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1120 Pine St Klamath Falls, OR 97601

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For Sale
$1,150,000

Renovated 16-unit apartment building in Klamath Falls' downtown.

Type:Multifamily
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 4:55 am

Property Features for 1120 Pine St

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Georgie Christensen-Riley

Listing agent Georgie Christensen-Riley License #OR: 201209670

Listing office Portland Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Portland Office


Overview

Classic Klamath Falls Apartments

Originally constructed in 1924, the White Pine Apartments feature classic designer charm. Significant capital has been invested in renovations to the exterior, common areas, and interior finishes of 15 of the 16 units. Market analysis indicates an undersupply of rental housing in Klamath Falls, with limited multifamily development in recent years. Most rental properties in the area are single-family homes or smaller apartment complexes in poor to fair condition, making high-quality apartments like White Pine rare and highly sought after. The property is situated in the heart of Klamath Falls’ vibrant downtown district, offering residents access to restaurants, shops, and nightlife within walking distance. Major local employers, including Jeld-Wen and Sky Lakes Medical Center, are a short 10- to 15-minute drive away. Given the property’s prime downtown location, the scarcity of quality rentals, and its desirable vintage appeal, White Pine Apartments presents an investment opportunity for investors seeking a well-located asset with strong cash flow potential and long-term upside. The property is a 16-unit apartment building.
Location Intelligence

Current Use by Public Records

White Pine Apartments Apartment Building

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Klamath Falls
County
Klamath
State
Oregon
Longitude
-121.778839
Latitude
42.228375

FAQs

What type of property is this?
Apartment building - Renovated 16-unit apartment building in Klamath Falls' downtown.
Where is this apartment building located?
The property is located at 1120 Pine St Klamath Falls, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime downtown location in Klamath Falls, offering walkability to restaurants, shops, and nightlife.; Significant capital improvements with renovations to the exterior, common areas, and **15 of 16 units**.; Rare, high‑quality apartments in an undersupplied rental market dominated by older, lower‑quality properties.
More about this property
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