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    1724 Crest St Klamath Falls, OR 97603

    For Sale
    $275,000

    Multi Family, Traditional - Klamath Falls, OR

    Type:Multi Family
    Lot size:
    0.53 Acres
    Days on Market:
    175
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1724 Crest St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    RM - Medium Den
    APN
    524025,87559,875591
    Parking features
    Carport, Driveway, Garage, Gated, Heated, Workshop
    Interior features
    Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Shower/Tub Combo, Spa/Hot Tub
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Lot size
    0.53 Acres

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating), Natural Gas
    Cooling system
    Heat Pump

    Building Details

    Year built
    1981
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame
    Roof type
    Composition, Metal
    Architectural style
    New Traditional

    Keller Williams (541) 608-0447

    Listing agent Dennis Hall (541) 608-0447 License #201212719

    Listing date Jun 15, 2025

    MLS# 220203914 Listing URL

    Copyright © 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Investment Opportunity in Klamath

    This property presents a notable investment opportunity, featuring a three-bedroom, two-bathroom manufactured home situated on three lots zoned for Medium Density Residential use. The 0.53-acre parcel offers the potential to construct additional units, with water, power, natural gas, and sewer services available at the property. The existing home features a split floor plan, with the master suite, including a master bath with a Jacuzzi tub, located on one side, and the additional two bedrooms and bath on the other. All bedrooms include large closets, and the home also has a living room and a formal dining area. The kitchen is equipped with a newer stainless steel Frigidaire commercial-style gas range and a new Bosch stainless steel dishwasher. An oversized two-car garage, currently utilized as a shop, includes a walk-in freezer/cooler and an additional large freezer. An attached carport is located alongside the garage. The home is accessed via an enclosed front porch, and the large yard is fully enclosed with cyclone fencing. The property also includes three storage buildings at the back.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.744521
    Latitude
    42.212239

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    FAQs

    What type of property is this?
    Multifamily property - Manufactured home on 3 lots with development potential.
    Where is this multifamily property located?
    The property is located at 1724 Crest St Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - RM Zoning allows for building additional units on the .53 acre lot.; - Utilities (water, power, natural gas, sewer) are available at the property.; - Newer stainless steel Frigidaire commercial style gas range and new Bosch stainless steel dishwasher.
    (541) 608-0447
    Request Owner's contact information
    1724 Crest St Klamath Falls, OR 97603
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    Klamath Falls, OR 97603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1724 Crest St Klamath Falls, OR 97603
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