Turn key Duplex! Secure a stabilized, low-maintenance asset with immediate, strong cash flow in one of Bend's most resilient rental markets. This updated duplex (2bd/1 ba and 1bd/1 ba) offers the perfect blend of immediate yield and long-term equity growth, with several major improvements including the roof, most windows, flooring, paint and appliances all within the last 6 years. Excellent addition to a portfolio, an ideal candidate for a 1031 exchange, or a premier house-hacking opportunity to live in one unit while the other covers your mortgage. Don't miss a turnkey opportunity where the heavy lifting is done and the returns start on Day 1. Minutes to the Old Mill, Wilson Ave corridor, Vince Genna stadium, restaurants, grocery, and more.
Active
$585,000
475 SE Douglas St, Bend, OR 97702
3beds
1,426sqft
Duplex, Multi Family
Built in 1948
-- sqft lot
$567,300 Zestimate®
$410/sqft
$-- HOA
What's special
- 97 days
- 403
- 40
Zillow last checked:
Listing updated:
Listed by:
Premiere Property Group, LLC 541-241-6860
Source: Oregon Datashare,MLS#: 220224612
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- None
Appliances
- Included: Dishwasher, Range, Range Hood, Refrigerator, Water Heater
Features
- Primary Downstairs, Shower/Tub Combo
- Flooring: Laminate, Tile, Vinyl
- Windows: Double Pane Windows
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,426
- Total interior livable area: 1,426 sqft
Property
Parking
- Parking features: Driveway, No Garage, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed, Deck
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,098 Square Feet
- Features: Level
Details
- Parcel number: 162886
- Zoning description: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Bend Park
HOA
- Has HOA: No
Location
- Region: Bend
Financial & listing details
- Price per square foot: $410/sqft
- Tax assessed value: $371,770
- Annual tax amount: $2,318
- Date on market: 7/3/2026
- Cumulative days on market: 97 days
- Listing terms: Cash,Conventional,FHA
- Inclusions: Kitchen appliances
- Exclusions: Tenants personal property
- Road surface type: Paved
Estimated market value
$567,300
$539,000 - $596,000
$1,943/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $585,000-6.4%$410/sqft |
Source:  Oregon Datashare #220224612 Report a problem | ||
| 3/6/2026 | Listing removed | $1,795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2026 | Listed for rent | $1,795+5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/7/2026 | Listing removed | $1,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2025 | Listed for rent | $1,695-10.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2025 | Listing removed | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2025 | Listed for rent | $1,895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2025 | Price change | $624,900-2.4%$438/sqft |
Source: Oregon Datashare #220194473 Report a problem | ||
| 5/8/2025 | Price change | $640,000-1.5%$449/sqft |
Source: Oregon Datashare #220194473 Report a problem | ||
| 4/25/2025 | Listed for sale | $650,000$456/sqft |
Source: Oregon Datashare #220194473 Report a problem | ||
| 2/9/2025 | Contingent | $650,000$456/sqft |
Source: Oregon Datashare #220194473 Report a problem | ||
| 1/16/2025 | Listed for sale | $650,000+20.6%$456/sqft |
Source: Oregon Datashare #220194473 Report a problem | ||
| 9/21/2021 | Price change | $538,900-1.8%$378/sqft |
Source: Oregon Datashare #220129364 Report a problem | ||
| 8/13/2021 | Listed for sale | $548,900+111.1%$385/sqft |
Source: Oregon Datashare #220129364 Report a problem | ||
| 1/29/2019 | Sold | $260,000-1.9%$182/sqft |
Source: Oregon Datashare #201900411 Report a problem | ||
| 1/24/2019 | Pending sale | $265,000$186/sqft |
Source: Realty Yield #201900411 Report a problem | ||
| 1/20/2019 | Listed for sale | $265,000$186/sqft |
Source: Realty Yield #201900411 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,318 +3.9% | $137,210 +3% |
| 2024 | $2,231 +7.9% | $133,220 +6.1% |
| 2023 | $2,068 +4% | $125,575 |
| 2022 | $1,989 -16% | $125,575 -13.5% |
| 2021 | $2,369 | $145,130 |
| 2020 | -- | $145,130 +6.1% |
| 2019 | $2,185 | $136,810 |
| 2018 | $2,185 +2.9% | $136,810 +3% |
| 2017 | $2,123 +8% | $132,830 +3% |
| 2016 | $1,966 | $128,970 +3% |
| 2015 | $1,966 +6% | $125,220 +3% |
| 2014 | $1,855 | $121,580 +8.7% |
| 2013 | -- | $111,840 |
| 2012 | -- | $111,840 -5.3% |
| 2011 | -- | $118,040 +3% |
| 2010 | -- | $114,610 +3% |
| 2009 | -- | $111,280 +3% |
| 2008 | -- | $108,040 +15.9% |
| 2003 | -- | $93,215 -24.6% |
| 2002 | -- | $123,705 +10.4% |
| 2001 | -- | $112,010 +10% |
| 2000 | -- | $101,845 |
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: Larkspur
Nearby schools
Schools provided by the listing agent
- Elementary: Juniper Elem
- Middle: Pilot Butte Middle
- High: Bend Sr 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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