$230,000
3911 Altamont
Klamath Falls, OR 97603 · Altamont Acres
Active0 days on market$288/sqft
Facts
Property details
Overview
Listing courtesy of Fisher Nicholson Realty, LLC, agent Nicole Schmerbach
Data last updated June 22, 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.
Investment Opportunity on 0.98 Acres in Town! 2 residences on a spacious lot, offering excellent income-producing potential or multi-generational living possibilities. The main home is a 978 sq. ft., 2-bedroom, 1-bathroom residence with a durable metal roof and plenty of opportunity for improvements. The second dwelling is a 1983 Liberty manufactured home featuring 3 bedrooms, 2 bathrooms, and separate utilities. With nearly an acre of land, there is ample room for gardening, storage, recreation, or future improvements. The property's size, dual residences, and convenient location create a rare opportunity for investors seeking value and potential. Cash sale only. The main home does not have a foundation. Buyers are encouraged to perform their own due diligence. Don't miss this opportunity to own a versatile property with multiple living spaces and significant upside potential.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $184,000 · $46,000 down · 30 year term
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.
Estimate $1,150 ($975–$1,325) · starting estimate. Edit to your own number.
At $230,000 with 25% down, this property runs $515 per month negative. Adjust the price, down payment, or rent to find what works.
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.
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 reportWe 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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