$289,000
1313 Owens
Klamath Falls, OR 97601 · Mills
Active0 days on market$120/sqft
About this home
Bring your imagination & customize this unique property to fit your needs! Endless possibilities. This building would accommodate most any event. The owners have rented for years hosting Birthdays, Bridal & Baby Showers, Anniversary's, Retirement Parties, you name it! It is also being used for church services. A day care facility was also here in the past. The great room features vaulted ceilings with a stage, dry bar with storage, conference room, 2 bathrooms, 3 mini split heat & AC units. This property also has an attached living quarters with 2 bedrooms, 2 half baths & a full bath with washer/dryer included. The open floor plan & vaulted ceilings make the space very inviting. Large kitchen equipped with newer appliances, counters & cabinetry with breakfast bar. Fenced back alley area, street parking, plus a paved parking lot with 8-10 parking stalls. Zoned residential, but surrounded by commercial. Buyer to do their due diligence for uses.
Listing courtesy of Infinity Real Estate Group-Keller Williams Realty Southern Oregon, agent Tillie Webb
Data last updated June 29, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $231,000 · $58,000 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 $1,450 ($1,225–$1,675) · starting estimate. Edit to your own number.
At $289,000 with 20% down, this property runs $719 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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