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$395,000   Price Analysis
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505 NE Franklin Ave
Bend, OR 97701
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.24 acre lot.
Listed 2024-03-25, Taxes $1,794
Ⓧ USDA Ineligible
due to property

near Bend

Incredibly rare opportunity to own nearly a quarter acre of prime land a stone's throw from the Bend Central District

Currently undergoing revitalization spurred by local, state and federal funds. Only a block away from Junipr Swim and Fitness, Safeway and the eastern end of Franklin's planned pedestrian crossing, which, when complete, will allow walking access to downtown. Nearby Bend Senior High is being completely reimagined as part of a recent bond measure.

RM zoning permits the development of up to five units per the standard density range, with potential uses including townhouses, multiplexes, affordable housing units and ADUs. Thanks to the City of Bend's push for dense, mixed-use development, higher-density projects may be an option in the future. Buyers are responsible for conducting their own due diligence to verify current zoning regulations and any applicable restrictions or requirements related to land use or development.


Presented by Matt Johnson at
RE MAX Key Properties.
Listing Agent Photo

Property MLS #220179206 from CentralOregon

Additional Parcels: No
Lot Size Acres: 0.24
Lot Size Dimensions: 02000
Lot Size Square Feet: 10454

Road Surface Type: Paved

View: Neighborhood

Association: No
Calculated Total Monthly Association Fees: 0

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

Bend Senior High School is a public high school located approximately 0.3 miles away.
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Juniper Elementary School is a public elementary school located approximately 0.8 miles away.
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Pilot Butte Middle School is a public middle school located approximately 0.9 miles away.
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Coic - La Pine is a private high school located approximately 0.2 miles away.
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Central Oregon Intergovrnmental Council Skills Lab is a private high school located approximately 0.2 miles away.
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Coic - Prineville is a private high school located approximately 0.2 miles away.
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Coic - Bend is a private high school located approximately 0.2 miles away.
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Coic -Redmond is a private high school located approximately 0.2 miles away.
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Community Features: Gas Available

Annual Tax Amount: 1923.71
Tax Block: 40
Source Listing Status: Active
County: Deschutes
Cross Street: 5th Street
Current Use: Vacant
Directions: Development site is located South of Franklin Avenue and East of 5th Street.
Tax Year: 2023
Source Property Type: Land
Source Neighborhood: Center
Parcel Number: 105455
Subdivision: Center
Zoning: RM
Property Features: Corner Lot
Property Subtype: Residential Lots
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$116,830
$1,794
2021$unknown + $unknown
$113,430
$1,797
2020$unknown + $unknown
$110,130
$1,705
2019$unknown + $unknown
$106,930
$1,658
2018$unknown + $unknown
$103,820
$1,611
2017$unknown + $unknown
$100,800
$1,564
2016$unknown + $unknown
$97,870
$1,468
2015$unknown + $89,490
$89,490
$1,328
2014$unknown + $unknown
$71,100
$1,054
2013$unknown + $unknown
$56,620
$834
2012$unknown + $unknown
$51,310
$755
2011$unknown + $unknown
$61,200
$908
2010$unknown + $unknown
$86,140
$1,299
2009$unknown + $unknown
$95,020
$1,456
2008$unknown + $unknown
$92,260
$1,407
2007$unknown + $unknown
$89,580
$1,341

Listed 2024-03-25
$395,000
CentralOregon
Sold 2023-08-18
$370,000
CentralOregon
Listed 2023-08-02
$379,500
CentralOregon
Sold 2006-08-11
$735,000
Public Record
Sold 2002-09-06
$82,500
Public Record

Irrigation Water Rights: No

Sewer: Public Sewer
Cable Available
Electricity Available
Natural Gas Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.