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$599,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 1,600 Sq. Ft.
  • Updated 4 hours ago
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This duplex at 466 & 468 NE Olney Ave. offers two income-producing two-bedroom units with stable tenants in place, generating a total of $3,320 in monthly rent. Priced at $599,000, the property sits on a 7,405 SF lot with 1,600 SF of building space and includes three onsite parking spaces. Recent kitchen and bathroom upgrades, below-market rents, and a highly desirable location contribute to its strong investment appeal. With an estimated NOI of $28,471.20 and a cap rate of 4.75%, this asset presents solid cash flow and upside potential in a competitive rental market.

Full Property Details for 468 NE Olney Ave

General

  • Price: $599,000
  • Taxes: $2,221 (2024)
  • Status: Active
  • Type: Duplex
  • Source: ODS
  • MLS ID: 220214010
  • Updated: Today (1/20/2026)
  • Added to Site: Today

Interior

  • Flooring: Hardwood, Laminate

Parking

  • Parking Features: Shared Driveway

Location

  • Area: 1600
  • County: Deschutes
  • Subdivision: Wiestoria
  • Cross Streets: NE 5th Street

School Information

  • Elementary School: Juniper Elem
  • Middle School: Pilot Butte Middle
  • High School: Bend Sr High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Northwest
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: 1 Common Wall
  • Stories/Levels: 1
  • Square Feet: 1,600
  • Sq. Ft. Source: Assessor
  • Year Built: 1948

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Zoning: RH

Financial Considerations

  • Tax Amount: $2,221.02
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 162652
  • Section: NE
  • Block: 12
  • Lot Number: 9 & 10

Listed by Compass Commercial Real Estate (541) 383-2444, Daniel B Kemp (541) 550-8413 and Compass Commercial Real Estate (541) 383-2444, Emilio Michael Tiscareno (541) 213-9640

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Listing agents

— 468 NE Olney Ave —

  • Daniel B Kemp

    Compass Commercial Real Estate

    541-383-2444

  • Emilio Michael Tiscareno

    Compass Commercial Real Estate

    541-383-2444

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 468 NE Olney Ave

School District:Bend-la Pine Administrative School District 1
NameGradesDistance
Juniper Elementary School
1300 Northeast Norton Avenue, Bend, OR 97701
K-50.6 mi
Pilot Butte Middle School
1501 Northeast Neff Road, Bend, OR 97701
6-80.9 mi
Bend Senior High School
230 Northeast 6th Street, Bend, OR 97701
9-110.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 468 NE Olney Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$599,000
202.53%
MLS
8/19/2008
Sold
$198,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 468 NE Olney Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,308
4%
$136,620
3%
2024
$2,221
8%
$132,650
3%
2023
$2,059
7%
$128,790
6%
2021
$1,924
-3%
$121,400
—
2022
$1,980
3%
$121,400
3%
2021
$1,924
8%
$117,870
3%
2019
$1,774
3%
$114,440
3%
2018
$1,724
3%
$111,110
3%
2017
$1,674
5%
$107,880
3%
2016
$1,596
3%
$104,740
3%
2015
$1,552
3%
$101,690
3%
2014
$1,506
4%
$98,730
3%
2013
$1,453
—
$95,860
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Compass Commercial Real Estate (541) 383-2444, Daniel B Kemp (541) 550-8413 and Compass Commercial Real Estate (541) 383-2444, Emilio Michael Tiscareno (541) 213-9640

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468 NE Olney Avenue, Bend, OR 97701 (MLS# 220214010) is a Duplex property with 0 bedrooms and 0 full bathrooms. 468 NE Olney Avenue is currently listed for $599,000 and was received on January 20, 2026. Want to learn more about 468 NE Olney Avenue? Do you have questions about finding other Duplex real estate for sale in Aubrey Butte? You can browse all Aubrey Butte real estate or contact a Coldwell Banker agent to request more information.

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