1761 NE Wichita Way, Bend, OR 97701

About This Property

Four units. All leased. No vacancy history. That's the foundation. St. Charles Medical Center, Bend's largest employer, is a short walk away. That proximity isn't a coincidence. It's why this building stays full. All four two-bedroom units are currently leased at $1,530 per month, putting $6,120 in monthly gross income on the board. Two units up, two on the main level. Tenants and guests have a private asphalt parking lot, on-site coin-op laundry, and shared storage, all in a separate common area building. The deferred maintenance question? Already answered. New roof, new siding, fresh exterior paint all done. Lower near-term capital exposure and a cleaner runway for rent growth as leases turn. Zoning is RM. APOD and rent roll are on file. Interior viewing upon mutual PSA. Do not disturb tenants.

Property Details

Listing ID

220216973

Property Type

Residential Income

Property Sub Type

Quadruplex

Lot Size

0.31 acres

Year Built

1994

Subdivision

Winchester

Days on Market

210

City

Bend, OR 97701