18

Klamath Falls, OR Multifamily Homes & Duplexes for Sale

Section Image
  • /31

    $215,000

    332 N 10th St, Klamath Falls, OR 97601

    Opportunity awaits! This home has multiple options for future use; with 3 bed and 1 bathroom upstairs & a 1 bed 1 bath downstairs this could easily be a great rental option. The garage has been turned into a finished space and could make a great studio apartment/AirBNB, etc. creating 3 opportunities. The driveway is HUGE, plenty of space for RV/boat storage, multiple cars or trucks, offering easy

    Kailyn Robnett Keller Williams Realty Southern Oregon

    332 N 10th St, Klamath Falls, OR 97601
  • /39

    $420,000

    5306 Cottage Ave, Klamath Falls, OR 97603

    Investors alert!! Take advantage of this opportunity to own a dual-income property; centrally located close to medical, shopping, schools, etc. TWO 2 bed 1 bath homes. Both houses have undergone extensive renovations! All new electrical, panels, plumbing, interior paint, exterior paint, kitchens & have bathrooms have been completely redone with walk-in tile shoes, granite counter tops throughout

    Kailyn Robnett Keller Williams Realty Southern Oregon

    5306 Cottage Ave, Klamath Falls, OR 97603
  • /16

    $1,500,000

    • 1 Sq Ft

    1604 Hope St, Klamath Falls, OR 97603

    13 space manufactured home park with 8 park owned units. One vacant space and all park owned units are occupied. Park provides water, sewer and trash. Units are in good condition. Some of the park owned units have newer a/c heat pump a/c. 7.56% capitalization rate.

    Jack Rookstool Rookstool Moden Realty Llc

    1604 Hope St, Klamath Falls, OR 97603
  • /12

    $1,000,000

    • 23 Baths
    • 10,752 Sq Ft

    224 S Broad St, Klamath Falls, OR 97601

    Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create add'l tenant storage. 12 current vacancies provide the

    Jordan Sparks SMI REAL ESTATE

    224 S Broad St, Klamath Falls, OR 97601
  • /47

    $589,000

    • 3,780 Sq Ft

    3617 La Marada Way Unit 3617,3621,3625,3629, Klamath Falls, OR 97603

    Very well maintained 4 plex in Sunset Village on a corner lot. Nice yards in front and back. Each unit has its own garage and back yard with storage/sheds. 1 of the units has had quite a few updates with paint, flooring and cabinets etc.. Front and backyards, nice open floor plan with 2 bed 1 bath in each unit. All have had long-time tenants which is why rents are lower than typical. 1 unit is

    Dayna Durant-Sellars Fisher Nicholson Realty, LLC

    3617 La Marada Way Unit 3617,3621,3625,3629, Klamath Falls, OR 97603
  • /26

    $260,000

    • 1,998 Sq Ft

    449 Adams St, Klamath Falls, OR 97601

    Nicely remodeled duplex that comes with an extra lot to build on. New Hardie Plank siding, new interior and exterior paint. New appliances and flooring in the Richmond side. Each unit has its own single car garage. Currently one side (Adam side) is rented to a family member, so the rent does not correlate with potential rental market rate. The Richmond street side is vacant and easy to show.

    Ryan Weider Windermere Real Estate Kf

    449 Adams St, Klamath Falls, OR 97601
  • /20

    $1,795,000

    • 20,473 Sq Ft

    542 Riverside Dr, Klamath Falls, OR 97601

    Don't miss this rare opportunity to own a 13-unit multi family complex offering strong returns and long-term value. This property features 9 spacious 2 bed/1 bath units and 4 well-maintained 1 bed/1 bath units, along with 9 private garages-a highly desirable amenity for tenants. Currently, 12 of 13 units are occupied, ensuring immediate income for savvy investors. Located just minutes from

    Brooke Allen Century 21 Showcase, Realtors

    542 Riverside Dr, Klamath Falls, OR 97601
  • /34

    $299,000

    • 1,724 Sq Ft

    5608 Delaware Ave, Klamath Falls, OR 97603

    Nice, updated duplex on a large suburban, corner lot. 5608 Delaware is a 2 BR, 1 Bath w/gas heat plus an updated bathroom. 5610 Delaware is a 2 BR, 1 Bath w/electric heat and updated bathroom. Both units have new LVP flooring in the majority of the rooms, fresh interior paint, new light switches & plug-ins. Each unit has a garage (will have new roof over garage area soon) and separate

    Carla Yancey Fisher Nicholson Realty, LLC

    5608 Delaware Ave, Klamath Falls, OR 97603
  • /19

    $400,000

    • 1,840 Sq Ft

    356 Division St, Klamath Falls, OR 97601

    Amazing investment opportunity with this fully rented 3-unit multifamily property. Includes 356 Division (2 bed, 1 bath, rented for $1,200), 353 Martin (1 bed, 1 bath, rented for $900), and 357 Martin (2 bed, 1 bath, rented for $975). All units have been recently updated with fresh interior paint, new flooring, new furnaces, and new windows. Property also features three garages. Great chance to

    Amber Owings Selling Oregon Realty

    356 Division St, Klamath Falls, OR 97601
  • /34

    $385,000

    • 1,886 Sq Ft

    2545 Darrow Ave, Klamath Falls, OR 97601

    One-of-a-kind property in the heart of Klamath Falls featuring a well-maintained 2-bedroom home plus a separate 1-bedroom apartment with kitchenette, walk-in closet, and private entry—ideal for rental income, multi-generational living, or a private guest suite. The main home offers spacious living areas, original oak floors, and granite kitchen counters. The detached shop is a dream setup with

    Amber Owings Selling Oregon Realty

    2545 Darrow Ave, Klamath Falls, OR 97601
  • /4

    $300,000

    • 1,696 Sq Ft

    3850 Madison St Unit 1 & 2, Klamath Falls, OR 97603

    Clean duplex located in the south suburbs near shopping and schools. Each unit features a single level floor plan with dining open to the living room. Separate kitchen and laundry area. 2 large bedrooms and 1 bathroom with tub shower surround and great storage space. These units also have separate yards a carport, gravel parking, and storage shed. *Appraisal on file supporting value, rents are

    Tillie Webb Infinity Real Estate Group-Keller Williams Realty Southern Oregon

    3850 Madison St Unit 1 & 2, Klamath Falls, OR 97603
  • /9

    $550,000

    • 2,620 Sq Ft

    3614 Summers Ln, Klamath Falls, OR 97603

    New Siding and freshly painted Multifamily income properties Located in an area close to schools and restaurants This property features two duplex units for a total of 4 doors! Each unit features a Living Room, Eat in Kitchen, Laundry Room, Original Built-ins that offer plenty of storage, updated bathroom and a nice sized bedroom. Plenty of parking space as well as 4 individual garages. Currently

    Laura Knight Keller Williams Realty Southern Oregon

    3614 Summers Ln, Klamath Falls, OR 97603
  • /19

    $699,000

    • 8 Beds
    • 4 Baths
    • 2,160 Sq Ft

    1209 Carlyle St, Klamath Falls, OR 97601

    Investor dream - This newly constructed (2024) quadplex in Klamath Falls, Oregon, offers a rare opportunity to own a modern multi-family property with exceptional returns. Each of the four units boasts two spacious bedrooms and top-tier amenities, including a 5-star energy rating, AC and heat pump, stainless steel appliances, in-unit stacked washer/dryer combo, smart TV, cadet heaters, electric

    Jennifer Jacobsen Ninebark Real Estate

    1209 Carlyle St, Klamath Falls, OR 97601
  • /18

    $350,000

    • 1,941 Sq Ft

    1827 Summers Ln, Klamath Falls, OR 97603

    Located in the Pleasant View Tracks on Summers Lane this unique property features two houses on a single lot. The first home is a three-bedroom,one-bath while the second is a two-bedroom one-bath. Both homes boast fenced-in yards, providing privacy and outdoor space for tenants. Recent updates include new flooring and fresh paint enhancing their appeal. Each house has its own driveway

    Colleen Welsch Advanced Agent Group

    1827 Summers Ln, Klamath Falls, OR 97603
  • /49

    $580,000

    531 N 11th St, Klamath Falls, OR 97601

    Turnkey 5-Unit Investment Opportunity!This well-maintained two-building apartment complex offers a consistent rental history and strong net income. Featuring two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters, this property is ideal for investors seeking reliable cash flow. Recently updated units, upgraded electricial panals, shared coin-operated laundry, and

    Jody Carter Windermere Real Estate Kf

    531 N 11th St, Klamath Falls, OR 97601
  • /8

    $678,000

    • 4,080 Sq Ft

    2002 California Ave, Klamath Falls, OR 97601

    Duplex! Both units have separate single-car garages and their own fenced yards. Well-kept duplexes with good tenant histories. Call today for more details!

    Anita Matys Action Realty

    2002 California Ave, Klamath Falls, OR 97601
  • /8

    $350,000

    • 2,042 Sq Ft

    3320 Quarry St, Klamath Falls, OR 97601

    WOW , This is a one of a kind piece of property. It is in town and right off of HWY 97 N. A great ..82 acres of flat land and off a paved city road. A couple of homes that could be reestablished into housing units. Carport and a HUGE COVERED STORAGE AREA. Lots of level land for other uses. Call for more information.

    Valerie Morehouse Fisher Nicholson Realty, LLC

    3320 Quarry St, Klamath Falls, OR 97601
  • /22

    $1,356,000

    • 7,840 Sq Ft

    1801 Thrall St, Klamath Falls, OR 97601

    Four Duplexes! Each unit is a 2BR/1BA unit with an attached garage for a total of 8 units. Well kept duplexes with good tenant history. Quiet location at the corner of California Ave and Thrall Street, each unit has its own fenced yard. All units have newer metal roofs. Quiet location near end of road, most homes in the area are owner occupied. Includes 2002 to 2010 California Ave.

    Anita Matys Action Realty

    1801 Thrall St, Klamath Falls, OR 97601

Why Live in Klamath Falls

Known as “Oregon’s City of Sunshine,” Klamath Falls is a small city surrounded by mountains, rivers and lakes in the Oregon countryside. And unlike much of the Pacific Northwest, it gets more than 300 days of sunshine a year. From its sleepy downtown district, residential streets fan out into the hills before giving way to deep green forests and farmland. “I love the small-town feel. It’s very rural and remote, and farming is a big part of the culture. The only time you get stuck in traffic is when there’s a tractor in the road,” says Realtor K ...

Home Trends in Klamath Falls, OR

Housing Trends

Median Sale Price
$319,000
Median Single Family Sale Price
$345,000
Median 2 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$218
Number of Homes for Sale
249
Last 12 months Home Sales
475
Months of Supply
6.30
Median List Price
$354,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
How to Buy a Home How to Finance a Home How to Sell a Home