$849,000
SOLD JAN 22, 2026

688 SE Centennial St Bend, OR 97702

Larkspur Neighborhood
9 Beds
3 Baths
3,256 Sq Ft
10,019 Sq Ft Lot Lot

Sale Details

Date Sold: January 22, 2026

$261 Per Sq Ft

1% Below List Price

92 Days on Market

Highlights

  • No Units Above
  • Deck
  • Traditional Architecture
  • Open Floorplan
  • Territorial View
  • 4-minute walk to Kiwanis Park

About This Home

As of January 2026

CAP Rate over 6%! Great opportunity to own an excellent investment property in wonderful Bend, Oregon! Three beautiful units - all tastefully remodeled in 2022. Brand new furnaces in all units. Convenient SE Bend location. Close to shopping and other amenities. Beautiful laminate flooring, cabinets, and countertops. Each unit has a garage and a fenced backyard. Lucrative investment! Excellent CAP rate.

Last Agent to Sell the Property

Peggi Schoning

HomeSmart Realty Pros License #201106096 Listed on: 09/23/2025

Last Buyer's Agent

Peggi Schoning

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Fenced
  • Landscaped
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Dual Flush Toilets
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Assigned Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenants personal items
  • Legal Lot and Block 02506 / 86
  • Assessor Parcel Number 164723

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Bend Park Subdivision

Building Details

  • Professional Management Expense $5,310
  • Gross Income $70,800
  • Net Operating Income $56,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1978

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Architectural Style: Traditional
  • Directions: Right off Wilson.
  • Unit Levels: Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Bend Park
  • Year Built: 1978
  • Total Gross Income: 70800.0
  • Professional Management Expense: 5310.0
  • Co List Office Phone: 541-635-4663
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Dual Flush Toilet(s), Open Floorplan, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames

Exterior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Stemwall
  • Lot Features: Fenced, Level, Landscaped
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenants personal items
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned, Asphalt, Attached
  • Attached Garage: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 164723
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 56587.0
  • Annual Operating Expense: 8903.0

Tax Info

  • Tax Annual Amount: 4702.75
  • Tax Block: 86
  • Tax Lot: 02506
  • Tax Year: 2024

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2025
Closed on
Jan 20, 2026
Sold by
Bought by
Seller's Agent
Peggi Schoning
HomeSmart Realty Pros
Buyer's Agent
Peggi Schoning
List Price
$859,000
Sold Price
$849,000
Premium/Discount to List
-$10,000
-1.16%
Views
16
Current Estimated Value
$870,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,972
Avg. Annual Appreciation
7.15%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 25, 2020
Sold by
Bought by
Seller's Agent
Peggi Schoning
HomeSmart Realty Pros
Buyer's Agent
Peggi Schoning
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Type Sale Price Title Company
Warranty Deed $849,000 Deschutes Title
Warranty Deed $450,000 Deschutes County Title Co
Source: Public Records

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 Prior Sale
01/22/2026 01/22/26 Sold $849,000 -1.2% $261 / Sq Ft
12/24/2025 12/24/25 Pending -- -- --
09/23/2025 09/23/25 For Sale $859,000 +90.9% $264 / Sq Ft
08/27/2020 08/27/20 Sold $450,000 -4.1% $138 / Sq Ft View Prior Sale
07/23/2020 07/23/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $469,000 -- $144 / Sq Ft
Source: Oregon Datashare

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,888 $289,290 -- --
2024 $4,703 $280,870 -- --
2023 $4,359 $272,690 $0 $0
2022 $4,067 $257,040 $0 $0
2021 $4,073 $249,560 $0 $0
2020 $3,865 $249,560 $0 $0
2019 $3,757 $242,300 $0 $0
2018 $3,651 $235,250 $0 $0
2017 $3,544 $228,400 $0 $0
2016 $3,380 $221,750 $0 $0
2015 $3,286 $215,300 $0 $0
2014 $3,189 $209,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggi Schoning

    Seller's Agent in 2026

    Peggi Schoning

    HomeSmart Realty Pros

    (541) 788-4100

    1 in this area

    20 Total Sales

    Peggi Schoning
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Map

Source: Oregon Datashare

MLS Number: 220209654

Oregon Datashare

APN: 164723

Oregon Deschutes County Bend 97702 Larkspur

688 SE Centennial St, Bend, OR

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Oregon Datashare © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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