$252,000
223 Mortimer
Klamath Falls, OR 97601
Active0 days on market$211/sqft
About this home
Description
This well maintained charming 3 bedroom 2 full bath home is move in ready! Driveway parking on this quiet one way street. It's open concept living space with the living area flowing into the kitchen makes it easier for gatherings. The Main bedroom offers its own full bathroom and a walk in closet. Modern fixtures and finishes throughout. Separated laundry room with door. Home has a good sized backyard with endless possibilities. Shed in the backyard will come with purchase.
Facts
Property details
Overview
- Bedrooms
- 3
- Bathrooms
- 2.0
- Living area
- 1,192 sq ft
- Property type
- Single Family Residence
- Year built
- 1930
- Property age
- 96 years
- Style
Virtual tour
Explore this home in 3D
Listing courtesy of Fisher Nicholson Realty, LLC, agent Caren Lawton
Data last updated June 26, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Education
Schools
Elementary
Mills Elem
Middle
Ponderosa Middle
High
Klamath Union High School
Estimate
Monthly payment
A rough estimate, not a quote. A real number comes from a lender.
Principal + interest$1,341/mo
Property taxes$110/mo
Homeowners insurance$70/mo
Total monthly (PITI)$1,522
Loan amount $202,000 · $50,000 down · 30 year term
For investors
Rental analysis
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Purchase & financing
$
$
20% · $50,400
%
Income
$
Estimate $1,250 ($1,075–$1,450) · starting estimate. Edit to your own number.
%
Operating expenses
$
$
%
%
%
$
Cash flow
-$606/mo
Cap rate
3.5%
Cash on cash
-14.4%
Cash needed
$50,400
At $252,000 with 20% down, this property runs $606 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
Gross rent$1,250
Vacancy (5%)- $63
Operating income$1,188
Operating expenses- $452
Net operating income$736
Loan payment- $1,341
Cash flow-$606
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Location
Where this home sits
Climate
Climate risk
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportInvestment
Vacation rental
We compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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