$739,000

940 NE Norton Avenue Lot 4, Bend, OR 97701

2 beds |
3 baths |
1,195 sqft

Single-Family Home
Built in 2025
2,178sqft lot
1 car garage
$618/sqft
Listed 2 months ago

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

Listing Status:: Active
Date Added:: January 30, 2026
Data Last Updated:: April 5, 2026 at 9:41PM
Listing Office:: Varsity Real Estate : 541-215-4442
MLS ID:: 220214456

General: Breakfast BarCeiling Fan(s)In-Law FloorplanOpen FloorplanVaulted Ceiling(s)Wired for DataShower/Tub ComboFiberglass Stall ShowerHigh Speed Internet
Appliances: CooktopDishwasherDisposalMicrowaveOvenRangeRange HoodWater Heater
Flooring: CarpetHardwood
A/C: ENERGY STAR Qualified EquipmentHeat PumpWhole House FanDuctless
Heating: DuctlessENERGY STAR Qualified EquipmentHeat Pump

Style: NorthwestContemporary
Parking: Alley AccessAsphaltAttachedElectric Vehicle Charging Station(s)Garage Door OpenerStorage

Roofing: Metal
Windows: Double Pane WindowsENERGY STAR Qualified WindowsLow-Emissivity WindowsVinyl Frames
General: FrameTwoStemwall

Road/Access: Paved
HOA Amenities: LandscapingSnow Removal70.0Monthly
County: Deschutes

Zoning: 290899

Water: PublicBackflow Domestic
Sewer: Public Sewer

This listing courtesy of Varsity Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Juniper Elementary School

1300 NE Norton Ave, Bend, OR, 97701

Grades KG-5

0.21 miles away

Pilot Butte Middle School

1501 NE Neff Rd, Bend, OR, 97701

Grades 6-8

0.39 miles away

Marshall High School

1291 NE 5th St, Bend, OR, 97701

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.