Deschutes
This modern downtown gem offers easy single-level living in one of the area's most sought-after historic neighborhoods. Located downtown just near the Box Factory and the Old Mill District, this home sits near local dining, shopping, recreation, and everyday conveniences. Inside, you will find the open-concept layout is designed for comfortable living and entertaining. The great room boasts a retro-style gas fireplace, bringing warmth and distinctive character to the living space. The kitchen features an island, quartz countertops, contemporary cabinetry, and stainless-steel appliances. large utility room with ample storage and a covered carport for added convenience. The two spacious bedrooms each provide access to outdoor living areas and patios. There is a large utility/storage room, great for packing in additional storage and the home does come equipped with Mini Splits for AC and alternative heating.
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Loan amount $759,000 · $190,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers 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 $949,000 with 20% down, this property runs $4,171 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.
Listing courtesy of Preferred Residential, agent Becky Seim, 541-306-3654
Data last updated August 13, 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.
Source: Spark MLS. Active inventory.