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    Klamath Falls, OR Apartment Buildings for Sale

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    Keno, OR Dairy, OR Bonanza, OR Merrill, OR Dorris, CA Tulelake, CA Macdoel, CA Sprague River, OR
    Mixed-Use Building with Retail and Apartments
    Updated: Jan 16
    Mixed-Use Building with Retail and Apartments

    917 E Main Street, Klamath Falls, OR 97601

    $645,000
    12,742 sqft 0.40 AC lot
    17,424 SF lot with a 12,742 SF mixed‑use building featuring four ground‑level commercial units and eight residential apartments
    Corner lot with ample on‑site parking plus additional on‑street parking
    Commercial units include immediate improvement potential via clean‑up and cosmetic updates (buyer to verify impacts on rents)
    Residential portion totals 8 apartments; Interior features include evaporative cooling
    Roof is membrane; flooring includes vinyl, concrete, and carpet
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    Mixed-Use Income Property
    Updated: Apr 30, 2025
    Mixed-Use Income Property

    917-925 E Main Street, Klamath Falls, OR 97601

    Contact for pricing
    12,742 sqft 0.40 AC lot
    Mixed‑use building on a 17,424 SF lot with 12,742 SF total commercial and residential space
    Configured with four ground‑level commercial/retail units and eight second‑floor residential apartments
    Ample on‑site parking
    Currently leased: seven residential units and one commercial space generating $126,408 annual income
    Operating cap rate of 4.35%; pro forma projection of 8.96% at full occupancy
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Klamath Falls, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Garden Apartment Community
    16-Unit Garden Apartment Community

    130 S Main Street, Phoenix, OR 97535

    $1,695,000
    10,080 sqft 1.18 AC lot

    Historic garden-style apartments with renovated systems, landscaped shared spaces, and a mix of one- and two-bedroom residences.

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    16-Unit Garden Apartment Community
    16-Unit Garden Apartment Community

    130 S Main Street, Phoenix, OR 97535

    $1,695,000
    10,080 sqft 1.18 AC lot

    Historic apartment community with landscaped shared grounds, upgraded building systems, and balanced one- and two-bedroom layouts.

    View details
    Craftsman Multifamily Property
    Craftsman Multifamily Property

    240 Grant Street, Ashland, OR 97520

    $965,000
    11,208 sqft 0.03 AC lot

    Craftsman-style multifamily asset with in-unit laundry, assigned parking, and landscaped common areas.

    View details
    Craftsman Apartment Building
    Craftsman Apartment Building

    230 Grant Street, Ashland, OR 97520

    $2,250,000
    11,208 sqft

    Ashland multifamily property with two-bedroom layouts, private outdoor areas, assigned parking, and in-unit laundry.

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    Off-Market Properties in Klamath Falls, OR

    Consider similar Off-Market properties in Klamath Falls, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    801 Jefferson St
    Churches & religious facilities

    801 Jefferson St, Klamath Falls, OR 97601

    Value Estimation by Request
    9,799 sqft 0.49 AC lot
    View details

    Klamath Falls, OR Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Klamath Falls, OR on our real estate platform. These investment opportunities span a total of 25,484 square feet of properties for sale, with an estimated market value of $645,000.

    Sale prices for two-family homes in Klamath Falls, OR average $645,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 55K
    Population Growth (5Y) -14.6%
    Median Household Income $59,947
    College Educated 32.8%

    High-Yield Neighborhoods for Investment

    Identify Klamath Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97601 $867.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.43%
    Property Tax per SF $19.62 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Klamath County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Klamath County

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