Description
Exceptional investment in the heart of Klamath Falls - two income-producing properties on one lot, both fully occupied and professionally managed. Includes a spacious 3,808 SF duplex built in 1980, each unit offering 3 bedrooms, 1.5 baths, and generous living space, plus an 874 SF single-family home built in 1980 with 2 bedrooms and 1.5 baths. Current combined rent is $3,300/month with conservative market potential of $4,800/month as leases renew, creating strong upside. Both buildings feature reliable geothermal heating and composite roofs in excellent condition. Situated on a level city lot with separate addresses, close to schools, shopping, and major employers, ensuring steady demand. Ideal for investors seeking immediate cash flow, low-maintenance systems, management in place, and room for future rent growth. Perfect for portfolio expansion, a 1031 exchange, or a turnkey rental package in a stable, appreciating market.
-
8BEDS
-
0.16ACRES
-
3BATHS
-
01/2 BATHS
School Information
Description
Exceptional investment in the heart of Klamath Falls - two income-producing properties on one lot, both fully occupied and professionally managed. Includes a spacious 3,808 SF duplex built in 1980, each unit offering 3 bedrooms, 1.5 baths, and generous living space, plus an 874 SF single-family home built in 1980 with 2 bedrooms and 1.5 baths. Current combined rent is $3,300/month with conservative market potential of $4,800/month as leases renew, creating strong upside. Both buildings feature reliable geothermal heating and composite roofs in excellent condition. Situated on a level city lot with separate addresses, close to schools, shopping, and major employers, ensuring steady demand. Ideal for investors seeking immediate cash flow, low-maintenance systems, management in place, and room for future rent growth. Perfect for portfolio expansion, a 1031 exchange, or a turnkey rental package in a stable, appreciating market.
© 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of High Desert Realty. Data last updated: .2025-11-15T23:43:40.1