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    1929 Erie St Klamath Falls, OR 97601

    Pending
    For Sale
    $450,000

    F - Klamath Falls, OR

    Lot size:
    0.22 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 1929 Erie St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    SF
    APN
    373633
    Parking
    5
    Parking features
    On Street, Parking Lot
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Geothermal (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Floors in Building
    1
    Flooring type
    Wood
    Roof type
    Composition
    Architectural style
    Other

    Keller Williams (541) 608-0447

    Listing agent Liz Puffenbarger (541) 608-0447 License #201236059

    Listing date Nov 19, 2025

    MLS# 220212165 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

    Income-Producing 5-Plex in Klamath Falls

    This income-producing 5-plex is located in the Hot Springs area. The well-maintained property features five 1-bedroom, 1-bath units with geothermal heating. This offers year-round comfort and reduced utility expenses. The property also includes two garages, an on-site laundry room, and three additional storage rooms. The lot size is 0.22 acres. The zoning is SF. Square footage is per assessor's map and does not include garage area. The property is located in Klamath Falls, Oregon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.770979
    Latitude
    42.231728

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit property with geothermal heating and on-site laundry.
    Where is this apartment building located?
    The property is located at 1929 Erie St Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Income-producing 5-plex in a desirable location.; - Geothermal heating provides year-round comfort and reduced utility expenses.; - Five 1-bedroom, 1-bath units.
    (541) 608-0447
    Request Owner's contact information
    1929 Erie St Klamath Falls, OR 97601
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    Klamath Falls, OR 97601
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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
    1929 Erie St Klamath Falls, OR 97601
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