Listing courtesy of Gateway Real Estate, agent Genie Long
Data last updated June 16, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
First time on the market in 30 years, this super sweet cottage in the highly sought-after RR District is full of charm and artistic character. This thoughtfully designed 2 bedroom, 1 bath home offers approximately 1,326 sq ft of light-filled living space with an open feel, vaulted ceilings, and abundant natural light throughout. Recent updates include a beautifully remodeled kitchen and bathroom in 2025, along with a new roof in 2026.
The home features inviting sitting, living, and dining areas, plus an attached studio/office with a separate entrance -- perfect for creative space or home office. The fully deer-fenced, pet-secure yard was completed in 2026 and includes mature landscaping, a peaceful water feature, sitting deck, and gazebo ready for a hot tub. Additional highlights include 2 off-street parking spaces and 3 custom utility sheds for storage or gardening needs.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $392,000 · $98,000 down · 30 year term
See the monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $2,450 ($2,075–$2,825) · starting estimate. Edit to your own number.
At $490,000 with 25% down, this property runs $1,060 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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