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    Klamath Falls, OR
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    Klamath Falls, OR Multifamily Properties for Sale

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    Keno, OR Chiloquin, OR Merrill, OR
    11 results
    Triplex with Additional Dwelling Unit
    $280,000
    2,603 SF
    Triplex with Additional Dwelling Unit

    42 Pine Street, Klamath Falls, OR 97601

    Two-level triplex with separate ADU, offering strong rental income.
    • Triplex with Separate ADU: Provides multiple rental income streams
    • Recently Refreshed Unit: Lower unit features new flooring, counters, sink, and a gas fireplace
    • Strong Rental Income Potential: All units are currently occupied
    • Low‑Maintenance Yard: Adds to tenant appeal and reduces owner workload
    • Durable Flooring: Laminate and vinyl flooring in the 2‑bedroom units
    Updated: May 18
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    New Multifamily Investment Opportunity
    $729,000
    2,360 SF
    New Multifamily Investment Opportunity

    Klamath Falls, OR 97601

    New four-unit multifamily property under construction, completion August 2026.
    • Under construction single‑story four‑unit multifamily property in Klamath Falls
    • Anticipated completion in August 2026; year built 2026
    • Proforma cap rate of over 7% (per provided proforma)
    • Composition roof
    • Includes a one‑year builder warranty
    Updated: May 18
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    Klamath Falls Investment Property
    $410,000
    2,658 SF
    Klamath Falls Investment Property

    Well-maintained duplex in Moyina Heights with city and mountain views.

    1752 & 1754 Kimberly Drive, Klamath Falls, OR 97603

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    Klamath Falls Income Property
    $359,000
    1,220 SF
    Klamath Falls Income Property

    Income-producing property with two homes on a spacious lot.

    2539 Kane Street, Klamath Falls, OR 97603

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    Klamath Falls Multi-Family Opportunity
    $299,900
    2,100 SF
    Klamath Falls Multi-Family Opportunity

    Two houses on a corner lot with income potential.

    2404 -2406 Gettle Street, Klamath Falls, OR 97603

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    Klamath Falls Multifamily Property
    $295,000
    1,620 SF
    Klamath Falls Multifamily Property

    Well-maintained Klamath Falls multifamily property with reliable tenants.

    118 Nevada Street, Klamath Falls, OR 97601

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    Commercial Building on Main Street
    $250,000
    2,922 SF
    Commercial Building on Main Street

    Two-unit commercial building in Klamath Falls, both units rented.

    427 Main Street, Klamath Falls, OR 97601

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    Classic Klamath Falls Apartments
    $1,150,000
    Classic Klamath Falls Apartments

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

    1120 Pine St, Klamath Falls, OR 97601

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    New Multifamily Investment Property
    $729,000
    2,360 SF
    New Multifamily Investment Property

    New four-unit multifamily property in Klamath Falls, Oregon.

    1433 Lakeview Avenue, Klamath Falls, OR 97601

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    MULTI_FAMILY - Other - Klamath Falls, OR
    $335,000
    1,100 SF
    MULTI_FAMILY - Other - Klamath Falls, OR

    Mobile home & RV parks · 1,100 SF

    6640 Redding Street, Klamath Falls, OR 97603

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    Shasta Glen Manufactured Housing Community
    $6,900,000
    13.66 Acres
    Shasta Glen Manufactured Housing Community

    13.66-acre manufactured housing community in Klamath Falls, Oregon.

    4647 Winter Ave, Klamath Falls, OR 97603

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    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 11 Active listings in Klamath Falls, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ashland Duplex: Investment Opportunity
    $855,000
    1,440 SF
    Ashland Duplex: Investment Opportunity

    Well-maintained duplex in Ashland with redevelopment potential.

    128 S Mountain Avenue, Ashland, OR 97520

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    Historic Ashland Multifamily Residence
    $950,000
    3,277 SF
    Historic Ashland Multifamily Residence

    Renovated historic residence with detached permitted ARU in downtown Ashland.

    19 Gresham Street, Ashland, OR 97520

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    Malin Multifamily Investment Opportunity
    $1,500,000
    9,912 SF
    Malin Multifamily Investment Opportunity

    Multifamily property in Malin, Oregon with steady income.

    2236 3rd Street, Malin, OR 97632

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    Brick Courtyard Apartment Building
    $1,500,000
    Brick Courtyard Apartment Building

    Apartment building featuring two-bedroom units, courtyard setting, and recent exterior roofing improvements.

    2236 3RD Street, Malin, OR 97632

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Buildable Land in Chiloquin, Oregon
    Contact for pricing
    1.13 Acres
    Buildable Land in Chiloquin, Oregon

    1.13 acre buildable lot near Sprague River.

    Jean Street, Chiloquin, OR 97624

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    Chiloquin Land with Lake Views
    Contact for pricing
    0.33 Acres
    Chiloquin Land with Lake Views

    Oversized lot with lake views, utilities, and manufactured home allowance.

    Timber Lane, Chiloquin, OR 97624

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    Montague Land with Well/Septic
    $46,000
    1.00 Acre
    Montague Land with Well/Septic

    One-acre lot with well, septic, and outbuildings near Yreka.

    7630 Whitepine Rd, Montague, CA 96064

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    Acre Land Parcel in Chiloquin
    Contact for pricing
    1.00 Acre
    Acre Land Parcel in Chiloquin

    One acre land parcel with utilities in Chiloquin, Oregon.

    Cloudcap Drive, Chiloquin, OR 97624

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    Off-Market Properties in Klamath Falls, OR

    Consider similar Off-Market properties in Klamath Falls, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2241 Greensprings Dr, Unit 56
    CAMPGROUND, RV PARK
    Lot: 9.90 Acres
    Estimated value
    $3,050,000
    Unit 56

    2241 Greensprings Dr, Klamath Falls, OR 97601-5649

    View details
    3646 Summers Ln, Unit 9
    CAMPGROUND, RV PARK
    Lot: 1.49 Acres
    Value Estimation by Request
    Unit 9

    3646 Summers Ln, Klamath Falls, OR 97603-7455

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    1663 Greensprings Dr Spc, Unit 151
    CAMPGROUND, RV PARK
    1,160 SF Lot: 12.50 Acres
    Value Estimation by Request
    Unit 151

    1663 Greensprings Dr Spc, Klamath Falls, OR 97601-5216

    View details
    4850 Wocus Rd, Unit 39
    CAMPGROUND, RV PARK
    1,500 SF Lot: 4.84 Acres
    Value Estimation by Request
    Unit 39

    4850 Wocus Rd, Klamath Falls, OR 97601-9381

    View details
    2055 Greensprings Dr, Unit 17
    CAMPGROUND, RV PARK
    Lot: 2.36 Acres
    Value Estimation by Request
    Unit 17

    2055 Greensprings Dr, Klamath Falls, OR 97601-5555

    View details
    5602 Denver Ave, Unit 3
    CAMPGROUND, RV PARK
    Lot: 1.99 Acres
    Value Estimation by Request
    Unit 3

    5602 Denver Ave, Klamath Falls, OR 97603-7559

    View details
    4647 Winter Ave Spc, Unit 37
    CAMPGROUND, RV PARK
    1,215 SF Lot: 13.66 Acres
    Value Estimation by Request
    Unit 37

    4647 Winter Ave Spc, Klamath Falls, OR 97603-2407

    View details
    2934 Summers Ln, Unit 11
    CAMPGROUND, RV PARK
    1,943 SF Lot: 3.29 Acres
    Value Estimation by Request
    Unit 11

    2934 Summers Ln, Klamath Falls, OR 97603-6754

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    3113 Bristol Ave, Unit 22
    CAMPGROUND, RV PARK
    1,200 SF Lot: 6.50 Acres
    Value Estimation by Request
    Unit 22

    3113 Bristol Ave, Klamath Falls, OR 97603-7866

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    5861 6th St, Unit 12
    CAMPGROUND, RV PARK
    Lot: 1.47 Acres
    Value Estimation by Request
    Unit 12

    5861 6th St, Klamath Falls, OR 97603-4057

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    6800 6th St Spc, Unit 61
    CAMPGROUND, RV PARK
    Lot: 5.21 Acres
    Value Estimation by Request
    Unit 61

    6800 6th St Spc, Klamath Falls, OR 97603-7138

    View details
    3950 Homedale Rd
    CAMPGROUND, RV PARK
    Lot: 1.47 Acres
    Value Estimation by Request

    3950 Homedale Rd, Klamath Falls, OR 97603-7565

    View details
    3950 Homedale Rd, Unit 17
    CAMPGROUND, RV PARK
    Lot: 7.34 Acres
    Value Estimation by Request
    Unit 17

    3950 Homedale Rd, Klamath Falls, OR 97603-7568

    View details

    Klamath Falls, OR Multifamily Properties Investment Opportunities Market Analysis

    Explore 58 multifamily properties for sale in Klamath Falls, OR, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 18,943 square feet of properties for sale, with an estimated market value of $3,686,900.

    Sale prices for multifamily properties in Klamath Falls, OR start at $250,000, averaging $409,655, and reaching up to $729,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Duplexes 5
    Quadplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1
    Short term rental properties 1

    Demographics Overview

    Population 55K
    Population Growth (5Y) -14.6%
    Median Household Income $59,947
    College Educated 32.8%

    High-Yield Neighborhoods for Investment

    Identify Klamath Falls submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    97601 $572.2K
    97603 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.43%
    Property Tax per SF $19.62 per sq ft
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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