70s, on lots that run larger than Bend's average. Because the neighborhood grew up house by house over four decades rather than as a single platted subdivision, the housing stock is a real mix of eras and conditions, not a matched set from one builder.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Dec 31, 2025 | Price drop | $3,800,000$400K down |
| Sep 9, 2025 | Back on market | $4,200,000$550K down |
| Sep 9, 2025 | Listed | $4,750,000 |
$229 per sq ft
111 days on market. Bend median to pending is 22 days.
Tax $25,934 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Listing courtesy of Compass Commercial Real Estate, agent Ronald Ross, 541-383-2444
Data last updated September 3, 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.
Median close price $750,000 in Aug 2026, down 5.7% from Aug 2025.
Sep 2024 to Aug 2026 (24 months) · Market Truth leftover, Bend city, monthly median close. Completed months only.
This home is listed at $4,200,000, 339.8% above the Bend median list price. See full Bend market →