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516 SE Centennial Street, Bend, OR 97702

Bend
Local realty services provided by:CENTURY 21 J.C. Jones American Dream
516 SE Centennial Street,Bend, OR 97702
$750,000
  • - Beds
  • - Baths
  • 2,496 sq. ft.
  • Multi-family
  • Active
Listed by: mark ryan garcia
Office: cascade hasson sir
MLS#:220230022
Source:OR_SOMLS

Price summary

  • Price:$750,000
  • Price per sq. ft.:$300.48

About this home

Investment opportunity in SE Bend! This fully occupied triplex includes one 3-bedroom/1-bath unit and two 2-bedroom/1-bath units, providing immediate income with future upside. Two units have been remodeled, while major property improvements include a new roof (2016), new carport roofs (2026) ,replacement windows throughout and fresh exterior paint-helping reduce near-term capital expenses. All three residences are single level and leased month-to-month. Forward scheduled rents total $4,405 per month as of November 1, 2026, with additional rent potential in the 3-bedroom unit. Tenants pay electricity; owner pays water and sewer. Situated on a .22-acre RM-zoned lot with no HOA or CC&Rs and located within Bend's East Bend Opportunity Zone. Convenient access to shopping, dining and everyday amenities. A well-maintained multifamily property with an established rental history and meaningful improvements already completed. Buyer to verify all information and Opportunity Zone eligibility.

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Home facts

  • Year built:1976
  • Subdivision & Development:Bend Park
  • Listing ID #:220230022
  • Added:1 day(s) ago
  • Updated:October 15, 2026 at 03:52 PM

Rooms and interior

  • Flooring:Carpet, Simulated Wood, Vinyl
  • Bathrooms Description:Shower/Tub Combo
  • Kitchen Description:Dishwasher, Range, Range Hood, Refrigerator
  • Bedroom Description:Primary Downstairs
  • Living area:2,496 sq. ft.

Heating and cooling

  • Heating:Electric, Zoned

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:2,496 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Level
  • Architectural Style:Ranch
  • Construction Materials:Frame
  • Foundation Description:Slab
  • Levels:1 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:$750,000
  • Price per sq. ft.:$300.48
  • Tax amount:$3,832 (2025)

Features and amenities

  • Appliances:Dishwasher, Range, Range Hood, Refrigerator, Water Heater

Parking

  • Parking description:Asphalt, Concrete, Detached Carport, On Street

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