This professionally managed 12-unit multifamily portfolio is ideally located in a quiet NE Bend cul-de-sac, offering both stability and upside in one of the city’s most sought-after rental markets. Comprised of six duplexes across three separate tax lots, this investment delivers solid in-place income with long-term growth potential.
Extensive capital improvements have already been completed, including new siding, updated windows, and rebuilt decks, minimizing near-term maintenance and enhancing tenant satisfaction. Each spacious unit offers 2 bedrooms, 1.5 baths, in-unit laundry hookups, a cozy wood stove, and a private rear deck. The well-designed 1,046 sq. ft. floorplans feature living, dining, kitchen, and half bath on the main level, with both bedrooms, a full bath, and laundry closet upstairs.
Additional highlights include 7 detached garages, rented individually for added income, and a semi-private greenbelt with mature landscaping that provides a tranquil, community feel. With interior finishes varying across units, there’s opportunity to increase value through selective updates over time.
Situated just minutes from Pine Nursery Park, Costco, St. Charles Medical Center, shopping, restaurants, and key employment centers, this portfolio is ideally positioned for continued strong performance. Pre-inspection complete.
2025 NE Neil Way
Share this property on:
Message Sent