Craftsman Residential
526 N 9th Street Klamath Falls, OR 97601
526 N 9th Street, Klamath Falls, OR, 97601
$260,000
For Sale
$260,000
MULTI_FAMILY - Craftsman - Klamath Falls, OR
Property Size1,280 SF
Lot Size0.09 Acres
Price / SF$203.13
Days on Market78
Property Features for 526 N 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Alley, Driveway
- Window features
- Vinyl Frames
- Interior features
- Dual Flush Toilet(s), Laminate Counters, Walk-In Closet(s)
- Appliances
- Disposal, Dryer, Range, Range Hood, Refrigerator, Washer, Water Heater
- Standard status
- Active
- APN
- 369568
- Size
- 1,280 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1731
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Laminate
- Building materials
- Block, Frame
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agency
Keller Williams Realty Central Oregon
(541) 585-3760
Listed by
Heather MacDowall · License #201219247
(541) 699-8107
Added: May 6 Updated: Jul 18 at 1:54AM Checked: Jul 22 at 12:06PM
MLS# 220220749
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 craftsman-style residential duplex is offered for sale as a two-unit property. The building provides a straightforward layout for separate household living arrangements, situated on a small lot totaling 0.09 acres. Total property size is listed at 1,280 square feet.
The property is located at 526 N 9th Street in Klamath Falls, Oregon (97601). It is described as convenient to downtown shopping and restaurants, with proximity to Oregon Institute of Technology (OIT), Sky Lakes Hospital, and Kinsley Field.
For buyers seeking a manageable residential income asset, a duplex can offer operational simplicity compared to larger multifamily properties while still providing two separate rental spaces. With its established residential configuration and location near local employers and daily conveniences, the property may fit investors or owner-operators looking for a residential two-unit hold in the Klamath Falls market.
The property is located at 526 N 9th Street in Klamath Falls, Oregon (97601). It is described as convenient to downtown shopping and restaurants, with proximity to Oregon Institute of Technology (OIT), Sky Lakes Hospital, and Kinsley Field.
For buyers seeking a manageable residential income asset, a duplex can offer operational simplicity compared to larger multifamily properties while still providing two separate rental spaces. With its established residential configuration and location near local employers and daily conveniences, the property may fit investors or owner-operators looking for a residential two-unit hold in the Klamath Falls market.
Key Highlights
- Duplex built in 1920 with Craftsman style architecture
- Interior includes laminate counters and walk‑in closets
- Tile and laminate flooring throughout
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 | $16.3k | $12.72 |
| − Vacancy | −$1.4k | −$1.08 |
| EGI | $14.9k | $11.64 |
| − OpEx | −$4.5k | −$3.49 |
| NOI | $10.4k | $8.15 |
1,280 SF · lease $12.72/SF/yr · vacancy 8.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$149.0K
$130.4K – $173.9K
NOI $10,433 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$131.9K
$115.4K – $153.9K
NOI $9,235 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$261.6K
$228.9K – $305.2K
NOI $18,314 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale near downtown amenities and major employers, offering a simple two-unit residential income setup.
Where is this duplex located?
The property is located at 526 N 9th Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Duplex built in 1920 with Craftsman style architecture; Interior includes laminate counters and walk‑in closets; Tile and laminate flooring throughout
