Listed by: Wendolyn Cooper · Keller Williams Realty Central Oregon

$650,000
  • — beds
  • 0 baths
  • — sqft

734 NE Greenwood Avenue, Bend, OR 97701

Est. $3,813/moPayment calculator
  • Single familyHome type
  • Built in 1956Year built
  • 7,841 sqftLot
  • NoneHOA

About this home

  • Listed Apr 7, 2026
  • 178 days on market
  • 18 photos

Prime investment opportunity on a high-visibility main street location! This well-established laundromat property has served the community for decades, offering strong recognition and consistent traffic. Situated within the Opportunity Zone, this property presents exceptional potential for redevelopment, expansion, or long-term hold with potential tax advantages. The building and equipment have been recently upgraded, providing a turnkey foundation for continued operation or repositioning. Ample frontage and accessibility enhance its appeal for both customers and future development concepts. This offering is part of a portfolio sale, with additional properties available, creating a unique opportunity for investors seeking scale and diversification. The laundromat business is available for purchase separately at $300,000, allowing for multiple investment strategies. Rare chance to own a legacy location with modern improvements and future growth potential.

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Laminate Counters

Heating & cooling

  • Ductless
  • Ductless

Flooring

  • Concrete

Property

Lot size
7,841 sqft

Parking

  • Asphalt
  • Parking Lot

Construction

Home type
Single family
Property type
Commercial Sale
Year built
1956

Materials

  • Concrete
  • Membrane roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

HOA dues
None
County
Deschutes

Financial & listing details

List price
$650,000
Annual property tax
$4,687
Date on market
Apr 7, 2026
Days on market
178
MLS#
220218564

Price & status history

DateEventPrice
Apr 7, 2026Listed for sale$650,000

Neighborhood

  • CityBend, OR 97701
  • CountyDeschutes

Payment calculator

Estimated monthly payment

$3,813/mo

  • Principal & interest$3,287
  • Property taxes$391
  • Homeowners insurance$135
  • HOA dues$0

Loan amount $520,000 · 30-year fixed at 6.5%

Down payment
Loan term

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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MLSCO

Listing provided by Keller Williams Realty Central Oregon · Listing agent: Wendolyn Cooper

Source
MLS of Central Oregon
MLS#
220218564
Last updated
Apr 7, 2026 at 12:15 AM

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.