🏡 OFF-MARKET BEND OREGON INVESTMENT PROPERTY: 3 Bed 1 Bath Ranch Home on .48 Acres | NE Bend Real Estate Deal
Off-market investment opportunity in NE Bend, Oregon! This 3-bedroom, 1-bathroom, 1,152 sq ft single-level ranch home sits on .48 acres and offers incredible potential for investors, first-time buyers, or developers. Built in 1977, this property is located in one of Bend's most affordable and up-and-coming neighborhoods.
PROPERTY DETAILS:
📍 Location: NE Bend, Oregon
🏠 Property Type: Single-family ranch home
🛏️ Bedrooms: 3
🛁 Bathrooms: 1
📐 Square Footage: 1,152 sq ft
🌲 Lot Size: .48 acres (20,909 sq ft)
🏗️ Year Built: 1977
✨ Style: Single-level ranch
WHY THIS IS A GREAT INVESTMENT:
✅ Large lot (.48 acres) - Room for ADU, shop, RV parking, or future development
✅ Single-level living - Highly desirable in Bend for accessibility and aging-in-place
✅ NE Bend location - Affordable Bend neighborhood with strong rental demand
✅ Off-market deal - Less competition, better negotiating position
✅ Rental income potential - 3-bed homes rent $2,200-$2,800/month in NE Bend
✅ ADU opportunity - Bend allows ADUs for additional rental income
✅ Renovation upside - Value-add potential for investors or flippers
✅ Owner-occupy or rent - Perfect for house hacking or long-term rental
NE BEND OREGON NEIGHBORHOOD:
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NE Bend is one of Bend's most affordable areas while still offering proximity to downtown Bend (10 minutes), grocery stores, schools, and outdoor recreation. The neighborhood is growing rapidly with new developments, making it an emerging investment area in the Bend real estate market. NE Bend attracts working families, first-time buyers, and renters looking for value in Central Oregon.
INVESTMENT ANALYSIS:
Purchase Price: will go live at $439k
Estimated Rent: $2,800-$3,400/month for long-term rental
Potential ADU Income: +$1,200-$1,500/month additional
Property Taxes: $2,818.96 in 2025 (Deschutes County)
Cash Flow Potential: Strong with house hacking or ADU addition
WHO IS THIS FOR?
💰 Real estate investors looking for Bend rental properties
🏠 First-time home buyers wanting affordable Bend real estate
🔨 Fix-and-flip investors seeking value-add opportunities
🏡 House hackers who can live in main house and rent ADU
👷 Developers interested in .48-acre lot potential
🌲 Lifestyle buyers wanting space, privacy, and Bend access
WHY .48 ACRES MATTERS IN BEND:
Large lots are rare in Bend, Oregon. This .48-acre property offers incredible flexibility: build an ADU for rental income, add a shop or garage, create gardens, park RVs/toys, or potentially subdivide (check zoning). Land value in Bend continues to appreciate as available inventory shrinks.
BEND OREGON REAL ESTATE MARKET 2025:
Bend's housing market remains strong with limited inventory, high demand from relocating buyers, and rental vacancy rates under 2%. Investment properties in Bend offer long-term appreciation and consistent rental income due to tourism, remote workers, and lifestyle migration from California, Washington, and beyond.
OFF-MARKET OPPORTUNITIES:
Off-market deals give investors and buyers first access before properties hit MLS, reducing competition and often resulting in better pricing. If you're looking for off-market investment properties in Bend, Redmond, Sisters, or Central Oregon, let's connect.
INTERESTED IN THIS PROPERTY OR OTHER BEND INVESTMENT DEALS?
📱 Call/Text: (541) 797-9939
📧 Email: [email protected]
📅 Schedule Consultation: https://calendly.com/justin-varsityor...
✈️ 🚞 🚗 Moving to Bend? Let's talk: https://form.typeform.com/to/AKs3ihjM
I specialize in Bend Oregon investment properties, off-market deals, and helping investors build rental portfolios in Central Oregon. Whether you're looking for single-family rentals, multi-family properties, ADU opportunities, or fix-and-flip deals, I have access to off-market inventory before it hits the public market.
Justin Scott
Licensed Oregon Real Estate Broker #201257899
Varsity Real Estate | Bend, Oregon
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