Three-Level Live-Work
1146 Pine Street Klamath Falls, OR 97601
1146 Pine Street, Klamath Falls, OR, 97601
$375,000
For Sale
$375,000
MULTI_FAMILY - Klamath Falls, OR
Property Size2,737 SF
Lot Size0.11 Acres
Price / SF$137.01
Days on Market358
Property Features for 1146 Pine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Alley, On Street, Parking Lot, Carport
- Interior features
- Shower/Tub Combo, Solid Surface Counters, Tile Counters
- Basement
- Daylight, Finished
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Cooktop, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 371243
- Size
- 2,737 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2393
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Carpet
- Building materials
- Frame
- Roof type
- Metal
Listing agency
Fisher Nicholson Realty, LLC
(541) 884-1717
Listed by
Danae Lasalle · License #201235890
(541) 880-8228
Added: Jul 29, 2025 Updated: Jul 18 at 1:54AM Checked: Jul 21 at 11:06AM
MLS# 220206707
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-level, multi-use building is zoned for commercial use with residential use options and offers two separate units. The property includes three full kitchens, supporting flexible living, rental, or business operations. An ADA-accessible ramp provides access to the main entrance.
Located at 1146 Pine Street in Klamath Falls, OR, the building benefits from convenient on-street parking. Additional parking is available in a large private lot in the back. The mid-level was previously used for commercial food preparation.
With its character and multi-level layout, the property is designed to accommodate different day-to-day uses while keeping the residential components separate into two units.
Located at 1146 Pine Street in Klamath Falls, OR, the building benefits from convenient on-street parking. Additional parking is available in a large private lot in the back. The mid-level was previously used for commercial food preparation.
With its character and multi-level layout, the property is designed to accommodate different day-to-day uses while keeping the residential components separate into two units.
Key Highlights
- Three‑level building with commercial zoning and residential use, with two separate units and three full kitchens
- ADA‑accessible ramp to the main entrance, with an accessible approach including a ramp
- Public utilities: public water and public sewer
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.0k | $16.80 |
| − Vacancy | −$9.2k | −$3.36 |
| EGI | $36.8k | $13.44 |
| − OpEx | −$9.2k | −$3.36 |
| NOI | $27.6k | $10.08 |
2,737 SF · lease $16.80/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$394.1K
$344.9K – $459.8K
NOI $27,589 @ 7.0% cap · market cap 7.36%
Second Best
Mixed Use
$354.5K
$310.2K – $413.6K
NOI $24,818 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$559.4K
$489.5K – $652.7K
NOI $39,161 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sanctioned Love
Association / Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Three-level building with two units, three full kitchens, and an ADA-accessible main entrance ramp.
Where is this duplex located?
The property is located at 1146 Pine Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three‑level building with commercial zoning and residential use, with two separate units and three full kitchens; ADA‑accessible ramp to the main entrance, with an accessible approach including a ramp; Public utilities: public water and public sewer
