Both lots need to be sold together, currently an older home on lot 1, and an older shop on the other. The site is adjacent to a commercially zoned neighborhood and can also be classified as Neighborhood Commercial with expanded allowed uses. 1 Block off 3rd street. Office and repair service uses appear to be permitted in this zone and appraisal has been done on these properties, and being sold as is. Adorable 2 bedroom 2 bath, plus 2 additional finished rooms in the basement house, along with a adu over a shop on 1 lot, and a nice sized shop on the other tax lot. Shop has several seperate offices,,storage and loads of open space to use to work on your projects to work. And fenced parking space galore
▶ Tour
▶ Tour
Listing courtesy of Stellar Realty Northwest, agent Mary Stratton Dahlke
Data last updated July 15, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $800,000 · $200,000 down · 30 year term
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 $1,667 ($1,500–$1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
At $999,900 with 20% down, this property runs $4,465 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.
Get the rental projection