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940 NE Norton Ave Bend, OR 97701 940 NE Norton Ave 2 Unit Apartment Building $1,019,868 CAD ($509,934 CAD/Unit) 6% Cap Rate Bend, OR 97701



Investment Highlights
- Great Location in Midtown - Close to Downtown, Central District & Medical Campuses
- Single Family Home plus ADU
- Flexible Floorplan
Executive Summary
Nestled in the heart of Midtown Bend, Hiatus Ninth invites you to experience a new chapter in intentional living or make a smart move with long-term investment potential. Surrounded by the best of Central Oregon, from peaceful strolls up Pilot Butte to afternoon bites at Bruno's Market or a pint at Midtown Yacht Club, this thriving neighborhood offers both charm and convenience. Each Twinhome features two fully private residences on one lot: a 1-bed, 1.5-bath primary home and a separate, lofted 1-bed ADU with its own entrance, full kitchen, off-street parking and sweeping views from above the tree canopy. Whether you're planning for multi-generational living, flexible guest space, or steady rental income from one or both units, this award-winning design is built to adapt. With energy-efficient systems, solar-ready infrastructure, and a 10 out of 10 Home Energy Score, you'll enjoy lower operating costs and lasting value. From the sun-drenched great room to the elevated retreat of the ADU, Hiatus Ninth offers the rare combination of modern design, lifestyle appeal, and strong investment fundamentals, all in one of Bend's most desirable and connected districts.
Property Facts
| Price | $1,019,868 CAD | Building Class | B |
| Price Per Unit | $509,934 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 1,196 SF |
| Cap Rate | 6% | No. Stories | 2 |
| No. Units | 2 | Year Built | 2026 |
| Property Type | Multifamily | Parking Ratio | 1.67/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Single-Family Home | ||
| Zoning | RS - Residential Single-Family | ||
| Price | $1,019,868 CAD |
| Price Per Unit | $509,934 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 1,196 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 1.67/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RS - Residential Single-Family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Heating
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Oven
- Range
- Double Pane Windows
- Loft Layout
- Pantry
- Patio
- Large Bedrooms
Site Amenities
- Fenced Lot
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
70/100
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940 NE Norton Ave Bend, OR 97701 | 940 NE Norton Ave
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