4429 Shasta Way Klamath Falls, OR 97603
Estimated payment $2,605/month
Highlights
- RV Access or Parking
- Deck
- Engineered Wood Flooring
- Open Floorplan
- Traditional Architecture
- Corner Lot
About This Home
Rare Opportunity-Versatile Triple-Income Property in Prime Location! Centrally located near medical facilities, shopping, & dining, this unique property offers exceptional flexibility & investment potential. Featuring 3 renovated 1-BR, 1-BA units, this is an ideal setup for multi-generational living, short or long-term rentals, or a live-work arrangement. Front building, formerly a retail space, has been thoughtfully converted into 2 stylish apt. units. The rear cottage can serve as a private residence, 3rd rental unit, or on-site housing for a business owner. Currently operated as upscale temporary housing for business travelers, the property has also functioned successfully as an Airbnb catering to tourists visiting the area's attractions. Units features: Private entrance, Full kitchen, Living & dining, BR & BA, In-unit washer/dryer, Full-size refrigerator, microwave, 2 units include dishwashers and workspace. Guests enjoy yard w/ common & separate areas, creating relaxing retreat.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,166
Year Built
- Built in 1925
Lot Details
- 0.33 Acre Lot
- 1 Common Wall
- Fenced
- Landscaped
- Corner Lot
- Level Lot
- Backyard Sprinklers
- Sprinklers on Timer
Home Design
- Triplex
- Traditional Architecture
- Bungalow
- Frame Construction
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Awning
- Neighborhood Views
Kitchen
- Oven
- Cooktop
- Microwave
- Solid Surface Countertops
Flooring
- Engineered Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- In-Law or Guest Suite
- Bathtub with Shower
- Bathtub Includes Tile Surround
Laundry
- Dryer
- Washer
Home Security
- Smart Lights or Controls
- Surveillance System
- Smart Locks
- Fire and Smoke Detector
Parking
- On-Street Parking
- Parking Lot
- RV Access or Parking
Outdoor Features
- Courtyard
- Deck
- Covered Patio or Porch
- Shed
- Storage Shed
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
- Water Purifier
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
- New Deal Tracts Subdivision
Listing and Financial Details
- Tax Lot 35
- Assessor Parcel Number 448199
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,100 | $174,160 | -- | -- |
| 2024 | $1,166 | $93,970 | -- | -- |
| 2023 | $1,116 | $93,970 | $0 | $0 |
| 2022 | $1,099 | $88,590 | $0 | $0 |
| 2021 | $1,053 | $86,010 | $0 | $0 |
| 2020 | $1,038 | $83,510 | $0 | $0 |
| 2019 | $1,014 | $81,080 | $0 | $0 |
| 2018 | $1,016 | $81,080 | $0 | $0 |
| 2017 | $983 | $78,720 | $0 | $0 |
| 2016 | $957 | $76,430 | $0 | $0 |
| 2015 | $1,395 | $74,210 | $0 | $0 |
| 2014 | -- | $72,050 | $0 | $0 |
| 2013 | -- | $69,960 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $475,000 | -- | $187 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | $84,000 | None Available |
Source: Oregon Datashare
MLS Number: 220206225
APN: R448199
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