516 SE Centennial St

Bend OR 97702

2496 sq. ft.

9583.2 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.