Classic Klamath Falls
1120 Pine St Klamath Falls, OR 97601
For Sale
$1,040,000
Renovated 16-unit apartment building in Klamath Falls' downtown.
Days on Market112
Property Features for 1120 Pine St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
Portland Office
(503) 200-2058
Listed By:
Georgie Christensen-Riley · License #License(s): OR: 201209670
(503) 200-2058
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 23 at 2:38AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
White Pine Apartments
Apartment Building
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 $1,040,000.
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.
