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    Klamath Falls, OR
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    Klamath Falls, OR Residential Income Properties for Sale

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    Keno, OR Merrill, OR Dorris, CA
    16 listings
    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 plus detached 1‑bedroom, 1‑bath ADU: two 2‑bedroom, 1‑bath units and a separate ADU at 124 Ewauna
    • Upper unit at 42 Pine Street: 2 bedrooms and 1 bath with laminate and vinyl flooring, plus kitchen, dining, and living areas
    • Lower unit at 120 Ewauna was recently refreshed with new flooring, counters, sink, and a gas fireplace
    • Detached ADU includes access to a common laundry area; 1‑bedroom, 1‑bath layout with kitchen, dining, and living areas
    • Brick, concrete, and frame construction with an asphalt shingle roof; built‑in features and ceiling fans included
    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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    Manufactured Home Rental Property
    $335,000
    1,100 SF
    Manufactured Home Rental Property

    Three tenant-occupied manufactured homes plus an RV pad offer steady rental flexibility on one fenced lot.

    6640 Redding 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 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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    Duplex with Two 3-Bedroom Units
    $362,211
    1,944 SF
    Duplex with Two 3-Bedroom Units

    Duplex in nice condition features two 3-bedroom units with in-unit washer/dryer hookups and recent roof improvements.

    121 Lincoln Street, Klamath Falls, OR 97601

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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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    Live-Work Building with Commercial Kitchens
    $375,000
    2,737 SF
    Live-Work Building with Commercial Kitchens

    Three-level building with two units and three full kitchens, offering flexible live, rental, or business operations with ADA access.

    1146 Pine Street, Klamath Falls, OR 97601

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    Versatile Mixed-Use Property Downtown
    $375,000
    2,737 SF
    Versatile Mixed-Use Property Downtown

    Commercial/residential property with multi-use potential in Klamath Falls.

    1146 Pine Street, Klamath Falls, OR 97601

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    Storefront with Upper-Level Residence
    $1,100,000
    2,336 SF
    Storefront with Upper-Level Residence

    Retail space with private parking and alley access, plus a remodeled upper-level 5-bedroom residence.

    1023 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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    Main Street Commercial Opportunity
    $1,100,000
    Main Street Commercial Opportunity

    Profitable business and comfortable living space on Main Street.

    1023 Main Street, Klamath Falls, OR 97601

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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 80 Potential Opportunities for your consideration. Besides 16 Active listings in Klamath Falls, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 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.

    Mixed-Use Building in Railroad District
    $1,250,000
    4,950 SF
    Mixed-Use Building in Railroad District

    Mixed-use property with commercial and residential units in Ashland.

    545 A Street, Ashland, OR 97520

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    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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    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

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    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.

    Residential Lots in Klamath Falls
    Contact for pricing
    0.33 Acres
    Residential Lots in Klamath Falls

    Three residentially zoned lots near downtown Klamath Falls, Oregon.

    N Georgia Avenue, Klamath Falls, OR 97601

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    Klamath Falls Apartment Development Land
    $274,500
    4.51 Acres
    Klamath Falls Apartment Development Land

    Four acre apartment-zoned land near Sky Lakes campus.

    Van Ness Street, Klamath Falls, OR 97601

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    Residential Land in Klamath Falls
    $234,000
    12.09 Acres
    Residential Land in Klamath Falls

    12 acre residential land parcel for development or personal use.

    Balsam Drive, Klamath Falls, OR 97601

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    Klamath Falls Wooded Lot
    $39,000
    1.12 Acres
    Klamath Falls Wooded Lot

    Wooded lot with lake and valley views in Klamath Falls.

    Fox Sparrow lot: 1211, Klamath Falls, OR 97601

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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

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    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

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    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

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    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

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    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

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    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

    View details

    Klamath Falls, OR Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Klamath Falls, OR, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 28,697 square feet of properties for sale, with an estimated market value of $5,899,111.

    Sale prices for residential income properties in Klamath Falls, OR start at $250,000, averaging $453,777, and reaching up to $1,100,000 — 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

    Multifamily properties 11
    Duplexes 5
    Mobile home & RV parks 2
    Quadplexes 2
    Single family properties 2

    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 $638.3K
    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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