1647 NE Lotus Drive, Bend, OR 97701

$699,000

bedrooms

bathrooms

square feet

Acreage

0.15

Open Houses

year built

1945

Full Baths

Half Baths

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This duplex offers a unique opportunity to own an income-generating property in a Residential Medium Density (RM) zone, providing incredible potential for future development or expansion. One unit is the original home and the other is a basement apartment. Already generating $43,200/year in gross income with potential to increase. Perfect For Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with zoning flexibility and future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other.Don't miss this opportunity to capitalize on the flexibility and income potential. Contact me today for more info!

Location
Subdivision	CLAB
County	Deschutes
Elementary School	Juniper Elem
Middle School	Pilot Butte Middle
High School	Bend Sr High

Driving directions

Open houses

None scheduled.

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MLS number: 220194748

Listing agent: Amanda Johnson #201212867

Listing broker: Coldwell Banker Mayfield Realty (541) 548-1250

Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:33 p.m. EDT

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