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$799,000

2 Beds 2 / 1 Full / Half Baths 1,195 SQFT 0.05 Acres
Type: Single Family

940 NE Norton Avenue # Lot 4
Bend, OR 97701

MLS#: 220214456
Premiere Property Group
Office: 541.241.6860
Presented by: Varsity Real Estate

Property Description

 

Dual living, endless possibilities. This award-winning floorplan delivers 1,200 combined square feet across two private residences: a 1-bed primary home plus a lofted 1-bed ADU with separate entrance. Comparable units in this development rent between $2,150-2,500 each. Rent both and gross $4,300-$5,000/month, with projected cap rates of 5-6%. An attractive entry point for first-time investors adding doors to their portfolio, and strong fundamentals for experienced landlords seeking low-maintenance cash flow. Live in one, rent the other, or enjoy both for multi-generational living or guest flexibility. The main residence features 14' vaulted ceilings, upgraded kitchen with induction range and soft-close cabinetry, expansive south-facing windows, and an operable glass door opening to a private patio. The elevated ADU offers treetop views with full kitchen, bathroom and walk-in closet. Perfectly positioned in Midtown near Pilot Butte, parks, and local favorites like Midtown Yacht Club


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths1
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNo Common Walls
FlooringCarpet, Hardwood
Heating Y/NYes
Heating-DuctlessTrue
Heating-Heat PumpTrue
Interior AmenitiesBreakfast Bar, Ceiling Fan(s), Fiberglass Stall Shower, In-Law Floorplan, Open Floorplan, Shower/Tub Combo, Vaulted Ceiling(s), Wired for Data
Window FeaturesLow-Emissivity Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl Frames

General

Accessory Dwelling Unit PermittedYes
Accessory Dwelling Unit SqFt520 sqft
Accessory Dwelling Unit TypeAttached
Accessory Dwelling Unit Y/NYes
Additional Parcels Y/NNo
AppliancesCooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Water Heater
Architectural StyleContemporary, Northwest
Assoc Fee Paid PerMonthly
Association AmenitiesLandscaping, Snow Removal
Attached Garage Yes
Builder NameSimplicity Homes Managed by Hiatus
CCR Y/NYes
Carport Y/NNo
CityBend
Construction MaterialsFrame
CoolingDuctless, ENERGY STAR Qualified Equipment, Heat Pump, Whole House Fan
CountyDeschutes
DirectionsGPS Friendly - Model Home (1401 NE 10th) is located on the corner of NE 10th and NE Norton.
Elementary SchoolJuniper Elem
Full Baths2
Garage Spaces1.0
Garage Y/NYes
HOAYes
HOA Fee$70.0
HeatingDuctless, ENERGY STAR Qualified Equipment, Heat Pump
High SchoolBend Sr High
Home Warranty Y/NNo
Irrigation Water Rights Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Living Area1,195 sqft
Lot Size Square Feet2178.0
Lot Size UnitsAcres
Middle/Junior High SchoolPilot Butte Middle
MobileHomeRemainsYNNo
New ConstructionYes
Parcel Number290,899
Patio/Porch FeaturesAwning(s), Patio
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
RoofMetal
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Sewer_co_Public_sp_SewerTrue
Short Term Rental Permit Y/NNo
Short Term Rentals PermittedN
Standard StatusActive
StatusActive
Subdivision NameN/A
Tax Annual Amount$211
Tax Lot4
Tax Year2025
UnitLot 4
Unit Number0
Utilities@Core.PermissionsNone
Virtual TourClick here
Water Body Access Y/NNone
Year Built2025
Zoning DescriptionRS

Exterior

Building Area Total675 sqft
Foundation DetailsStemwall
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesDrip System, Fenced, Landscaped, Native Plants, Sprinklers In Front, Xeriscape Landscape
Lot Size Acres0.05
Lot Size Area0 sqft
Parking FeaturesAlley Access, Asphalt, Attached, Electric Vehicle Charging Station(s), Garage Door Opener, Storage
Road Surface TypePaved
SpaNo
Water SourceBackflow Domestic, Public

Additional Details

Price History

Schools 

High School Bend Sr High
Middle School Pilot Butte Middle
Elementary School Juniper Elem

  

Similar Properties

$799,000

2 Beds 2 / 1 Full / Half Baths 1,195 SQFT 0.05 Acres
Type: Single Family

940 NE Norton Avenue # Lot 4
Bend, OR 97701

MLS#: 220214456
Premiere Property Group
Office: 541.241.6860