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931 NW Carlon Ave - 4-Plex with Spectacular River Views 4 Unit Apartment Building Offered at $2,054,565 CAD Bend, OR 97703
Investment Highlights
- Excellent west side location near downtown Bend
- Three units recently renovated
- Private decks and storage lockers for each unit
- Stunning views of Deschutes River, Whitewater Park, and McKay Park
- In-unit washer/dryers
- Potential seller financing
Executive Summary
Exciting 4-plex investment opportunity totaling 4,416 SF in one of Bend’s most sought-after west side settings, just steps from the Deschutes River Trail, Old Mill District, and downtown core. Positioned to capture stunning riverfront surroundings and immediate access to Bend’s premier outdoor recreation, dining, and entertainment amenities, this 0.23-acre property offers an exceptional lifestyle-driven location that consistently attracts strong tenant demand. Built in 1978 and zoned Residential Medium Density (RM), the property features a desirable unit mix of two 3 bed, 1.5 bath units and two 2 bed, 1.5 bath units, with three units recently renovated to enhance rental appeal. Each unit includes in-unit washer and dryers, private decks, and dedicated storage, while on-site parking and a current vacancy provide both convenience and immediate upside potential in this highly walkable and vibrant riverfront neighborhood.
Property Facts
| Price | $2,054,565 CAD | Lot Size | 0.23 AC |
| Price Per Unit | $513,641 CAD | Building Size | 4,416 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1978 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | RM - Residential Medium Density | ||
| Price | $2,054,565 CAD |
| Price Per Unit | $513,641 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.23 AC |
| Building Size | 4,416 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Opportunity Zone |
Yes |
| Zoning | RM - Residential Medium Density |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 2 | - | - |
| 2+1.5 | 2 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Contacts
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Ron Ross -
Terry ONeil -
Luke Ross -
Dan Kemp -
Emilio Tiscareno -
Compass Commercial Real Estate Services
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931 NW Carlon Ave - 4-Plex with Spectacular River Views
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