1506 NW AWBREY RD, Bend, OR 97703
- $1,699,900
- 2,398
- SqFt
- List Price
- $1,699,900
- Days on Market
- 7
- MLS#
- 580974321
- Property Type
- Multifamily
- Sqft. of Residence
- 2,398
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Deschutes County
- Status
- ACTIVE
Property Description
Positioned in Bend’s coveted River West neighborhood, this unique two unit property offers exceptional flexibility for investors, owner occupants, or buyers seeking a hybrid use opportunity. The 1,848 SF main residence offers 3 bedrooms and 2.1 bathrooms, while the fully permitted detached ADU is privately positioned above the oversized 2 car garage and provides 550 SF with 1 bedroom and 1 bathroom. The property holds TWO transferable short term rental permits, creating a rare range of operating strategies. Operate the entire property as a rental, utilize both residences for short term rental income, or occupy the main home while generating supplemental income from the detached ADU. Each residence offers its own complete living environment, while the separation between structures provides added privacy for occupants and guests. The main home features an upgraded kitchen, gas fireplace, enclosed patio, vaulted bedroom ceilings, and primary suite, while the ADU includes its own entrance, full kitchen, living area, and private balcony. A fenced courtyard with gas fire pit, BBQ hookup, hot tub, and outdoor dining space further enhances tenant and guest appeal. The Deschutes River and Brooks Park are just steps away, with Drake Park, downtown Bend, 10 Barrel Brewing, The Lot, Bend Brewing Company, Deschutes Brewery, Newport Avenue Market, restaurants, shops, and recreation all nearby. This combination of location, two distinct residences, and TWO transferable short term rental permits creates a compelling opportunity for long term rental, vacation rental, or owner occupied investment use. Furnishings and appliances may be included with the sale, providing added flexibility for a buyer seeking a turnkey rental or move in ready opportunity.
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Additional Information
- Tax Amount
- $8,111
- Year Built
- 2012
- High School
- Summit
- Elementary School
- High Lakes
- Middle School
- Pacific Crest
- Garage Spaces
- 2
- Acres
- 0.12
- Living Area
- 2,398
- Stories
- 2
- Subdivision
- Old Bend
- Lot Size Dimension
- Irregular
- Terms
- Cash, Conventional
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity, Gas
- Heating Description
- Heat Pump, Mini Split, Zoned
- Hoa Rent Includes
- None
- Hot Water Description
- Gas, Tankless
- Exterior Description
- Stucco
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Detached, Garage
- Security Or Entry
- Sidewalk
- Parking Description
- Detached, Garage
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 3
- Unit Type One Rent
- 7800
- Unit Type One Sq Ft
- 1848
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
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Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.