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Sold for $851,000
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  • $851,000

    2025 NE NEIL WAY, Bend, OR 97701

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,060 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,060/mo

    Zestimate® history
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    What's special

    Rare opportunity to acquire a fully occupied, 12-unit multifamily portfolio in a desirable NE Bend cul-de-sac. Spread acrosssix duplexes on three separate tax lots, this asset presents a stable income stream with multiple exit strategies and potential forfuture value growth. Signicant capital improvements have been made, including new siding, updated windows, and rebuiltdecks, reducing near-term expenses and boosting tenant retention. Each 1, 046 sq. ft. unit features 2 bedrooms, 1.5 baths, in-unitwasher/dryer hookups, a wood stove, and private rear deck. The functional two-level layout includes a kitchen, living area, andhalf bath on the main oor, with bedrooms, full bath, and laundry closet upstairs. Additional features include 7 detached garagesthat are rented individually and a semi-private greenbelt with mature trees. Interior nishes vary, allowing for upside throughstrategic unit upgrades. Located minutes from major employers, Pine Nursery Park, Costco, hospital, and dining hotspots, thisportfolio is well-positioned for consistent returns and long-term appreciation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Cordiner,

    eXp Realty, LLC

    Bought with:

    OR and WA Non Rmls

    Non Rmls Broker

    Source: eXp Realty,MLS#: 376880984

    Facts & features

    Interior

    Heating
    • Baseboard, Wood Stove
    Cooling
    • None
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 12,561

    Property

    Parking
    • Total spaces: 7
    • Parking features: Driveway, Off Street
    • Garage spaces: 7
    Features
    • Stories: 2
    Lot
    • Size: 0.9 Acres
    • Features: Cul_de_sac
    Details
    • Parcel number: 100390
    • Zoning: MR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Bend

    Financial & listing details

    • Tax assessed value: $919,500
    • Annual tax amount: $19,620
    • Date on market: 5/6/2026
    • Listing agreement: Exclusive Right To Sell
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/15/2026Sold$851,000+0.1%
    Source: Oregon Datashare #220218493 Report a problem
    5/7/2026Pending sale$850,000
    Source: Oregon Datashare #220218493 Report a problem
    5/2/2026Price change$850,000-12.8%
    Source: Oregon Datashare #220218493 Report a problem
    4/3/2026Listed for sale$974,900-69.1%
    Source: Oregon Datashare #220218493 Report a problem
    1/1/2026Listing removed$3,150,000
    Source: eXp Realty #428951739 Report a problem
    12/22/2025Price change$3,150,000+200%
    Source: eXp Realty #428951739 Report a problem
    9/20/2025Listed for sale$1,050,000-17.6%
    Source: Oregon Datashare #220209562 Report a problem
    6/2/2025Listing removed$1,275,000
    Source: Oregon Datashare #220198319 Report a problem
    3/28/2025Listed for sale$1,275,000+13.3%
    Source: Oregon Datashare #220198319 Report a problem
    6/1/2022Listing removed--
    Source: Oregon Datashare #220142134 Report a problem
    5/13/2022Pending sale$1,125,000
    Source: Oregon Datashare #220142134 Report a problem
    4/26/2022Price change$1,125,000-4.3%
    Source: Oregon Datashare #220142134 Report a problem
    3/29/2022Listed for sale$1,175,000+278.4%
    Source: Oregon Datashare #220142134 Report a problem
    4/19/2017Listing removed$1,150
    Source: Plus Property Management LLC Report a problem
    2/24/2017Listed for rent$1,150+5%
    Source: Plus Property Management LLC Report a problem
    11/5/2015Listing removed$1,095
    Source: Plus Property Management LLC Report a problem
    10/15/2015Listed for rent$1,095
    Source: Plus Property Management LLC Report a problem
    4/22/2005Sold$310,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,774 +3.9%$400,910 +3%
    2024$6,517 +7.9%$389,240 +6.1%
    2023$6,042 +4%$366,910
    2022$5,811 +2.9%$366,910 +6.1%
    2021$5,645 $345,860
    2020-- $345,860 +6.1%
    2019$5,207 $326,010
    2018$5,207 +2.9%$326,010 +3%
    2017$5,060 +8%$316,520 +3%
    2016$4,684 $307,310 +3%
    2015$4,684 +6%$298,360 +3%
    2014$4,420 $289,670 +41.4%
    2013-- $204,810 +4.8%
    2012-- $195,490 -11.8%
    2011-- $221,580 -17.6%
    2010-- $268,940 -4.4%
    2009-- $281,240 +3%
    2008-- $273,050 +15.9%
    2003-- $235,563
    Find assessor info on the county website

    Neighborhood: Mountain View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ensworth
    • Middle: Pilot Butte
    • High: Mountain View

    Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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