Rare opportunity to own a multi-unit income property with over 270 feet of Hwy 97 frontage in the heart of Chemult. This unique offering includes a duplex, detached 2-story single-family home, detached cabin with fenced yard, and an additional .75-acre commercial parcel, creating exceptional flexibility for future use and investment. All residential units are occupied on month-to-month leases, providing immediate rental income with potential for future rent increases. Additional features include covered parking for the duplex, detached storage buildings, durable metal roofs, and excellent highway visibility. Ideally located along one of Central Oregon's primary travel corridors with convenient access to Crater Lake National Park, world-class hunting, fishing, snowmobiling, and outdoor recreation. Properties offering this combination of residential income and commercial potential are rarely available in Chemult. Additional .75-acre commercial parcel included. See MLS #XXX
Listing courtesy of TnT Real Estate, LLC, agent Christina Tsutsui-Tharp
Data last updated July 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $520,000 · $130,000 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 $3,250 ($2,775–$3,725) · starting estimate. Edit to your own number.
At $650,000 with 20% down, this property runs $1,190 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.
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