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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.
A rough estimate, not a quote. Loan amount $1,020,000 · $255,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.11 acres on the county assessor’s map, tax lot 171231DA01100 · 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.
0.11 acres on the county assessor's map. Tax lot 171231DA01100, 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.
45 listings of every type for sale, 19 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 River West, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 81 of the 128 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.
Neighborhood
River West sits on the west bank of the Deschutes River, directly across from downtown Bend, in the grid of streets between NW Newport Avenue and the river trail. Ponderosa pines shade most blocks, and the streets are narrow enough that traffic moves slowly even before you reach a stop sign. A resident can walk to a full grocery store, a dozen restaurants, and the river within the same ten minutes it takes to drive to the far side of town. That combination of river frontage and a walkable commercial strip is the reason people choose this neighborhood over Bend's newer subdivisions on the edges of the city, and it comes with a real cost, described below.
The neighborhood's history is tied to Bend's lumber-mill economy. The Shevlin-Hixon Lumber Company built a mill on the Deschutes River in 1916, one of two mills, with Brooks-Scanlon on the opposite bank, that helped drive Bend's population from 536 in the 1910 census to 5,415 in 1920 and 8,848 in 1930. Shevlin-Hixon sold its operation to Brooks-Scanlon in 1950 as the old-growth pine ran out, and the combined mills shut down in the early 1950s. Much of River West's original housing, small Craftsman bungalows and cottages on narrow lots, dates to that boom period. Oregon's 2019 middle housing law, House Bill 2001, now requires cities including Bend to allow duplexes through quadplexes on residential lots, which is part of why the original bungalow stock now sits next to newer duplexes and other infill construction.
Daily life
Drive times
| Date | Event | Price |
|---|---|---|
| Aug 17, 2026 | Price dropMlsStatus: Pending → Closed | $1,200,000$75K down |
| Aug 17, 2026 | Sold | $1,275,000 |
| Jul 15, 2026 | Pending | $1,275,000 |
| May 15, 2026 | Active | $1,275,000$75K down |
| May 13, 2026 | Listed | $1,350,000$75K up |
| Apr 16, 2026 | Price change | $1,275,000 |
$1,705 per sq ft
95 days on market. Bend median to pending is 22 days.
Tax $4,403 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 $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.
Listing courtesy of Cascade Hasson SIR, agent Megan Power, 541-383-7600
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 $1,275,000, 33.5% above the Bend median list price. See full Bend market →