Price Reduction
Address
109323 Highway 97 N, Chemult, OR
Price
$ 600,000
Property Attributes
- MLS#220224905
- TypeMulti-Family
- Listing Status Active
- CountyKlamath
- CityChemult
- AreaNot Applicable
- Zip97731
- StyleA-Frame, Ranch
- Year Built1926
- Taxes$ 1400
- Price$ 600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3479
- Lot Size1.66 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
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
| Elementary School | Middle School | High School |
|---|---|---|
| Gilchrist Elem Elementary School | Gilchrist Jr/Sr High Middle School | Gilchrist Jr/Sr High High School |
| Price History | |
|---|---|
| 7/9/2026 | Listed $650,000 |
| 9/23/2026 | 8$600,000 |
General Features
| Sewer | Septic Tank,Standard Leach Field |
|---|---|
| Heating | Electric |
| Cooling | None |
| Roof | Metal |
| Architectural Style | A-Frame,Ranch |
| Year Built | 1926 |
| Levels | One,Two |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Gross Income | 39000 |
| Additional Parcels Description | Parcel 168749 Taxlot 2708-021CC-00100 .74 acre zoned CT MLS : 220224906 |
| County | Klamath |
| Net Operating Income | 29463 |
| Operating Expense | 9573 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | N/A |
| Status | Active |
| High School | Gilchrist Jr/Sr High |
| City | Chemult |
| Zoning Description | R5 |
| Number Of Units Total | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 72309.6 |
| Elementary School | Gilchrist Elem |
| Tax Annual Amount | 1400.49 |
| Middle/Junior High School | Gilchrist Jr/Sr High |
| Additional Parcels Y/N | true |
| Structure Type | House |
| Standard Status | Active |
| AttributionContact | 541-815-9895 |
| Sewer_co_Septic_sp_Tank | true |
| Utilities_co_Natural_sp_Gas_sp_Available | true |
Interior Features
| Flooring | Carpet,Laminate,Vinyl |
|---|---|
| Common Walls | 1 Common Wall,No Common Walls |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
Exterior Features
| Parking Features | Attached Carport,Detached,Gravel,RV Access/Parking,Parking Lot |
|---|---|
| Water Source | Shared Well |
| Lot Size Area | 1.66 |
| Foundation Details | Pillar/Post/Pier,Stemwall |
| Building Area Total | 3479 |
| Lot Size Acres | 1.66 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 97731
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 23, 2026 6:42 PM UTC Some properties which appear for sale on this website may subsequently have sold or may
