Price cut $45K
$650,000
1/54 BD · 2.5 BA · 2,500 SF · 0.1 AC
20991 NE Legend Place
Bend, OR 97701
#220228740 01 / 18
For sale
$650,000
734 NE Greenwood Avenue
Bend, OR 97701
- Baths
- 0
- Acres
- 0.18
- Built
- 1956
Est. $3,921/mo~6 min to downtown Bend (approx.)
Listing by Keller Williams Realty Central Oregon · 541-585-3760
MLS# 220218564 · Active
01
About this home
Prime investment opportunity on a high-visibility main street location! This well-established laundromat property has served the community for decades, offering strong recognition and consistent traffic. Situated within the Opportunity Zone, this property presents exceptional potential for redevelopment, expansion, or long-term hold with potential tax advantages. The building and equipment have been recently upgraded, providing a turnkey foundation for continued operation or repositioning. Ample frontage and accessibility enhance its appeal for both customers and future development concepts. This offering is part of a portfolio sale, with additional properties available, creating a unique opportunity for investors seeking scale and diversification. The laundromat business is available for purchase separately at $300,000, allowing for multiple investment strategies. Rare chance to own a legacy location with modern improvements and future growth potential.
02
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03
Price history
183 days, no changes| Date | Event | Price |
|---|---|---|
| Apr 6, 2026 | Listed for sale | $650,000 |
From the MLS: original list price and latest price change. 183 days on market.
04
Drive times
~6 min to downtown Bend- Downtown Bend~6 min · 1.3 mi
- Old Mill District~7 min · 1.9 mi
- St. Charles Bend~8 min · 2 mi
- Sunriver Village~29 min · 18.8 mi
- Redmond Airport (RDM)~30 min · 19.7 mi
- Mt. Bachelor~38 min · 26.5 mi
- Sisters~38 min · 26.4 mi
- Smith Rock State Park~41 min · 29.3 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1956- Year built
- 1956
- Lot
- 0.18 AC · 7,841 SF
- HOA
- None reported
- Taxes
- $4,687/yr
- County
- Deschutes
- Days on market
- 183
- MLS #
- 220218564
- Interior
- Laminate Counters
- Flooring
- Concrete
- Heating
- Ductless
- Cooling
- Ductless
- Parking
- Parking Lot · Asphalt
- Lot
- Level
- Construction
- Concrete
- Roof
- Membrane
06
Location & schools
Bend44.0603° N · 121.2946° W
Directions07
Monthly payment
$3,921/mo$3,921/mo
$520,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $3,287
- Property tax (listing)
- $391
- Home insurance (est.)
- $244
20% · $130,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220183259Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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