Two-Unit Duplex
925 Fulton Street Klamath Falls, OR 97601
925 Fulton Street, Klamath Falls, OR, 97601
$309,000
For Sale
$309,000
MULTI_FAMILY - Contemporary - Klamath Falls, OR
Property Size1,600 SF
Lot Size0.12 Acres
Price / SF$193.13
Days on Market20
Property Features for 925 Fulton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Driveway
- Window features
- Double Pane Windows
- Interior features
- Pantry
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Active
- APN
- 302693
- Size
- 1,600 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2908
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2010
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agency
Century 21 Showcase, Realtors
(541) 882-2121
Listed by
Rick Batsell · License #201236358
(541) 891-8462
Added: Jul 3 Updated: Jul 21 at 7:45PM Checked: Jul 22 at 6:06PM
MLS# 220224604
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 for-sale duplex features two separate units, each with two bedrooms and one full bathroom, with approximately 800 square feet per unit. The property is sited on 0.12 acres and includes a large fenced area that was added in 2024. Unit B is HUD approved, and Unit A requires only minor changes to be approved as well.
The duplex is centrally located within a few blocks of downtown, right next to the YMCA. It is also within 1.5 miles of OIT and Sky Lakes Medical Center. Nearby amenities and recreational access include a hilltop park and proximity to Klamath Lake and Pelican Marina.
The layout supports residential income use with two units on one lot, and the recent fencing addition aligns with tenant preferences for pet-friendly setups.
The duplex is centrally located within a few blocks of downtown, right next to the YMCA. It is also within 1.5 miles of OIT and Sky Lakes Medical Center. Nearby amenities and recreational access include a hilltop park and proximity to Klamath Lake and Pelican Marina.
The layout supports residential income use with two units on one lot, and the recent fencing addition aligns with tenant preferences for pet-friendly setups.
Key Highlights
- Duplex built in 2010 on 0.12 acres, with 2‑bedroom/1‑bath units
- Each unit is approximately 800 sq. ft., with appliances including dishwasher, range, and refrigerator
- HUD approved: Unit B; Unit A requires only minor changes to be approved as well
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 | $20.4k | $12.72 |
| − Vacancy | −$1.7k | −$1.08 |
| EGI | $18.6k | $11.64 |
| − OpEx | −$5.6k | −$3.49 |
| NOI | $13.0k | $8.15 |
1,600 SF · lease $12.72/SF/yr · vacancy 8.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$186.3K
$163.0K – $217.4K
NOI $13,041 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$164.9K
$144.3K – $192.4K
NOI $11,544 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$327.0K
$286.2K – $381.6K
NOI $22,893 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex on 0.12 acres with two 2-bedroom, 1-bath units near downtown Klamath Falls.
Where is this duplex located?
The property is located at 925 Fulton Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Duplex built in 2010 on 0.12 acres, with 2‑bedroom/1‑bath units; Each unit is approximately 800 sq. ft., with appliances including dishwasher, range, and refrigerator; HUD approved: Unit B; Unit A requires only minor changes to be approved as well
