530 NW GEORGIA AVE new

Bend,OR 97703

$ 895000

3 Beds

0.2 Bath

1340 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,340 sqft

Price per Sqft $667

Subdivision Old Bend

MLS Listing ID 376691562

Style Cottage, Craftsman

Bedrooms 3

Year Built 1930

Annual Tax Amount $4,944

Tax Year 2024

Lot Size 3,920 Sqft

Property Sub-Type Single Family Residence

Property Description

Investor alert ! Prime Investment Opportunity in Old Bend – Dual-Dwelling Property on NW Georgia Ave, Located in the highly desirable Old Bend neighborhood, 530 and 530 1/2 NW Georgia Ave. presents a rare opportunity to own a dual-dwelling property just blocks from downtown, Drake Park, and the Deschutes River. This property features a 3-bedroom, 1-bath main home, approx. 880 sq ft, plus a detached 1-bedroom, 1-bath ADU, approx 460 sq ft—ideal for generating rental income, future redevelopment or multi-generational housing. The main house offers classic Bend charm but is in need of updates, making it a great value-add project for the right buyer. With some renovation, it could significantly increase rental income or resale value. The ADU is a functional space with solid rental history. Located in Bend's most walkable/bike-able neighborhoods, this property is just a few blocks from Downtown, Old Mill, Drake Park, and surrounded by local eateries, breweries, and shops. Opportunities like this in Old Bend are limited—don't miss your chance to invest in one of the city's hottest and most historically rich areas.

Location

State OR

County Deschutes

Area _320

Zoning Rh

Rooms

Basement Daylight, Partially Finished

Interior

Interior Features Hardwood Floors, Separate Living Quarters Apartment Aux Living Unit, Skylight

Heating Heat Pump

Appliance Builtin Oven, Builtin Range, Dishwasher, Microwave

Exterior

Exterior Feature Porch

Parking Features Carport

Roof Type Composition

Garage Yes

Building

Story 2

Foundation Other, Pillar Post Pier

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Amity Creek

Middle Schools Cascade

High Schools Summit

Others

Senior Community No

Acceptable Financing Cash,Conventional,FHA,FMHALoan,Rehab,VALoan

Listing Terms Cash,Conventional,FHA,FMHALoan,Rehab,VALoan

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