Great investment potential for this existing duplex, sitting on 0.54 acres. Each unit has two bedrooms, one bath, and its own garage. Each unit also has its own fenced yard and back patio. Property size and layout allows for potential new development with the city of Bend's new density codes. Potential buyer/s to complete own due diligence regarding development possibilities. Multiple garden shed/s, along with a great wood-working shop.
Sold for $640,000
$640,000
21116 Reed Market Rd, Bend, OR 97702
4beds
0baths
1,706sqft
MultiFamily
Built in 1971
-- sqft lot
$641,900 Zestimate®
$375/sqft
$2,324 Estimated rent
Home value
$641,900
$597,000 - $693,000
$2,324/mo
Zestimate® history
Owner options
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$3,793/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,706 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.54 Acres
Details
- Parcel number: 181203DD03000
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1971
Community & HOA
Location
- Region: Bend
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $434,240
- Annual tax amount: $3,038
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Sold | $640,000+15.7%$375/sqft |
Source: Public Record Report a problem | ||
| 7/25/2022 | Sold | $553,000+5.4%$324/sqft |
Source:  Oregon Datashare #220146712 Report a problem | ||
| 6/5/2022 | Pending sale | $524,900$308/sqft |
Source: Oregon Datashare #220146712 Report a problem | ||
| 5/31/2022 | Listed for sale | $524,900$308/sqft |
Source: Oregon Datashare #220146712 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,038 +3.9% | $179,790 +3% |
| 2024 | $2,923 +7.9% | $174,560 +6.1% |
| 2023 | $2,709 +4% | $164,550 |
| 2022 | $2,606 +2.9% | $164,550 +6.1% |
| 2021 | $2,532 | $155,110 |
| 2020 | -- | $155,110 +6.1% |
| 2019 | $2,335 | $146,220 |
| 2018 | $2,335 +2.9% | $146,220 +3% |
| 2017 | $2,269 +8% | $141,970 +3% |
| 2016 | $2,101 | $137,840 +3% |
| 2015 | $2,101 +7.5% | $133,830 +3% |
| 2014 | $1,955 | $129,941 +17.9% |
| 2013 | -- | $110,200 +7.2% |
| 2012 | -- | $102,790 -1.6% |
| 2011 | -- | $104,430 -5.8% |
| 2010 | -- | $110,860 -13.7% |
| 2009 | -- | $128,390 +3% |
| 2008 | -- | $124,660 +15.9% |
| 2003 | -- | $107,544 -8.6% |
| 2001 | -- | $117,695 +5% |
| 2000 | -- | $112,070 |
Find assessor info on the county website
Neighborhood: Larkspur
Nearby homes
- $355,8002 bd1 ba1k sqft21116 SE Reed Market Rd #2, Bend, OR 97702Off Market
- $640,0004 bd2 ba1.7k sqft21116 SE Reed Market Rd, Bend, OR 97702Sold
- $599,0004 bd2 ba1.7k sqft21130 SE Reed Market Rd, Bend, OR 97702For Sale
- $542,6004 bd2 ba1.7k sqft21130 Reed Market Rd, Bend, OR 97702Off Market
- $545,9004 bd2 ba1.7k sqft21106 Reed Market Rd, Bend, OR 97702Off Market
- $655,6003 bd2 ba1.3k sqft61620 Pettigrew Rd, Bend, OR 97702Off Market
- $355,8002 bd1 ba1k sqft21124 SE Reed Market Rd, Bend, OR 97702Off Market
- $564,7003 bd2 ba1.5k sqft21133 Reed Market Rd, Bend, OR 97702Off Market
Nearby schools
GreatSchools rating
- 5/10Bear Creek Elementary SchoolGrades: K-5Distance: 1.3 mi
- 7/10Pilot Butte Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Bend Senior High SchoolGrades: 9-12Distance: 1.7 mi
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$641,900
2% more
+$12,838
With Zillow Showcase(estimated)
$654,738
- Oregon
- Deschutes County
- Bend
- 97702
- Larkspur
- 21116 Reed Market Rd
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