Listed by: Nick Arthur Holmboe · Keller Williams Realty Central Oregon

$1,395,000
  • — beds
  • 0 baths
  • — sqft

942 NW Delaware Avenue, Bend, OR 97703

Est. $7,687/moPayment calculator
  • Multi FamilyHome type
  • Built in 1922Year built
  • 0.26 acresLot
  • NoneHOA

About this home

  • Listed Aug 31, 2026
  • 32 days on market
  • 47 photos

Rare westside Bend opportunity with four units on a quarter-acre RM-zoned parcel, just one block from Jacksons Corner and about half a mile from Drake Park and downtown. The property includes two vintage 1920s homes plus a duplex, offering four doors of income while you plan what comes next. With alley access, RM zoning, Oregon's middle housing rules, and potential fee-simple ownership options through a middle housing land division, the possibilities here are hard to ignore. Hold as an investment, renovate and reposition, or explore adding density and creating something truly special in one of Bend's most desirable neighborhoods. With no off-street parking requirement and rear alley access, the site offers even more flexibility for future plans. Properties with this combination of location, income, lot size, and development potential rarely come available on the west side. Buyer to verify all development potential, zoning, and land division options with the City of Bend.

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Ceiling Fan(s)
  • Laminate Counters
  • Shower/Tub Combo
  • Soaking Tub

Appliances

  • Range
  • Refrigerator
  • Water Heater

Heating & cooling

  • Natural Gas
  • Wall Furnace
  • None

Flooring

  • Hardwood
  • Laminate
  • Vinyl

Property

Lot size
0.26 acres
Subdivision
Park Addition

View

  • Neighborhood

Parking

  • Alley Access
  • Gravel
  • No Garage

Construction

Home type
Multi Family
Property type
Residential Income
Year built
1922

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
Park Addition
HOA dues
None
County
Deschutes

Financial & listing details

List price
$1,395,000
Annual property tax
$4,100
Date on market
Aug 31, 2026
Days on market
32
MLS#
220227899

Price & status history

DateEventPrice
Aug 31, 2026Listed for sale$1,395,000

Neighborhood

  • SubdivisionPark Addition
  • CityBend, OR 97703
  • CountyDeschutes

Payment calculator

Estimated monthly payment

$7,687/mo

  • Principal & interest$7,054
  • Property taxes$342
  • Homeowners insurance$291
  • HOA dues$0

Loan amount $1,116,000 · 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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Listing provided by Keller Williams Realty Central Oregon · Listing agent: Nick Arthur Holmboe

Source
MLS of Central Oregon
MLS#
220227899
Last updated
Sep 17, 2026 at 3:38 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.