NOT LISTED FOR SALE

1209 Carlyle St Klamath Falls, OR 97601

Estimated Value: $740,000

8 Beds
4 Baths
2,160 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 11, 2025

Last sale price $660,000 $306 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,928/month

69 Days on Market

Highlights

  • Ridge View
  • Northwest Architecture
  • Solid Surface Countertops
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of July 2025

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 fireplaces, and water-resistant flooring. The property is designed for low-maintenance ownership, featuring durable landscaping, and a large front deck. All units include off-street covered parking and are separately metered for water and electric. The units are fully leased with 12-month contracts. This brand-new 2024 build generates $5,600 in monthly rental revenue.

Perfectly located just minutes from downtown Klamath Falls, shopping, Oregon Institute of Technology, and Sky Lakes Medical Center, this quadplex is highly desirable to tenants and a standout investment.

Last Agent to Sell the Property

Jennifer Jacobsen

Ninebark Real Estate License #201231379 Listed on: 04/02/2025

Last Buyer's Agent

Suzanne Moore

Realty One Group Discovery License #201209397

Realty One Group Discovery

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 2024

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Property Views

  • Ridge
  • Neighborhood

Home Design

  • Quadruplex
  • Northwest Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

  • Smart Lights or Controls
  • Smart Locks
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Driveway
  • On-Street Parking
  • Assigned Parking

Schools

  • Klamath Falls City Schools Elementary School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Heat Pump System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Deck

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Legal Lot and Block 11 / 32
  • Assessor Parcel Number 895013

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by L & L Real Estate Development LLC
  • Klamath Falls Fairview Addition No. 2 Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$191

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: One
  • Lot Size Acres: 0.13
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Klamath Falls -Fairview Addition No. 2
  • Year Built: 2024
  • Co List Office Phone: 541-728-3009
  • Outside Inclusions: Kitchen Appliances - including fridge, Washer/Dryer
  • MLS Status: Closed
  • General Property Information Elementary School: Klamath Falls City Schools
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: MD
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 11
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 32
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • View Ridge: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Gas
  • Flooring: Laminate
  • Interior Amenities: Smart Lock(s), Smart Light(s), Ceiling Fan(s), Solid Surface Counters, Vaulted Ceiling(s)
  • Window Features: ENERGY STAR Qualified Windows, Vinyl Frames
  • Fireplace: Yes
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features Smart Locks: Yes
  • Interior Features Smart Light(s): Yes

Exterior Features

  • Builder Name: L & L Real Estate Development LLC
  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Level
  • Roof: Composition
  • View: Neighborhood, Ridge
  • Exclusions: Tenant personal property
  • Patio And Porch Features: Deck
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:ENERGY STAR Qualified Windows: Yes
  • Patio and Porch Features Deck3: Yes

Garage/Parking

  • Parking Features: Assigned, Attached Carport, Concrete, Driveway, On Street
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Attached Carport: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Heat Pump
  • Heating: ENERGY STAR Qualified Equipment, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Klamath Falls City Schools
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 895013
  • ResoLotSizeUnits: Acres
  • Zoning Description: MD

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 190.68
  • Tax Block: 32
  • Tax Lot: 11
  • Tax Map Number: 3809-029AC-10703
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Jul 18, 2025
Sold by
Stevens Ann and Stevens Justin
Bought by
1209 Llc
Seller's Agent
Jennifer Jacobsen
Ninebark Real Estate
Buyer's Agent
Suzanne Moore
Realty One Group Discovery
List Price
$715,000
Sold Price
$660,000
Premium/Discount to List
-$55,000
-7.69%
Views
22
Current Estimated Value
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,000
Original Mortgage
$528,000
Outstanding Balance
$527,113
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2025
Closed on
Jul 3, 2025
Sold by
L & L Real Estate Development Llc
Bought by
Stevens Ann and Stevens Justin
Seller's Agent
Jennifer Jacobsen
Ninebark Real Estate
Buyer's Agent
Suzanne Moore
Realty One Group Discovery
List Price
$715,000
Sold Price
$660,000
Premium/Discount to List
-$55,000
-7.69%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$527,113
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2023
Sold by
Schubert Andrew
Bought by
L And L Real Estate Development Llc

Purchase Details

Closed on
Oct 20, 2022
Sold by
Mock Aaron
Bought by
Schubert Andrew
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1209 Llc -- First American Title
1209 Llc -- First American Title
Stevens Ann $660,000 Western Title
Stevens Ann $660,000 Western Title
L And L Real Estate Development Llc -- None Listed On Document
Schubert Andrew $23,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Ann $528,000
Closed Stevens Ann $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Sold $660,000 -5.6% $306 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/17/2025 05/17/25 Price Changed $699,000 -2.2% $324 / Sq Ft
04/02/2025 04/02/25 For Sale $715,000 -- $331 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $191 $11,070 $11,070 --
2023 $183 $11,070 $11,070 $0
2022 $180 $10,440 $0 $0
2021 $155 $10,100 $0 $0
2020 $141 $9,100 $0 $0
2019 $141 $9,100 $0 $0
2018 $175 $10,140 $0 $0
2017 $170 $9,850 $0 $0
2016 $165 $9,570 $0 $0
2015 $128 $9,200 $0 $0
2014 $128 $8,900 $0 $0
2013 -- $8,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jennifer Jacobsen

    Ninebark Real Estate

    (541) 419-5788

    114 Total Sales

    Jennifer Jacobsen
    Section Image

  • S

    Buyer's Agent in 2025

    Suzanne Moore

    Realty One Group Discovery

    (541) 645-0244

    99 Total Sales

    Suzanne Moore
    Section Image

  • S

    Buyer Co-Listing Agent in 2025

    Sarah Lynch Willis

    Realty One Group Discovery

    (503) 739-5006

    89 Total Sales

    Sarah Lynch Willis
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220198629

Oregon Datashare

APN: R895013

Oregon Klamath County Klamath Falls 97601

1209 Carlyle St, Klamath Falls, OR

This home is located at 1209 Carlyle St, Klamath Falls, OR 97601 since 02 April 2025 and is currently priced at $740,000, approximately $342 per square foot. This property was built in 2024. 1209 Carlyle St is a home located in Klamath County with nearby schools including Roosevelt Elementary School, Ponderosa Middle School, and Klamath Union High School.

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