Listed by: Ryan Amerongen · RE/MAX Key Properties
- — beds
- 0 baths
- — sqft
1215 NW Portland Avenue, Bend, OR 97703
- Single familyHome type
- Built in 1973Year built
- 0.66 acresLot
- NoneHOA
About this home
CALL FOR OFFERS BY OCTOBER 15, 2026. 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.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- Two
Heating & cooling
- Fireplace(s)
- Ductless
- Natural Gas
- Ductless
Flooring
- Vinyl
Property
- Lot size
- 0.66 acres
Parking
- Asphalt
- Parking Lot
Construction
- Home type
- Single family
- Property type
- Commercial Sale
- Year built
- 1973
Materials
- Frame
- Composition roof
- Metal roof
Utilities
Sewer & water
- Public Sewer
- Public water
Community & HOA
- HOA dues
- None
- County
- Deschutes
Financial & listing details
- List price
- $6,700,000
- Original list price
- $7,500,000
- Annual property tax
- $24,928
- Date on market
- Jul 22, 2026
- Days on market
- 72
- MLS#
- 220225763
Price & status history
| Date | Event | Price |
|---|---|---|
| Oct 1, 2026 | Price changePrice cut $800,000 (10.7%) | $6,700,000 |
| Jul 22, 2026 | Listed for sale | $7,500,000 |
Neighborhood
- CityBend, OR 97703
- CountyDeschutes
Payment calculator
Estimated monthly payment
$37,352/mo
- Principal & interest$33,879
- Property taxes$2,077
- Homeowners insurance$1,396
- HOA dues$0
Loan amount $5,360,000 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by RE/MAX Key Properties · Listing agent: Ryan Amerongen
- Source
- MLS of Central Oregon
- MLS#
- 220225763
- Last updated
- Oct 1, 2026 at 1:04 PM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.