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Step into the perfect blend of timeless charm and modern convenience with this 1918 Craftsman home, ideally located in the vibrant heart of downtown Bend. The main residence features 2 bedrooms, 1 bath and a laundry/storage room, showcasing classic architectural details. A detached studio-style ADU adds versatility, complete with its own kitchen, bathroom, and generous storage closet - ideal for guests, rental income, or a home office.
Set on a 0.14-acre lot, the property also offers exciting development potential. Just blocks from the Deschutes River, Old Mill District, local parks, and downtown Bend's mix of shops and restaurants, this home places you at the center of it all. Whether you're looking for a primary residence, an investment opportunity, or both, this is a rare gem that delivers on location, character, and future possibilities.
A rough estimate, not a quote. Loan amount $660,000 · $165,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.14 acres on the county assessor’s map, tax lot 171232CB14300 · 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.
0.14 acres on the county assessor's map. Tax lot 171232CB14300, 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.
11 listings of every type for sale, 3 pending, 2 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 Old Bend, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines the 21 places with a recorded boundary; listings outside them 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
Old Bend is where the city started. It is bounded by the Deschutes River to the west, Drake Park and Franklin Avenue to the north, Highway 97 to the east, and Arizona Avenue to the south, roughly 1 square mile, and it is the smallest of the city's neighborhood association districts. Alexander M. Drake subdivided the land in 1910 through the Pilot Butte Development Company, selling the original lots for $100 to $250. The Oregon Trunk Railroad reached Bend in 1911, and the Shevlin-Hixon and Brooks-Scanlon mills opened within a month of each other in 1916, Shevlin-Hixon in March and Brooks-Scanlon in April. Bend's population went from 536 people in 1910 to 5,414 by 1920, and most of Old Bend's housing stock was built to hold that growth: small lots, alley-loaded garages, homes sized for millworkers rather than for show.
That history is why the neighborhood looks the way it does. The Drake Park Neighborhood Historic District, listed on the National Register of Historic Places on June 3, 2005 (NRHP reference 05000380), covers 17 city blocks and 83 residential lots inside Old Bend, with 82 percent of the homes built between 1910 and 1954. Fourteen architectural styles show up across those lots, led by 25 Craftsman bungalows and 17 homes in the various Colonial styles, with English Cottage, Tudor, Dutch Colonial, Spanish Colonial Revival, Georgian Revival, and California Ranch in smaller numbers. Four houses were individually listed on the National Register before the district designation: the Putnam House at 606 NW Congress (1911), the McCann House at 440 NW Congress (1915), the Moore House (1921), and the Hamilton House (1923).
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| Date | Event | Price |
|---|---|---|
| Sep 17, 2025 | Price drop | $817,000$8K down |
| Sep 2, 2025 | Back on market | $825,000 |
| Sep 2, 2025 | Listed | $825,000 |
$1,074 per sq ft
13 days on market. Bend median to pending is 22 days.
Tax $2,461 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
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $2,336 ($2,100–$2,675) · HUD Fair Market Rent (FY2025), Deschutes County, 3BR. Edit to your own number.
At $825,000 with 20% down, this property runs $2,914 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.
Listing courtesy of Cascade Hasson SIR, agent Tara Farstvedt, 541-383-7600
Data last updated September 2, 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 $825,000, 13.1% below the Bend median list price. See full Bend market →