J
Seller's Agent in 2025
Jennifer Jacobsen
Ninebark Real Estate
(541) 419-5788
116 Total Sales
1209 Carlyle St Klamath Falls, OR 97601
8
Beds
4
Baths
2,160
Sq Ft
5,662
Sq Ft Lot
Highlights
- Corner Lot
- Attached Garage
- Lap Siding
- No HOA
- Cooling Available
- Heat Pump System
About This Home
As of July 2025Investor 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. Don’t miss your chance to own one of the few new-build quadplexes in the area—modern finishes, strong cash flow, and a prime location make this an ideal investment!
Last Agent to Sell the Property
Ninebark Real Estate License #201231379 Listed on: 04/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $191
Year Built
- Built in 2024
Lot Details
- 5,662 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Stem Wall Foundation
- Composition Roof
- Lap Siding
- Metal Siding
Interior Spaces
- 2,160 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Attached Garage
- Assigned Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Rent includes trashcollection
- Assessor Parcel Number 895013
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Operating Expense $9,583
- Gross Income $67,200
- Net Operating Income $57,617
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
307.18%
Original Mortgage
$528,000
Outstanding Balance
$528,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$180,000
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
$528,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$180,000
Purchase Details
Closed on
May 9, 2023
Sold by
Schubert Andrew
Bought by
L And L Real Estate Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,979
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2022
Sold by
Mock Aaron
Bought by
Schubert Andrew
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | First American Title | |
| Bargain Sale Deed | -- | First American Title | |
| Warranty Deed | $660,000 | Western Title | |
| Warranty Deed | $660,000 | Western Title | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Warranty Deed | $23,500 | Amerititle |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $528,000 | New Conventional | |
| Closed | $528,000 | New Conventional | |
| Previous Owner | $525,000 | New Conventional | |
| Previous Owner | $286,979 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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
-
-
S
Buyer's Agent in 2025
Suzanne Moore
Realty One Group Discovery
(541) 645-0244
90 Total Sales
-
S
Buyer Co-Listing Agent in 2025
Sarah Lynch Willis
Realty One Group Discovery
(503) 739-5006
79 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 463577623
APN: R895013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Nearby Homes
- 1726 Lexington Ave
- NKA Shelley St
- 1812 Worden Ave
- 1642 Crescent Ave
- 1443 Worden Ave
- 1530 Crescent Ave
- 1807 Crescent Ave
- 1801 Last St
- 0 Crescent Ave Unit Lot 7 220206665
- 1624 Portland St
- 1667 Portland St Unit 1 & 2
- 727 Roseway Dr
- 1828 Oregon Ave
- 1304 Worden Ave Unit A,B,&C
- 1944 Academy Ave Unit 3&4
- 1125 Grant St
- 1981 Harriman Ave
- 1430 Lookout Ave
- 1420 Lookout Ave
- 1859 Leroy St