Investor Alert! Opportunity awaits with this 2 bedroom, 1 bath home offering 958 sq. ft. of living space on a generous .23-acre lot. Currently tenant-occupied by the same family for approximately seven years, this property provides immediate rental income while you plan for its future potential. Recent updates include remodeled bathroom, newer windows, and a roof and gutters replaced approximately six years ago. According to the seller, the City has indicated the property may support a fourplex with removal of the existing home; however, buyers are encouraged to perform their own due diligence with the appropriate agencies regarding development potential. Whether you're looking to expand your investment portfolio, generate rental income, or explore future redevelopment opportunities, this property offers flexibility and long-term upside in a desirable setting.
Listing courtesy of RE/MAX Integrity Grants Pass, agent Andy Fontes
Data last updated July 21, 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 $159,000 · $40,000 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 $1,000 ($850–$1,150) · starting estimate. Edit to your own number.
At $199,000 with 20% down, this property runs $515 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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