• Fireplace
Listing courtesy of Windermere Real Estate Kf, agent Jody Carter
Data last updated June 2, 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.
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. A real number comes from a lender.
Loan amount $436,000 · $109,000 down · 30 year term
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.
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