$545,000
Outside our home market
Ryan Realty works Central Oregon. Our brokers live in Bend and cover the towns around it, from Redmond and Sisters to Sunriver and La Pine. Klamath Falls is outside that area. Our MLS feed is statewide, so this home and its price are live and current — what we cannot tell you is which street in Klamath Falls is the one to buy on.
A broker who works Klamath Falls every day will know it better than we do. Tell us what you need and we will introduce you to one we would use ourselves. No cost, no obligation.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Turnkey 5-Unit Investment Opportunity! This well-maintained two-building apartment complex offers a consistent rental history and strong net income. The property features two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters--ideal for investors seeking reliable cash flow. Recent improvements include updated units and upgraded electrical panels, along with a shared coin-operated laundry and four garage parking spaces.
Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand.
2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.
A rough estimate, not a quote. Loan amount $436,000 · $109,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
Every active and pending listing of every property type on the regional MLS through Oregon Data Share in Klamath Falls. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. 40 of the 827 sit beyond the frame's edges: counted in every figure, not drawn. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
| Date | Event | Price |
|---|---|---|
| Mar 16, 2026 | Listed | $545,000 |
| Year | Tax |
|---|---|
| 2025 | $3,758 |
Tax as filed on the listing. Klamath County. Parcel 369808.
What to do about this house
Tour requests usually get a same-day reply.
“Fantastic professional service. Goes the extra mile to cover the needs of his customers. Always prompt with replies and providing up to date…”Paul Robinson
Listing courtesy of Windermere Real Estate Kf, agent Jody Carter, 541-885-4400
Data last updated September 20, 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.
0.14 acres on the county assessor's map, tax lot 369808. Klamath County GIS.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.