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  1. Commercial Properties
  2. OR
  3. Bend

Railroad Duplex

For Sale

414 SE Railroad St, Bend, OR 97702

Situated on the eastern edge of the Cascade Range along the Deschutes River, Bend joins forested mountain highlands and high desert plateaus, offering diverse scenery and outdoor activities. The largest city in Central Oregon, Bend, is the commercial, recreation and social center of the tri-county region and also serves as the county seat of Deschutes County. It covers 32 square miles and sits at an elevation of 3,625 feet. Bend is noted for its scenic setting and year-round recreational activities. Bend was rated the best performing small metro for from 2018-2022. Economically, Bend started as a logging town, but began a transition to a more varied sustainable economy in the 1980's when it became apparent that the lumber mills were no longer vital. Unlike resort communities such as Aspen or Jackson Hole, Bend's lifestyle and quality workforce draw many successful companies in the aviation, manufacturing, renewable energy, high-tech, healthcare and recreation equipment sectors. Many of Bend's companies are owner-operated in the small to midsize range, typically with 10 to 15 employees. Companies like Breedlove Guitars, G5 Search Marketing, Deschutes Brewery, Hydro Flask and Bend Research provide solid employment and bring in vital traded-sector dollars to Bend's economy. Source: EDCO (Economic Development of Central Oregon) edcoinfo.com/communitiesOffered 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.

Key features

  • Adjacent fourplex may also be available; contact Listing Agent
  • Annual NOI of $39,197 on $46,800 in rental income
  • Completed in 2026 with certificate of occupancy received in June.
  • Potential owner occupancy with main-unit tenant open to vacating
  • Turn-key investment property
  • Two units totaling 1,198 SF with rents of $2.94$3.76/SF

Building Details

  • For Sale $650,000
  • Property Type Multi-Family
  • Property Size 1,536 SF
  • Units 2
  • Lot Size 2,178 Acre
  • Additional Rent Price on request
  • Year Built 2026
  • Date Updated Nov 9, 2026
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Contacts

broker
Chuck Brazer

NAI Cascade

Location

  • City Bend, OR
  • Neighborhood Larkspur
  • Zip Code 97702
  • Market Eugene
  • Map
  • Street
  • Walk score 72/100 Very Walkable
  • Transit score 27/100 Some Transit
  • Bike score 82/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Red Carpet Shell

0.16 miles

Tesla Supercharger

0.75 miles

Arco

0.76 miles

Chevron

0.78 miles

Pacific Pride

0.81 miles

Shell

0.85 miles

Towne Pump

0.89 miles

enel X

1.14 miles

Fred Meyer

1.16 miles

76

1.36 miles

Pilot Butte State Park

1.27 miles

Boneyard Overflow Parking

1.31 miles

A2

2.57 miles

G1

2.63 miles

G3

2.68 miles

G4

2.71 miles

F2

2.78 miles

F4

2.79 miles

C4

2.79 miles

F3

2.80 miles

Red Carpet Car Wash

0.16 miles

Red Carpet Detail Center

0.18 miles

M&M Car Wash

0.80 miles

Sud-N-Shine

1.12 miles

Flying Frog Car Wash

1.19 miles

Empire Car Wash

2.88 miles

Don Gabino's Mexican Grill

0.17 miles

El Sancho Taco Shop East

0.32 miles

Domino's

0.35 miles

Arby's

0.37 miles

Kayo's

0.37 miles

Del Taco

0.38 miles

Jersey Mike's Subs

0.41 miles

Five Guys

0.42 miles

Chipotle

0.43 miles

Pinky G's Pizzeria

0.44 miles

Bi-Mart

0.36 miles

Grocery Outlet

0.39 miles

Safeway

0.50 miles

Market of Choice

0.68 miles

Colima Market

0.77 miles

Tomi Mart

0.84 miles

Fred Meyer

1.10 miles

Cash & Carry

1.11 miles

Albertsons

1.30 miles

Newport Avenue Market

1.62 miles

Bi-Mart

0.35 miles

Walgreens

0.44 miles

Rite Aid

0.45 miles

Safeway

0.48 miles

Family Choice Urgent Care

0.50 miles

Focus Physical Therapy Inc

0.76 miles

Bend Fire Station 306

0.85 miles

Bend Memorial Clinic

0.89 miles

Bend Police Department

0.91 miles

Mountain Medical Immediate Care

0.95 miles

Listing Summary

  • Property Financials

    414 SE Railroad St is currently listed for sale at $650,000 for a price per square foot of $423.18.

  • Property Details

    414 SE Railroad St totals 1,536 square feet of Multi-Family space on a lot spanning 2,178 acres. The property was initially built in 2026.

  • Area Characteristics

    414 SE Railroad St is located in the Larkspur neighborhood.

    In terms of ease of commuting, the area has a walk score of 72, indicating that it is very walkable.

Contact Chuck Brazer
broker
Chuck Brazer

NAI Cascade

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