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    2105 Holly Ave Klamath Falls, OR 97601

    For Sale
    $789,000

    Multi Family, Other - Klamath Falls, OR

    Type:Multi Family
    Lot size:
    0.05 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 2105 Holly Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    NC
    APN
    416632
    Parking features
    Garage, On Street
    Lot size
    0.05 Acres

    Utilities

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

    Building Details

    Year built
    1977
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame
    Roof type
    Membrane
    Architectural style
    Other

    Sellers Realty (541) 274-9153

    Listing agent Alan B Pfeiffer (541) 274-9153 License #201106041

    Listing date Oct 7, 2025

    MLS# 220209698 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

    Klamath Falls Eight-Unit Apartment Building

    Located in Klamath Falls, Oregon, 2105 thru 2113 Holly Ave is an eight-unit apartment building. The property features geothermal heating and hot water. The building comprises six one-bedroom, one-bath units and two two-bedroom, one-bath units. The downstairs level has three rented units and one unit currently undergoing turnover. All current tenants have resided in the building for three or more years. The upstairs units are vacant and have been partially updated, presenting a value-add opportunity. The building has updated power meter boxes and subpanels in the units, a Duralast roof, and vinyl windows throughout. The property includes a garage with a garage door opener, also with geothermal heat. The property consists of two lots and provides off-street parking for the downstairs units. The property is zoned NC. The building is near downtown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -121.769965
    Latitude
    42.227267

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    FAQs

    What type of property is this?
    Apartment building - Centrally located Klamath Falls 8-plex with geothermal heat and value-add potential.
    Where is this apartment building located?
    The property is located at 2105 Holly Ave Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: - Established income-producing 8-unit apartment building in a central downtown location.; - Geothermal heating and hot water system resulting in low heating costs.; - Value-add opportunity with vacant upstairs units undergoing updates.
    (541) 274-9153
    Request Owner's contact information
    2105 Holly Ave 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

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    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
    2105 Holly Ave Klamath Falls, OR 97601
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