A rare opportunity to own a piece of Bend's founding history in the heart of the Old Town Historic District, the city's first platted neighborhood and birthplace of its mill-town legacy. Situated between NW Bond and NW Staats Streets, just three blocks from the vibrant downtown core and steps from Drake Park. The original 1915 Craftsman bungalow is one of the few surviving residences from the mill boom era, built the same year as the lumber mills that would later form the Old Mill District. While currently uninhabitable, prior renovation plans were approved (an 18+ month process) by Historic Landmarks and City of Bend for three units: a restored 841-sf historic cottage and a new duplex with two 411-sf 1BR/1BA units, plus three off-street parking spaces. Plans have expired and will need updated approval. Once restored, live in the cottage and rent the duplex (buyer to verify regulations), or restore and resell in a peaceful, high-demand neighborhood with an 89 Walk Score.