Active
  • $425,000

    114 S Williams Ave, Klamath Falls, OR 97601

    8beds
    0baths
    4,682sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $416,700 Zestimate®
    $91/sqft
    $-- HOA

    What's special

    Exceptional investment in the heart of Klamath Falls - two income-producing properties on one lot, both fully occupied and professionally managed. Includes a spacious 3,808 SF duplex built in 1980, each unit offering 3 bedrooms, 1.5 baths, and generous living space, plus an 874 SF single-family home built in 1980 with 2 bedrooms and 1.5 baths. Current combined rent is $3,300/month with conservative market potential of $4,800/month as leases renew, creating strong upside. Both buildings feature reliable geothermal heating and composite roofs in excellent condition. Situated on a level city lot with separate addresses, close to schools, shopping, and major employers, ensuring steady demand. Ideal for investors seeking immediate cash flow, low-maintenance systems, management in place, and room for future rent growth. Perfect for portfolio expansion, a 1031 exchange, or a turnkey rental package in a stable, appreciating market.
    52 days
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    305
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    24
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