42 Pine Street Klamath Falls, OR 97601
MULTI_FAMILY - Other - Klamath Falls, OR
Property Features for 42 Pine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Assigned, Driveway, On Street
- Window features
- Aluminum Frames
- Interior features
- Built-in Features, Ceiling Fan(s), Laminate Counters, Linen Closet, Shower/Tub Combo
- Exterior features
- Courtyard
- Fireplace
- 1
- Basement
- Finished, Daylight, Full, Exterior Entry
- Appliances
- Range, Range Hood, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 611163
- Size
- 2,603 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2349
Utilities
- Sewer type
- Public Sewer
- Heating system
- Fireplace(s), Baseboard
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Laminate, Vinyl
- Building materials
- Brick, Concrete, Frame
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Jill C Russel License #201003004 (541) 331-4060
Listing office eXp Realty LLC. 4800 Meadows Rd. #300, Lake Oswego, OR (888) 814-9613
Listing date May 18, 2026
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.
Key Highlights
- Triplex plus detached 1‑bedroom, 1‑bath ADU: two 2‑bedroom, 1‑bath units and a separate ADU at 124 Ewauna
- Upper unit at 42 Pine Street: 2 bedrooms and 1 bath with laminate and vinyl flooring, plus kitchen, dining, and living areas
- Lower unit at 120 Ewauna was recently refreshed with new flooring, counters, sink, and a gas fireplace
Local Financial Insights For Multifamily LT 5
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 | $33.1k | $12.72 |
| − Vacancy | −$2.8k | −$1.08 |
| EGI | $30.3k | $11.64 |
| − OpEx | −$9.1k | −$3.49 |
| NOI | $21.2k | $8.15 |
