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
Active
$650,000
109323 Highway 97 N, Chemult, OR 97731
7beds
3,479sqft
Multi Family
Built in 1926
-- sqft lot
$590,800 Zestimate®
$187/sqft
$-- HOA
What's special
Excellent highway visibilityDurable metal roofsDetached storage buildings
- 63 days
- 98
- 1
Zillow last checked:
Listing updated:
Listed by:
TnT Real Estate, LLC 541-815-9895
Source: Oregon Datashare,MLS#: 220224905
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: $266,910
- Annual tax amount: $1,400
- Date on market: 7/9/2026
- Listing terms: Cash,Conventional
Estimated market value
$590,800
$561,000 - $620,000
Not available
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 |
|---|---|---|
| 2025 | $1,400 +2.7% | $135,450 +3% |
| 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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Neighborhood: 97731
Nearby schools
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.
