Address
1215 Nw Portland Avenue, Bend, OR
Price
$ 7,500,000
Property Attributes
  • MLS#220225763
  • TypeCommercial
  • Listing Status Active
  • CountyDeschutes
  • CityBend
  • Zip97703
  • Style
  • Year Built1973
  • Taxes$ 24928
  • Price$ 7,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14650
  • Lot Size0.66 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description

The Rapids on Portland presents a rare investment opportunity in Northwest Bend, one of Central Oregon's most desirable sub-markets. Substantially renovated in 2021, the property offers modern finishes, premium amenities, 100% occupancy, and strong in-place rents, providing stable cash flow with limited near-term capital needs. Individually platted condominium units also offer future flexibility through potential unit-by-unit sales.

Price History
7/22/2026 Listed $7,500,000

General Features

Sewer Public Sewer
Heating Fireplace(s),Ductless,Natural Gas
Cooling Ductless
Roof Composition,Metal
Construction Materials Frame
Year Built 1973
Levels Two
Tax Year 2026
Additional Parcels Description 1205 NW Portland Avenue
County Deschutes
New Construction false
Property Type Commercial Sale
Attached Garage false
Status Active
City Bend
Zoning Description RM
Number Of Units Total 16
Lot Size Units Acres
Lot Size Square Feet 28749.6
Tax Annual Amount 24928
Additional Parcels Y/N true
Standard Status Active
AttributionContact (541)213-8967
Sewer_co_Public_sp_Sewer true
Utilities_co_Electricity_sp_Available true
Utilities_co_Natural_sp_Gas_sp_Available true

Interior Features

Flooring Vinyl
Common Walls 1 Common Wall,2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Heating-Natural Gas true
Heating-Ductless true

Exterior Features

Parking Features Asphalt,Parking Lot
Water Source Public
Lot Size Area 0.66
Foundation Details Stemwall
Building Area Total 14650
Lot Size Acres 0.66

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 97703

Price
AVG $6.7M
$7.5M
Taxes
AVG $8,900
$24,928
Year Built
AVG 1979
1973