
Listing courtesy of Crater Lake Realty,Inc., agent Leah Ghielmetti
Data last updated June 23, 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.
Reconstruction Opportunity in this 1920 single-story home on .28 acres, mid-remodel with upgrades needed--ideal for investors, contractors, or DIY buyers. Features include vinyl windows, newer water heater, wood stove, portable AC, portable heater, and space for a stacked washer/dryer in the bathroom, 2 decks (Trex). Three outbuildings provide storage or workspace, and all items in the home and sheds are included for a true project-ready start. Located in the historic community of Fort Klamath near the Wood River and just 5 miles from Crater Lake National Park, a peaceful setting, surrounded by ranchland, rivers, and wide-open mountain views.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $68,000 · $17,000 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 $500 ($425–$575) · starting estimate. Edit to your own number.
At $85,000 with 25% down, this property runs $201 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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