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414 SE Railroad Street, Bend, OR 97702

Bend
Local realty services provided by:CENTURY 21 North Homes Realty
414 SE Railroad Street,Bend, OR 97702
$650,000
  • - Beds
  • - Baths
  • 1,536 sq. ft.
  • Multi-family
  • Active
Listed by: charles t brazer
Office: nai cascade
MLS#:220230824
Source:OR_SOMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$423.18

About this home

Offered at $650,000, 414 SE Railroad Street is a two-unit property in Southeast Bend near the Old Mill District and SE 3rd Street retail and services. The property includes a 732 SF two-bedroom/two-bath residence and a 466 SF one-bedroom/one-bath residence, totaling 1,198 SF of living area. Amenities include an attached garage, covered upper balcony, dedicated laundry areas in each unit, granite countertops and ductless mini-split heat pumps. The adjacent fourplex at 404 SE Railroad Street may also be available for purchase. Contact Listing Agent for more information. Monthly rents are $2,150 for the two-bedroom residence ($2.94/SF) and $1,750 for the one-bedroom residence ($3.76/SF), totaling $3,900 per month or $46,800 annually. Annual operating expenses are $7,603, resulting in net operating income of $39,197 and a 6.03% capitalization rate at the asking price.

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Home facts

  • Year built:2026
  • Subdivision & Development:N/A
  • Listing ID #:220230824
  • Added:1 day(s) ago
  • Updated:November 06, 2026 at 04:20 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:1,536 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless

Structure and exterior

  • Roof:Composition
  • Year built:2026
  • Building area:1,536 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Frame
  • Foundation Description:Pillar/Post/Pier
  • Levels:2 Story

Schools

  • High school:Bend Sr High
  • Middle school:Pilot Butte Middle
  • Elementary school:Juniper Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$423.18
  • Tax amount:$319 (2025)

Parking

  • Parking description:Concrete

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