1506 Nw Awbrey Rd, Bend, OR

$1,699,900

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2,398

Square feet

0.12

Acres

About 1506 Nw Awbrey Rd

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.

Features of 1506 Nw Awbrey Rd

MLS® # 580974321
Price $1,699,900
Bathrooms 0.00
Square Footage 2,398
Acres 0.12
Year Built 2012
Type Multi Family
Status Active

Community Information

Address 1506 Nw Awbrey Rd
Area 320 - Deschutes County
Subdivision Old Bend
City Bend
County Deschutes
State OR
Zip Code 97703

Amenities

Parking Spaces 3
Parking Detached, Garage
# of Garages 2
View Trees/Woods
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump, Mini Split, Zoned
Cooling Heat Pump, Mini Split
Fireplace No
# of Stories 2
Basement Crawl Space

Exterior

Exterior Stucco
Lot Description Corner Lot, Level, Public Road
Roof Composition
Foundation Concrete Perimeter, Stem Wall

School Information

Elementary High Lakes
Middle Pacific Crest
High Summit

Additional Information

Date Listed September 3rd, 2026
Days on Market 19
Zoning RM
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Portland Premiere
Contact Info503-709-4632

Listing Map

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