3 BD · 3 BA · 2,000 SF · 0.08 AC
1650 NW 5th Street
Bend, OR 97703
$999,000
Bend, OR 97703 · Deschutes
MLS# 220227228 · Active
Rare High Density Investment & Development Opportunity One Block from Wall Street. Located in Bend's RH, High Density Residential zone, just one block from Wall Street, two blocks from Bond Street and moments from Downtown Bend. Two detached homes sit on one tax lot, offering rental income potential while exploring future redevelopment. The primary home is approximately 1,300 SF with 3 bedrooms and 1 bath, while the second is approximately 595 SF. Both have been long term rentals, with one currently vacant. Photos include both residences. An exceptional combination of high density zoning, existing rental potential and prime Central Bend location. Hold and rent, improve the existing homes, or explore redevelopment opportunities. Property sold as is. Buyer to perform due diligence regarding zoning, development potential, permitted uses, condition, square footage and configuration.
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| Date | Event | Price |
|---|---|---|
| Sep 18, 2026 | Price cut−$50,000 (4.8%) | $999,000 |
| Oct 6, 2026 | Listed for sale | $1,049,000 |
From the MLS: original list price and latest price change. 0 days on market.
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
44.0542° N · 121.3182° W
DirectionsAssignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
$5,797/mo
$799,200 loan · 30 yr fixed · 6.5%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
3 BD · 3 BA · 2,000 SF · 0.08 AC
1650 NW 5th Street
Bend, OR 97703
14.6 AC · Residential Lots
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Bend, OR 97703
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Bend, OR 97703
6 BD · 4 BA · 3,928 SF · 3.6 AC
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Bend, OR 97702
Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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