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The Eight at the Old Mill was designed for the buyer who doesn't want to choose between a great location and a smart investment. The main residence offers 3 bedrooms and 2.5 baths of designer finishes above a fully independent ADU with its own private entrance, full kitchen, full bath, and laundry. Live above, rent below, or let both units work as short-term rentals. This property carries no overnight rental restrictions and is fully clear of the City of Bend's 500-ft STR rule. Designer finishes set the tone throughout - wide-plank white oak floors, a Thermador gas cooktop, JennAir panel-ready appliances, quartz countertops, a linear gas fireplace, and artisan tilework across every bath. Multiple decks, an EV-ready 2-car garage, and HOA-maintained grounds complete the property. Steps from the Box Factory, Crux, the Deschutes River, and the shops, dining and fitness of the Old Mill District, this is where living well and investing wisely are the same decision.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $1,383,000 · $346,000 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 $2,799 ($2,525–$3,225) · HUD Fair Market Rent (FY2025), Deschutes County, 4BR. Edit to your own number.
At $1,729,000 with 20% down, this property runs $7,302 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 Brian Ladd, 541-383-7600
Data last updated August 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.
