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414 SE Railroad StreetBend, OR 97702
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Offered at $650,000, 414 SE Railroad Street is a two-unit property in Southeast Bend near the Old Mill District and SE 3rd Street retail and services. The property includes a 732 SF two-bedroom/two-bath residence and a 466 SF one-bedroom/one-bath residence, totaling 1,198 SF of living area. Amenities include an attached garage, covered upper balcony, dedicated laundry areas in each unit, granite countertops and ductless mini-split heat pumps. The adjacent fourplex at 404 SE Railroad Street may also be available for purchase. Contact Listing Agent for more information. Monthly rents are $2,150 for the two-bedroom residence ($2.94/SF) and $1,750 for the one-bedroom residence ($3.76/SF), totaling $3,900 per month or $46,800 annually. Annual operating expenses are $7,603, resulting in net operating income of $39,197 and a 6.03% capitalization rate at the asking price.
| 18 hours ago | Listing updated with changes from the MLS | |
| 18 hours ago | Status changed to Active | |
| yesterday | Listing first seen on site |
© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than NAI Cascade are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Data Services by Constellation Data Labs.
This content last updated on 2026-11-06 10:01 AM PST. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.
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