Active

$650,000

109323 Highway 97 N, Chemult, OR 97731

7beds

3,479sqft

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Multi Family

Built in 1926

-- sqft lot

$639,600 Zestimate^®

$187/sqft

$-- HOA

What's special

Excellent highway visibilityDurable metal roofsDetached storage buildings

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

12 days

83

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 2

Heating

Electric

Cooling

None

Features

Flooring: Carpet, Laminate, Vinyl
Has fireplace: No
Common walls with other units/homes: 1 Common Wall,No Common Walls

Interior area

Total structure area: 3,479
Total interior livable area: 3,479 sqft

Property

Parking

Parking features: Attached Carport, Detached, Gravel, RV Access/Parking, Parking Lot
Has carport: Yes

Features

Levels: One,Two
Stories: 2

Lot

Size: 1.66 Acres

Details

Additional parcels included: Parcel 168749 Taxlot 2708-021CC-00100 .74 acre zoned CT MLS : 220224906
Parcel number: 168623
Zoning description: R5
Special conditions: Probate Listing

Construction

Type & style

Home type: MultiFamily
Architectural style: A-Frame,Ranch
Property subtype: Multi Family

Materials

Foundation: Pillar/Post/Pier, Stemwall
Roof: Metal

Condition

New construction: No
Year built: 1926

Utilities & green energy

Sewer: Septic Tank, Standard Leach Field
Water: Shared Well

Community & HOA

HOA

Has HOA: No

Location

Region: Chemult

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $289,580
Annual tax amount: $1,400
Date on market: 7/9/2026
Listing terms: Cash,Conventional

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Estimated market value

$639,600

$608,000 - $672,000

$1,578/mo

Price history

Date	Event	Price
7/9/2026	Listed for sale	$650,000$187/sqft
Source: Oregon Datashare #220224905 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,363 +4.1%	$131,510 +3%
2023	$1,310 +2.7%	$127,680 +3%
2022	$1,275 +3.4%	$123,970 +3%
2021	$1,234 +3.2%	$120,360 +3%
2020	$1,196 +2.5%	$116,860 +3%
2019	$1,166 +3%	$113,460 +3%
2018	$1,132 +8.3%	$110,160 +12.5%
2014	$1,045 +5%	$97,900 +3%
2013	$996	$95,050

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 97731

Getting around

29 / 100

Car-Dependent

33 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Gilchrist Elementary School
Grades: K-6Distance: 18.8 mi
2/10
Gilchrist Junior/Senior High School
Grades: 7-12Distance: 18.8 mi

Schools provided by the listing agent

Elementary: Gilchrist Elem
Middle: Gilchrist Jr/Sr High
High: Gilchrist Jr/Sr High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.