$572,000
NEW CONSTRUCTION

1951 17th St North Bend, OR 97459

Estimated payment $3,531/month

Total Views 40
2 Beds
4 Baths
2,000 Sq Ft
$286 Price per Sq Ft

Highlights

  • New Construction
  • Zoned Heating
  • Level Lot
  • Storage
  • 3 Car Garage

About This Home

Brand-New Duplex Investment Opportunity – Immediate Income with Tenants in Place. Rare opportunity to acquire a brand-new duplex scheduled for completion in July, with 24-month leases already secured for a total monthly rental income of $4,900. Enjoy the benefits of new construction combined with immediate cash flow and reduced maintenance concerns. Each thoughtfully designed unit features luxury vinyl plank flooring throughout, complemented by slate flooring in the entry, kitchen, bathrooms, and laundry areas. High-end finishes include walk-in tile showers, soft-close cabinetry, included kitchen appliances, and impressive 10.5-foot ceilings that create a spacious, modern feel. The functional floor plan offers a single attached garage, 1 bedroom and 2 full bathrooms on the main level unit. The upper-level unit offers 1 bedroom and 1.5 bathrooms - though each unit is spacious at approx 1,000 sqft and offers a secondary room suitable for office or otherwise. Built for durability and long-term ownership, the property includes fiber cement siding, vinyl windows, and a composition roof, providing peace of mind for years to come.Adding significant value is a 1,080-square-foot shop built in 2019, complete with a loft and heated office space, offering flexibility for storage, business use, hobbies, or additional rental potential. Conveniently located near the hospital and major medical centers, this centrally situated property benefits from strong rental demand and excellent accessibility. Whether you're expanding your portfolio or seeking a turnkey investment, this property delivers the ideal combination of new construction, stable income, quality finishes, and long-term ownership appeal.

Listing Agent

Juli Whelchel

Coastal Sotheby's International Realty License #200509355 Listed on: 06/25/2026

Co-Listing Agent

Vicki Whelchel

Coastal Sotheby's International Realty License #930300066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,307

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Storage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Schools

  • Hillcrest Elementary School
  • North Bend Middle School
  • North Bend High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 99920269

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $5,308
  • Gross Income $58,800
  • Net Operating Income $53,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,307

Year Built

Built in 2025 | New Construction

Lot Details

7,405 Sq Ft Lot

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2025
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Current Price For Status: 572000.0
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 2
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, OffStreet
  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hillcrest
  • High School: North Bend
  • Middle Or Junior School: North Bend

Lot Info

  • Zoning: CL
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 99920269

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 9.73
  • Annual Gross Income: 58800.0
  • Property Net Operating Income: 53492.0
  • Annual Operating Expense: 5308.0

Tax Info

  • Tax Annual Amount: 5307.18

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2026 06/25/26 For Sale $572,000 -- $286 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 394348737

Regional Multiple Listing Service (RMLS)
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