Address
526 N 9th Street 526 And 528, Klamath Falls, OR
Price
$ 260,000
Property Attributes
  • MLS#220220749
  • TypeMulti-Family
  • Listing Status Active
  • CountyKlamath
  • CityKlamath Falls
  • AreaNot Applicable
  • NeighborhoodKlamath Falls -Nichols Addition
  • Zip97601
  • StyleCraftsman
  • Year Built1920
  • Taxes$ 1731
  • Price$ 260,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1280
  • Lot Size0.09 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description

Great opportunity to acquire a turnkey Klamath Falls residential duplex as an excellent investment for someone looking to secure an income-generating asset with potential for growth. Long term rental history with great tenants in place. Klamath Falls is a strong rental market with low vacancies and increasing rents suggest stable and potentially lucrative rental market. Conveniently located close to downtown shopping, restaurants, and major employers including Oregon Institute of Technology (OIT), Sky Lakes Hospital, and Kinsley Field. *Listing agent is related to seller

Elementary School Middle School High School
Joseph Conger Elem Elementary School Ponderosa Middle Middle School Klamath Union High School High School
Price History
5/6/2026 Listed $275,000
5/21/2026 2$270,000
6/9/2026 4$260,000

General Features

Sewer Public Sewer
Heating Baseboard,Electric
Cooling Wall/Window Unit(s)
Roof Composition
Appliances Disposal,Dryer,Range,Range Hood,Refrigerator,Washer,Water Heater
Architectural Style Craftsman
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Block,Frame
Year Built 1920
Levels Two
Unit Number 526 and 528
Property Subtype Duplex
Tax Year 2024
Gross Income 22500
County Klamath
Net Operating Income 18444
Operating Expense 4056
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Klamath Falls -Nichols Addition
Status Active
High School Klamath Union High School
City Klamath Falls
Zoning Description A
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3920.4
Elementary School Joseph Conger Elem
Tax Annual Amount 1731.09
Middle/Junior High School Ponderosa Middle
Additional Parcels Y/N false
Structure Type House
Standard Status Active
Tax Lot 8
Cap Rate 6.7
Sewer_co_Public_sp_Sewer true
Utilities_co_Cable_sp_Available true
Utilities_co_Electricity_sp_Available true

Interior Features

Interior Amenities Dual Flush Toilet(s),Laminate Counters,Walk-In Closet(s)
Flooring Laminate,Tile
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Vinyl Frames
Heating-Baseboard true

Exterior Features

Parking Features Alley Access,Driveway,No Garage,Shared Driveway
Lot Features Level
Water Source Public
Inclusions Refrigerator, washer/dryer
Lot Size Area 0.09
Foundation Details Block
Building Area Total 1280
Lot Size Acres 0.09
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97601

Price
AVG $680K
$260K
Taxes
AVG $1,176
$1,731
Year Built
AVG 1964
1920