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Opportunity is knocking! This single level home is on two city lots zoned for Multi-Family Residential use near downtown Sisters. The home features include the kitchen open to the living room, primary bedroom on the main level and close proximity to everything Sisters has to offer. The future possibilities of these lots are endless with the potential to build two duplexes or two houses with an ADU (buyers to perform due diligence with the City of Sisters).
A rough estimate, not a quote. Loan amount $399,200 · $99,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
0.16 acres on the county assessor's map. Tax lot 151009BB06500, Deschutes County Assessor's Office. Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
85 listings of every type for sale, 21 pending, 11 sold in the last 30 days. Tap a place for its numbers, or slide the price.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Sisters, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. The map outlines 61 of the 107 places with a recorded boundary here; listings outside an outline are counted and drawn as dots with no outline to tap. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| Mar 28, 2025 | Price drop | $460,000$39K down |
| Mar 3, 2025 | Listed | $499,000 |
$533 per sq ft
24 days on market. Sisters median to pending is 11 days.
Tax $1,697 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
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 to $1,925) · HUD Fair Market Rent (FY2025), Deschutes County, 2BR. Edit to your own number.
Cash flow
-$1,630/mo
Cap rate
2.5%
Cash on cash
-19.6%
Cash needed
$99,800
At $499,000 with 20% down, this property runs $1,630 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $513,970 | $118,825 | -$19,565 |
| 2 | $529,389 | $138,592 | -$19,318 |
| 3 | $545,271 | $159,137 | -$19,067 |
| 5 | $578,478 | $202,704 | -$18,550 |
| 10 | $670,614 | $328,051 | -$17,164 |
| 20 | $901,250 | $672,508 | -$13,943 |
| 30 | $1,211,204 | $1,211,204 | -$10,017 |
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 Ponderosa Properties, agent Phil Arends, 541-549-2002
Data last updated September 3, 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.
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0.16 acres on the county assessor’s map, tax lot 151009BB06500 · County record
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
In Sisters, at the foot of the Three Sisters.
Median close price $722,000 in Aug 2026, down 11.3% from Aug 2025.
Apr 2024 to Aug 2026 (24 months) · Market Truth leftover, Sisters city, monthly median close. Completed months only.
This home is listed at $499,000, 44.5% below the Sisters median list price. See full Sisters market →