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1647 NE Lotus Drive

Bend, OR 97701
  • $685,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 220194748
Price Reduced
UPDATED: 17 min ago
$685,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Coldwell Banker Mayfield Realty :.

Description

Income-Producing Single family home/Duplex: Originally a single-family home, this property now features a fully finished basement apartment, creating a duplex setup in a Residential Medium Density (RM) zone. Perfect For multi-generational living, Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other. It generates $43,200 in annual gross income with room to increase rents. Seller financing is being considered

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Central Oregon Association of Realtors logo © 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty. Data last updated: .2025-05-17T10:44:13.333
www.createalegacy.estate/homes/159612163
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1647 NE Lotus Drive Bend, OR 97701

  • Price: $685,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 17 min ago
  • MLS #: 220194748
4
Beds
2
Baths
0
½ Baths
0.15
Acres
1945
Built
Neighborhood:
Clab
County:
Deschutes
Area:
Bend
Elementary School:
Juniper Elem
Middle School:
Pilot Butte Middle
High School:
Bend Sr High
Property Description
Income-Producing Single family home/Duplex: Originally a single-family home, this property now features a fully finished basement apartment, creating a duplex setup in a Residential Medium Density (RM) zone. Perfect For multi-generational living, Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other. It generates $43,200 in annual gross income with room to increase rents. Seller financing is being considered
Exterior Features

Architectural Style Traditional Attached Garage YN Yes Construction Materials Frame Exterior Features Courtyard Foundation Details Stemwall Lot Features Level Parking Features Alley AccessAttachedGravel Roof Composition Window Features Double Pane WindowsVinyl Frames

Interior Features

Appliances DishwasherOvenRangeRefrigeratorWater Heater Basement Finished Cooling None Cooling YN No Fireplace Features GasGreat Room Fireplace YN Yes Flooring LaminateVinyl Heating ElectricWall Furnace Heating YN Yes Interior Features Breakfast BarBuilt-in FeaturesLaminate CountersShower/Tub ComboTile Shower Levels Two Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Square Footage 1596 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Square Footage 900

Property Features

Accessibility Features [] Additional Features Common Area Yes Additional Parcels YN No Association Amenities [] Association YN No Building Area Total 2496 CCRs YN No Common Walls No Common Walls Community Features [] Listing Terms CashConventional New Construction YN No Other Structures [] Property Sub Type Duplex Road Frontage Type Easement Road Surface Type Gravel Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 2886.41 Tax Year 2024 Unit1 Monthly Rent 2000 Unit1 Status Leased Unit2 Monthly Rent 1600 Unit2 Status Leased View [] Water Source Public Waterfront Features [] Zoning Description RM

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Coldwell Banker Mayfield Realty :.

Central Oregon Association of Realtors logo © 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty 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 Schaake Capital Group | Cascade Hasson Sotheby's International Realty. Data last updated: .2025-05-17T10:44:13.333
 
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Schaake Capital Group | Cascade Hasson Sotheby's International Realty
650 SW Bond St, Ste. 100
Bend OR, 97702
Listing provided courtesy of Coldwell Banker Mayfield Realty :.