Rare Opportunity-Versatile Triple-Income Property in Prime Location! Centrally located near medical facilities, shopping, & dining, this unique property offers exceptional flexibility & investment potential. Featuring 3 renovated 1-BR, 1-BA units, this is an ideal setup for multi-generational living, short or long-term rentals, or a live-work arrangement. Front building, formerly a retail space, has been thoughtfully converted into 2 stylish apt. units. The rear cottage can serve as a private residence, 3rd rental unit, or on-site housing for a business owner. Currently operated as upscale temporary housing for business travelers, the property has also functioned successfully as an Airbnb catering to tourists visiting the area's attractions. Units features: Private entrance, Full kitchen, Living & dining, BR & BA, In-unit washer/dryer, Full-size refrigerator, microwave, 2 units include dishwashers and workspace. Guests enjoy yard w/ common & separate areas, creating relaxing retreat.
Active
$475,000
4429 Shasta Way, Klamath Falls, OR 97603
3beds
0baths
2,540sqft
Est.:
Triplex, Multi Family
Built in 1925
-- sqft lot
$459,800 Zestimate®
$187/sqft
$-- HOA
What's special
Living and diningPrivate residencePrivate entranceFull kitchenFull-size refrigeratorBr and ba
- 18 days
- on Zillow |
- 220 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 01:58pm
Listed by:
eXp Realty LLC. 888-814-9613
Source: Oregon Datashare,MLS#: 220206225

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
- Full bathrooms: 2
Heating
- Electric, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Cooktop, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater, Water Purifier
Features
- Smart Lock(s), Smart Light(s), Ceiling Fan(s), Fiberglass Stall Shower, In-Law Floorplan, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Tile Shower
- Flooring: Simulated Wood, Tile, Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,540
- Total interior livable area: 2,540 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street, RV Access/Parking, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Awning(s), Covered, Side Porch, Deck, Patio
- Exterior features: Courtyard, RV Dump, RV Hookup
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.33 Acres
- Features: Corner Lot, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Rear
Details
- Additional structures: Shed(s), Storage
- Parcel number: 448199
- Zoning description: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Triplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: New Deal Tracts
HOA
- Has HOA: No
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $187/sqft
- Annual tax amount: $1,166
- Date on market: 7/21/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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