2025 NE Neil Way, Bend, OR 97701

Local realty services provided by:ERA Freeman & Associates, Realtors
2025 NE Neil Way,Bend, OR 97701
$3,150,000
  • - Beds
  • - Baths
  • 12,561 sq. ft.
  • Multi-family
  • Active
Listed by: dawn cordiner
Office: exp realty, llc.
MLS#:428951739
Source:PORTLAND

Price summary

  • Price:$3,150,000
  • Price per sq. ft.:$250.78

About this home

Rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio in a desirable NE Bend cul-de-sac. Spread across six duplexes on three separate tax lots, this asset presents a stable income stream with multiple exit strategies and potential for future value growth. Significant capital improvements have been made, including new siding, updated windows, and rebuilt decks, reducing near-term expenses and boosting tenant retention. Each 1,046 sq. ft. unit features 2 bedrooms, 1.5 baths, in-unit washer/dryer hookups, a wood stove, and private rear deck. The functional two-level layout includes a kitchen, living area, and half bath on the main floor, with bedrooms, full bath, and laundry closet upstairs. Additional features include 7 detached garages that are rented individually and a semi-private greenbelt with mature trees. Interior finishes vary, allowing for upside through strategic unit upgrades. Located minutes from major employers, Pine Nursery Park, Costco, hospital, and

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Home facts

  • Year built:1978
  • Listing ID #:428951739
  • Added:186 day(s) ago
  • Updated:December 29, 2025 at 12:12 PM

Rooms and interior

  • Living area:12,561 sq. ft.

Heating and cooling

  • Heating:Baseboard, Wood Stove

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:12,561 sq. ft.
  • Lot area:0.89 Acres

Schools

  • High school:Mountain View
  • Middle school:Pilot Butte
  • Elementary school:Ensworth

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,150,000
  • Price per sq. ft.:$250.78
  • Tax amount:$19,620 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: December 29, 2025

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