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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

Last Updated: 2025-06-08 17:45:56
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Market statistics compiled from data from Oregon Datashare.
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$685,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702