Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1948
Sq.Footage
N/A
This duplex at 466 & 468 NE Olney Ave. offers two income-producing two-bedroom units with stable tenants in place, generating a total of $3,320 in monthly rent. Priced at $599,000, the property sits on a 7,405 SF lot with 1,600 SF of building space and includes three onsite parking spaces. Recent kitchen and bathroom upgrades, below-market rents, and a highly desirable location contribute to its strong investment appeal. With an estimated NOI of $28,471.20 and a cap rate of 4.75%, this asset presents solid cash flow and upside potential in a competitive rental market.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Shared Driveway
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.17
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Northwest
Price
-
Sales Price
$599,000
-
Tax Amount
2221.02
-
Zoning
RH
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Juniper Elem
-
Middle School
Pilot Butte Middle
-
High School
Bend Sr High
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
9 & 10
-
Water Source
Public
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Location
County
Deschutes
Elementary School
Juniper Elem
Middle School
Pilot Butte Middle
High School
Bend Sr High
Listing Courtesy of Daniel B Kemp , Compass Commercial Real Estate
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Agent / RealtorĀ®
TaylorLabno
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