20192 Reed Lane, Bend, OR 97702 | Home For Sale

Property Highlights – Multifamily infill opportunity in SW Bend, Oregon – Two RM‑zoned parcels sold together, totaling 0.95 acres in the Blakely Heights neighborhood – Approximately 2 miles to the Old Mill District; minutes to Deschutes River Trail, US‑97, schools, and shopping – RM zoning may support up to 30 units (apartments, townhomes, or condominiums); buyer to verify with City of Bend – Previously approved by the City of Bend for a 20‑unit apartment complex – Architectural, civil engineering, landscape, conceptual site layout, and land use approval documents available – Utilities at the street; site infrastructure and early site work completed – Coulter Grove Park (fully funded $1.75 million Bend Park & Recreation District neighborhood park) is in active design across the street; expected completion Summer 2028 – Seller open to outright purchase, co‑investment, seller carry, or partnership development – Buyer to perform own due diligence