For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Two-Unit Duplex with Patio Updates Title is generated by Realmo AI

    1752 & 1754 Kimberly Drive, Klamath Falls, OR 97603

    View on Map
    Claim this Listing
    For Sale
    $399,000

    MULTI_FAMILY - Other - Klamath Falls, OR

    Property size:
    2,658 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $150/SF
    Added:
    Mar 5, 2026
    Days on Market:
    108
    Last Refresh:
    Jun 21 at 5:06 am

    Property Features for 1752 & 1754 Kimberly Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street, Driveway, Open
    Window features
    Vinyl Frames
    Patio and Porch features
    Patio, Deck, Porch
    Interior features
    Breakfast Bar, Ceiling Fan(s), Granite Counters, Laminate Counters, Open Floorplan, Pantry, Shower/Tub Combo, Walk-In Closet(s)
    Fireplace
    1
    Appliances
    Dishwasher, Disposal, Dryer, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
    Standard status
    Active
    APN
    503707
    Size
    2,658 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2444

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas, Electric (Heating), Wall Furnace
    Cooling system
    Central Air, Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Tile, Laminate
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Tracy Holden
    Tracy Holden

    Listing agent Tracy Holden License #201213225

    Listing office Century 21 Showcase, Realtors 3130 S 6th Street, Klamath Falls, OR

    Listing date Mar 5, 2026

    MLS# 220216518 Listing URL

    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

    • Duplex with 2 units: upstairs 2BR/1.5BA and downstairs 1BR/1BA
    • Both units are currently rented, providing immediate rental income
    • Interior features include open floorplan, granite and laminate counters, pantry, and walk‑in closets
    • Appliances inlcude dishwasher, disposal, oven, range, refrigerator, washer and dryer
    • Central air plus wall/window and window unit cooling, with forced air and natural gas heating
    • Patio, deck, and porch, with driveway and on‑street parking; roof is composition

    Overview

    This duplex property includes two separate residential units, each with its own bedroom and bathroom count. The upstairs unit has 2 bedrooms and 1.5 bathrooms, and the downstairs unit offers 1 bedroom and 1 bathroom. Both units are currently rented. The exterior and interiors have been updated with refreshed paint and cabinetry, along with patio improvements and fencing, reflecting a well-kept, owner-maintained approach.

    Located in the Moyina Heights subdivision of Klamath Falls, the property offers views of the city and Mt. Shasta. The offering consists of two addresses at 1752 and 1754 Kimberly Drive.

    For buyers seeking a multi-family purchase, this setup provides a straightforward two-tenant configuration with an immediate rental status, which can be appealing for investors looking to add to a portfolio or for owner-occupants interested in living in one unit while renting the other. The combination of unit separation, existing occupancy, and visible property updates makes the duplex practical to evaluate in person.

    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 $33.8k $12.72
    − Vacancy −$2.9k −$1.08
    EGI $30.9k $11.64
    − OpEx −$9.3k −$3.49
    NOI $21.7k $8.15
    2,658 SF · lease $12.72/SF/yr · vacancy 8.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $309.5K
    $270.8K – $361.1K (±1% cap)
    NOI $21,665 @ 7.0% cap · market cap 5.43%
    Second Best
    Apartment 5plus
    $274.0K
    $239.7K – $319.6K (±1% cap)
    NOI $19,178 @ 7.0% cap · market cap 4.81%
    Theoretical Best
    Office A
    $543.3K
    $475.4K – $633.8K (±1% cap)
    NOI $38,030 @ 7.0% cap · market cap 9.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.703945
    Latitude
    42.212732

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit duplex with both units currently rented and recently updated with patio improvements and fencing.
    Where is this duplex located?
    The property is located at 1752 & 1754 Kimberly Drive Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Duplex with 2 units: upstairs 2BR/1.5BA and downstairs 1BR/1BA; Both units are currently rented, providing immediate rental income; Interior features include open floorplan, granite and laminate counters, pantry, and walk‑in closets
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message