2404 -2406 Gettle Street, Klamath Falls, OR 97603
MULTI_FAMILY - Other - Klamath Falls, OR
- Added:
- Jan 9, 2026
- Days on Market:
- 171
- Last Refresh:
- Jun 29 at 8:06 pm
Property Features for 2404 -2406 Gettle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Open
- Window features
- Vinyl Frames, Double Pane Windows
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s), Laminate Counters, Shower/Tub Combo
- Fireplace
- 1
- Appliances
- Dishwasher, Oven, Refrigerator
- Standard status
- Active
- APN
- 519521
- Size
- 2,100 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1200
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1941
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Hardwood, Laminate
- Roof type
- Metal, Composition
- Architectural style
- Other
Listing agent Tracy Holden License #201213225 (541) 591-6060
Listing office Century 21 Showcase, Realtors 3130 S 6th Street, Klamath Falls, OR (541) 882-2121
Listing date Jan 9, 2026
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
- Corner lot with two homes: a 3 bed/1 bath stick‑built home and a 2 bed/1 bath manufactured home
- Rental or multi‑family setup, with prior short‑term rental use and $2,500+/month in rental income noted
- New flooring and new windows reported for the additional manufactured home
- Appliances include dishwasher, oven, and refrigerator
- Forced‑air heating and public utilities: public water and public sewer
- Both homes include a 1‑year First American Home Warranty; fireplaces reported (fireplace Y/N: true)
Overview
Located at 2404–2406 Gettle Street in Klamath Falls, Oregon, the site is configured as a duplex setup with two dwelling units under one ownership. The listing presents the corner-lot layout as part of the overall value of the property.
For tenants, this arrangement offers a straightforward two-home configuration that can support multi-family living or continued rental use. For buyers considering income-producing options, the seller represents potential gross rental income of $2,500+ per month. With updates already in place and the included one-year home warranty, the property may appeal to owner-occupants and investors seeking a residential income asset with ready-to-rent features.
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 | $26.7k | $12.72 |
| − Vacancy | −$2.3k | −$1.08 |
| EGI | $24.5k | $11.64 |
| − OpEx | −$7.3k | −$3.49 |
| NOI | $17.1k | $8.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Klamath Falls
- County
- Klamath
- State
- Oregon
- Longitude
- -121.732841
- Latitude
- 42.20521
