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1696 NE Lotus Dr - 1696 NE Lotus Dr, Bend, OR 2 Unit Apartment Building Offered at $974,756 CAD Bend, OR 97701
Investment Highlights
- Fully leased
- Attached garages
- Strong healthcare-driven rental corridor
- Elevated homesite with private yard
Executive Summary
Quality-built and professionally maintained duplex in the highly desirable Pines at Pilot Butte, offering an opportunity to acquire a performing asset in one of
Bend's most established eastside neighborhoods. Each unit features a thoughtfully designed 3-bedroom, 2.5-bath floor plan with approximately 1,289 square
feet of living space, attached one-car garages, and included appliances. The property sits on an elevated homesite, providing separation, territorial outlooks, and
private backyard areas for each residence. Ideally located near St. Charles Medical Center, Pilot Butte State Park, schools, and major retail corridors, the duplex
benefits from enduring tenant demand driven by healthcare and service-sector employment nearby. Fully leased and maintained, this offering is well suited for
investors seeking dependable income in a market where new duplex inventory remains limited.
Bend's most established eastside neighborhoods. Each unit features a thoughtfully designed 3-bedroom, 2.5-bath floor plan with approximately 1,289 square
feet of living space, attached one-car garages, and included appliances. The property sits on an elevated homesite, providing separation, territorial outlooks, and
private backyard areas for each residence. Ideally located near St. Charles Medical Center, Pilot Butte State Park, schools, and major retail corridors, the duplex
benefits from enduring tenant demand driven by healthcare and service-sector employment nearby. Fully leased and maintained, this offering is well suited for
investors seeking dependable income in a market where new duplex inventory remains limited.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $974,756 CAD | Building Size | 2,578 SF |
| Price Per Unit | $487,378 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 2006 |
| Property Type | Multifamily | Parking Ratio | 0.78/1,000 SF |
| Lot Size | 0.12 AC | Opportunity Zone |
Yes
|
| Price | $974,756 CAD |
| Price Per Unit | $487,378 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 2,578 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 0.78/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | - | 1,289 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 207872 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $345,026 CAD |
Property Taxes
Parcel Number
207872
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$345,026 CAD
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1696 NE Lotus Dr - 1696 NE Lotus Dr, Bend, OR
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