Back on market with great new price. Studio Garden Apartments. Iconic Bend, Oregon apartment homes located in the heart of the community. First time ever on the market. Family developed, owned, and managed since the 1970's. 22 garden style units on 2.82 acres in a beautiful, wooded setting with seasonal canal running through. 3 two story buildings containing 10 one bed one bath apartments and 12 two bed one bath apartments. Plus two laundry rooms with storage units. Extremely well managed and maintained. Always fully occupied. And best of all, over an acre of developable property all zoned RM for multifamily housing.
Multi-familyProperty Type
1972Year Built
2.82 acresLot Size
$208Price/Sq.Ft.
1 spaceParking
Listed by Ron Ross• Compass Commercial Real Estate
Listed by Terrence O'Neil• Compass Commercial Real Estate
Bought with Adam Bledsoe• Compass Commercial Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.78 Acres
Year renovated
—
Sq. Ft.
—
Year built
1971
Style
Other
County
Deschutes County
APN
169672
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
RM
The Medium and High Density Residential Districts are intended to provide land for a mix of middle housing, multi-unit dwellings and single-room occupancies in locations that are convenient to service commercial uses and future transit opportunities.
The Medium Density Residential District is intended to provide primarily for the development of multi-unit residential in areas where sewer and water service are available. The residential density range in the district is 7.3 to 21.7 units per gross acre and must provide a transitional use area between other Residential Districts and other less restrictive areas.
Permitted uses
Include but are not limited to:
Day care facility
Laundromat
General retail
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use building
Office
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Features: Asphalt, Assigned, Parking Lot
Interior
Heating & Cooling
Has Heating
Cooling: None
Heating: Baseboard, Electric, Radiant, Zoned
Interior Features
Appliances: Dishwasher, Range, Refrigerator, Water Heater
Flooring: Carpet, Laminate, Vinyl
Other Rooms Information
Basement: None
Exterior
Exterior Features
Exterior Features: Courtyard
Roof: Composition
Security Features: Smoke Detector(s)
Window Features: Vinyl Frames
Building Information
Year Built: 1972
Building Area Total: 18304.0
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Levels: Two
Builder Name: Rogers
Construction Materials: Frame
Other Structures: Shed(s), Storage
Foundation Details: Slab
Property Information
WaterfrontYN: Yes
Property Type: Residential Income
Waterfront Features: Stream
Property Sub Type: Multi Family
Audio Surveillance on Premises YN: No
Video Surveillance on Premises YN: No
Short Term Rental Permit YN: No
Land Information
Road Surface Type: Paved
Flood Unknown: Yes
Lot Information
Lot Size Sq. Ft.: 122839.2
Lot Size Acres: 2.82
Lot Size Area: 2.82
Lot Features: Landscaped, Level, Native Plants, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Lot Size Units: Acres
AdditionalParcelsYN: No
Zoning Description: RM
Financial
Tax Information
Tax Annual Amount: 25934.17
Tax Year: 2024
FIRPTA YN: No
Financing Information
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Electricity Connected
Location
Multi-Unit Information
# of Units Total: 22
Laundry Facility: Yes
Parking Details: # of Garages: 0
Parking Details: # of Carports: 0
Separate Electric Meters: Yes
School Information
Elementary School: North Star Elementary
Middle Or Junior School: Sky View Middle
High School: Mountain View Sr High
Community Information
Community Features: Park
CCR's YN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2.78 acres
Style: Other
Year Built: 1971
Year Renovated: —
County: Deschutes County
APN: 169672
Home facts updated by county records on Aug 13, 2026
Around this home
Schools
North Star Elementary
Public K-5 • Assigned • 2.4mi
8/10
Sky View Middle School
Public 6-8 • Assigned • 2.2mi
7/10
Mountain View Senior High School
Public 9-12 • Assigned • 1.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 90° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
21 unhealthy days expected this year, 24 days in 30 years
Provided by First Street
Historical weather
Bend, OR • 97701
Average low and high temperatures (°F)
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52
34
48
32
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Sun exposure
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