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1215 NW Portland Avenue

Bend, OR 97703
  • $7,500,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 220225763
UPDATED: 130 min ago
$7,500,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1973
County:
Area:

School Ratings & Info

Listing provided courtesy of RE/MAX Key Properties :(541)213-8967.

Description

The Rapids on Portland presents a rare investment opportunity in Northwest Bend, one of Central Oregon's most desirable sub-markets. Substantially renovated in 2021, the property offers modern finishes, premium amenities, 100% occupancy, and strong in-place rents, providing stable cash flow with limited near-term capital needs. Individually platted condominium units also offer future flexibility through potential unit-by-unit sales.

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Central Oregon Association of Realtors logo © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2026-08-11T23:43:41.683
www.arendsrealtygroup.com/homes/179109838
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1215 NW Portland Avenue Bend, OR 97703

  • Price: $7,500,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 130 min ago
  • MLS #: 220225763
0
Beds
0
Baths
0
½ Baths
0.66
Acres
1973
Built
County:
Deschutes
Area:
Bend
Property Description
The Rapids on Portland presents a rare investment opportunity in Northwest Bend, one of Central Oregon's most desirable sub-markets. Substantially renovated in 2021, the property offers modern finishes, premium amenities, 100% occupancy, and strong in-place rents, providing stable cash flow with limited near-term capital needs. Individually platted condominium units also offer future flexibility through potential unit-by-unit sales.
Exterior Features

Attached Garage YN No Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Stemwall Lot Features [] Parking Features AsphaltParking Lot Roof CompositionMetal Window Features Double Pane Windows

Interior Features

Basement [] Cooling Ductless Cooling YN Yes Flooring Vinyl Heating Fireplace(s)DuctlessNatural Gas Heating YN Yes Interior Features [] Levels Two

Property Features

Additional Parcels YN Yes Building Area Total 14650 CCRs YN No Common Walls 1 Common Wall2+ Common Walls Flood Unknown Yes Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 20 Other Structures [] Owner Pays [] Road Frontage Type [] Road Surface Type [] Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 24928 Tax Year 2026 Tenant Pays [] View [] Water Source Public Waterfront Features [] Zoning Description RM

Listing information © 2026 MLS of Central Oregon
Listing provided courtesy of RE/MAX Key Properties :(541)213-8967.

Central Oregon Association of Realtors logo © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2026-08-11T23:43:41.683
 
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Arends Realty Group | Ponderosa Properties, LLC
178 S Elm St Suite 102/103
Sisters OR, 97759
Listing provided courtesy of RE/MAX Key Properties :(541)213-8967.