Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
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$685,000

$685,000

Est.Price: ?

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Est. payment /mo

2,496 SqFt


SOLD DATE : 07/14/2025

Key Details

Sold Price $685,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $274

Subdivision Clab

MLS Listing ID 220194748

Sold Date 07/14/25

Style Traditional

Year Built 1945

Annual Tax Amount $2,886

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 0.15

Property Sub-Type Duplex

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.

Property fully rented was generating $43,200 in annual gross income with room to increase rents. Bottom unit now vacant. Seller financing is being considered

Location

State OR

County Deschutes

Community Clab

Rooms

Basement Finished

Interior

Interior Features Breakfast Bar, Built-in Features, Laminate Counters, Shower/Tub Combo, Tile Shower

Heating Electric, Wall Furnace

Cooling None

Fireplaces Type Gas, Great Room

Fireplace Yes

Window Features Double Pane Windows,Vinyl Frames

Exterior

Exterior Feature Courtyard

Parking Features Alley Access, Attached, Gravel

Roof Type Composition

Building

Lot Description Level

Entry Level Two

Foundation Stemwall

Water Public

Architectural Style Traditional

Structure Type Frame

New Construction No

Schools

High Schools Bend Sr High

Others

Senior Community No

Tax ID 204767

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Oregon Data Share
Listed by Coldwell Banker Mayfield Realty
advisor-avatar

+1(503) 580-5206

brad@morerealty.com

62968 O. B. Riley Rd Suite A4, Bend, OR, 97703

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