Listed by: Christina Tsutsui-Tharp · TnT Real Estate, LLC

$600,000Price cut $50,000
  • — beds
  • 0 baths
  • — sqft

109323 Highway 97, Chemult, OR 97731

Est. $3,276/moPayment calculator
  • Multi FamilyHome type
  • Built in 1926Year built
  • 1.66 acresLot
  • NoneHOA

About this home

  • Listed Jul 9, 2026
  • 86 days on market
  • 57 photos

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

Facts & features

Interior

Bathrooms
0
Levels
One

Heating & cooling

  • Electric
  • None

Flooring

  • Carpet
  • Laminate
  • Vinyl

Property

Lot size
1.66 acres
Subdivision
N/A

Parking

  • Attached Carport
  • Detached
  • Gravel
  • RV Access/Parking
  • Parking Lot

Construction

Home type
Multi Family
Property type
Residential Income
Year built
1926

Materials

  • Metal roof

Utilities

Sewer & water

  • Septic Tank
  • Standard Leach Field
  • Shared Well water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Klamath

Financial & listing details

List price
$600,000
Original list price
$650,000
Annual property tax
$1,400
Date on market
Jul 9, 2026
Days on market
86
MLS#
220224905

Price & status history

DateEventPrice
Jul 9, 2026Listed for sale$650,000

Neighborhood

  • SubdivisionN/A
  • CityChemult, OR 97731
  • CountyKlamath

Payment calculator

Estimated monthly payment

$3,276/mo

  • Principal & interest$3,034
  • Property taxes$117
  • Homeowners insurance$125
  • HOA dues$0

Loan amount $480,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

Similar homes

MLSCO

Listing provided by TnT Real Estate, LLC · Listing agent: Christina Tsutsui-Tharp

Source
MLS of Central Oregon
MLS#
220224905
Last updated
Sep 22, 2026 at 8:23 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.