1146 Pine Street, Klamath Falls, OR 97601
MULTI_FAMILY - Klamath Falls, OR
- Added:
- Jul 29, 2025
- Days on Market:
- 336
- Last Refresh:
- Jun 29 at 6:06 pm
Property Features for 1146 Pine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot, Alley, On Street, Carport
- Interior features
- Shower/Tub Combo, Solid Surface Counters, Tile Counters
- Basement
- Daylight, Finished
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Cooktop, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 371243
- Size
- 2,737 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2393
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Carpet, Vinyl, Tile
- Building materials
- Frame
- Roof type
- Metal
Listing agent Danae Lasalle License #201235890 (541) 880-8228
Listing office Fisher Nicholson Realty, LLC 403 Main Street, Klamath Falls, OR (541) 884-1717
Listing date Jul 29, 2025
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.
HighLights
- Commercial zoning with residential use; three‑level building with two separate units
- Two units plus three full kitchens for flexible live/work or business use
- ADA‑accessible ramp to the main entrance with accessible approach
- Parking includes on‑street parking, alley access, and a large private parking lot in back
- Utilities: public water and public sewer; electric heating
- Metal roof with frame construction; flooring includes vinyl, tile, and carpet
Overview
Located in downtown Klamath Falls, this property sits on a 0.11-acre lot at 1146 Pine Street. The combination of multiple kitchens and multi-level layout can help accommodate different operational needs within the same building footprint.
For owners or tenants seeking flexibility, the existing kitchen infrastructure makes the building particularly workable for food prep and related concepts, while the two-unit setup can support separate living and work arrangements or multiple operational spaces. The accessible entry and available parking can also make day-to-day access simpler for customers, staff, or residents.
Local Financial Insights For Specialty Retail
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 | $37.8k | $13.80 |
| − Vacancy | −$2.0k | −$0.72 |
| EGI | $35.8k | $13.08 |
| − OpEx | −$9.0k | −$3.27 |
| NOI | $26.9k | $9.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Klamath Falls
- County
- Klamath
- State
- Oregon
- Longitude
- -121.778568
- Latitude
- 42.228519
