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1647 NE Lotus Drive, Bend, OR 97701
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$685,000
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Home Details for 1647 NE Lotus Drive
Price
$685,000
Type
Multi Family
Bedrooms
4
Full Bathrooms
2
Year Build
1945
Lot Size
0.15
County
Deschutes
Garage
1
Basement
Finished
Tax
$2,886.41
MLS®️ Listing#
220194748
On exitrealty.com
269 days
Property Description
Income-Producing Single family home/Duplex: Originally a single-family home, this property now features a fully finished basement apartment, creating a duplex setup in a Residential Medium Density (RM) zone.
Perfect For multi-generational living, Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other.
Property fully rented was generating $43,200 in annual gross income with room to increase rents. Bottom unit now vacant. Seller financing is being considered
- House Interior
- Breakfast Bar
- Built-in Features
- Laminate Counters
- Parking
- Alley Access
- Attached
- Gravel
- Heating Information
- Electric
- Wall Furnace
- Fire Place
- Gas
- Great Room
- Cooling Information
- None
- Water Features
- Public
- Basement
- Finished
School Information
School Information for 1647 NE Lotus Drive
Elementary School
Juniper Elem
Middle School
Pilot Butte Middle
High School
Bend Sr High
Listing Courtesy: Coldwell Banker Mayfield Realty - 541-548-1250
Copyright ©2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than EXIT Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.Last Updated: 2025-06-08 17:45:56
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$685,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702