Welcome to the Franklin Foundry! Just blocks from Downtown Bend, this character-rich, two-unit property is a true blank canvas, zoned Commercial General and ready to be shaped into its next chapter. Formerly a guitar builder's workshop, the building is full of warmth and originality, featuring custom wood windows and fir and bamboo flooring throughout. Recent updates include exterior paint in 2020 and a freshly painted interior, creating a clean starting point for a wide range of uses. With a flexible layout, unfinished basement storage, and a coveted downtown location near dining, shopping, and events, the Franklin Foundry offers a rare opportunity to reimagine a space with vision — whether creative, commercial, a successful short term rental or mixed-use — in the heart of Bend. Historically a foundry is a place where raw materials are transformed into something new, and that spirit of possibility and endless potential lives here.
Active
Price cut: $50K (7/24)
$625,000
15 NW Franklin Ave, Bend, OR 97703
1beds
3baths
1,506sqft
Single Family Residence
Built in 1942
6,969 Square Feet Lot
$590,100 Zestimate®
$415/sqft
$-- HOA
What's special
Flexible layoutFreshly painted interiorUnfinished basement storageCustom wood windows
- 211 days |
- 725 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Windermere Realty Trust 541-388-0404
Source: Oregon Datashare,MLS#: 220214135
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Instant Hot Water, Water Heater
Features
- Flooring: Bamboo, Hardwood, Laminate
- Windows: Wood Frames
- Basement: Partial,Unfinished
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 895
- Total interior livable area: 1,506 sqft
Video & virtual tour
Property
Parking
- Parking features: Alley Access, Driveway, No Garage
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
- Features: Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Details
- Parcel number: 104479
- Zoning description: CG
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Short Term Rentals Allowed
- Subdivision: Park Addition
HOA
- Has HOA: No
Location
- Region: Bend
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $704,240
- Annual tax amount: $3,433
- Date on market: 8/6/2026
- Cumulative days on market: 211 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$590,100
$561,000 - $620,000
$2,854/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $625,000-7.4%$415/sqft |
Source:  Oregon Datashare #220214135 Report a problem | ||
| 3/19/2026 | Price change | $675,000-3.4%$448/sqft |
Source: Oregon Datashare #220214135 Report a problem | ||
| 1/22/2026 | Listed for sale | $699,000+90.7%$464/sqft |
Source: Oregon Datashare #220214135 Report a problem | ||
| 6/26/2015 | Sold | $366,500-13.8%$243/sqft |
Source: Public Record Report a problem | ||
| 2/1/2007 | Sold | $425,000$282/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,433 +3.9% | $203,200 +3% |
| 2024 | $3,303 +7.9% | $197,290 +6.1% |
| 2023 | $3,062 +4% | $185,980 |
| 2022 | $2,946 +2.9% | $185,980 +6.1% |
| 2021 | $2,862 | $175,320 |
| 2020 | -- | $175,320 +6.1% |
| 2019 | $2,639 | $165,270 |
| 2018 | $2,639 +2.9% | $165,270 +3% |
| 2017 | $2,565 +8% | $160,460 +3% |
| 2016 | $2,374 | $155,790 +3% |
| 2015 | $2,374 +6% | $151,260 +3% |
| 2014 | $2,241 | $146,860 +3% |
| 2013 | -- | $142,590 +3% |
| 2012 | -- | $138,440 +3% |
| 2011 | -- | $134,410 +3% |
| 2010 | -- | $130,500 +3% |
| 2009 | -- | $126,700 +3% |
| 2008 | -- | $123,010 +3% |
| 2007 | -- | $119,430 +3% |
| 2006 | -- | $115,960 +3% |
| 2005 | -- | $112,590 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old bend
Nearby schools
GreatSchools rating
- 10/10Amity Creek Elementary SchoolGrades: K-5Distance: 0.5 mi
- 10/10Cascade Middle SchoolGrades: 6-8Distance: 2.1 mi
- 10/10Summit High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Amity Creek Elem
- Middle: Cascade Middle
- High: Summit High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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