1647 NE Lotus Drive Bend, OR 97701
Listing Courtesy of: Oregon Datashare / Coldwell Banker Mayfield Realty / Amanda Johnson

  1647 NE Lotus Drive Bend, OR 97701

Active (80 Days)
$699,000

Description

This duplex offers a unique opportunity to own an income-generating property in a Residential Medium Density (RM) zone, providing incredible potential for future development or expansion. One unit is the original home and the other is a basement apartment. Already generating $43,200/year in gross income with potential to increase.

Perfect For Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with zoning flexibility and future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other.

Don't miss this opportunity to capitalize on the flexibility and income potential. Contact me today for more info!

MLS #:
220194748
Taxes
$2,886(2024)
Lot Size
6,534 SQFT
Type
Multifamily
Year Built
1945
Style
Traditional
County
Deschutes County

Listed By

Amanda Johnson, Coldwell Banker Mayfield Realty
Source
Oregon Datashare
Last checked Apr 11 2025 at 6:32 AM GMT+0000
Bathroom Details
Interior Features
  • Breakfast Bar
  • Built-In Features
  • Laminate Counters
  • Shower/Tub Combo
  • Tile Shower
Kitchen
  • Dishwasher
  • Oven
  • Range
  • Refrigerator
  • Water Heater
Subdivision
  • Clab
Lot Information
  • Level
Property Features
  • Fireplace: Gas
  • Fireplace: Great Room
  • Foundation: Stemwall
Heating and Cooling
  • Electric
  • Wall Furnace
  • None
Basement Information
  • Finished
Flooring
  • Laminate
  • Vinyl
Exterior Features
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Juniper Elem
  • Middle School: Pilot Butte Middle
  • High School: Bend SR High
Parking
  • Alley Access
  • Attached
  • Gravel
Stories
  • Two

Listing Brokerage Notes
Buyer Brokerage Compensation: 2.5%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 02, 2025
Price Changed
$699,000
-5%
-36,000
Mar 24, 2025
Price Changed
$735,000
-2%
-15,000
Jan 21, 2025
Original Price
$750,000
-
-
Disclaimer:
© 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than (insert company name) are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Mayfield Realty. Data last updated: 4/10/25 23:32.