Price Reduction - Views - Primary on Main
Listing Provided Courtesy Of:
Coldwell Banker Pro West R.E.
5159 N Highway 97 Klamath Falls, OR
$ 735,000
Property Attributes
  • MLS#220133785
  • TypeMulti-Family
  • CountyKLAMATH
  • CityKlamath Falls
  • NeighborhoodTerminal City -First Addition
  • Zip97601
  • StyleTraditional
  • Year Built1940
  • Taxes$ 3204
  • Price$ 735,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4059
  • Lot Size2.88 Acres
Listing Provided Courtesy Of:
Coldwell Banker Pro West R.E.
Data Source:
Southern Oregon MLS (SOMLS) - 191 - OR
Property Description

These are five well maintained income producing units on an oversized lot. There are two single family residences, one duplex and a mobile home / RV pad, all of which provide an exceptional income stream with very low operating expenses. Two septic systems and a common well significantly lower your utility bill and put more money in your pockets. Tenants pay all other utilities. The largest residence has four bedrooms, two baths, office, a newly remodeled kitchen and two car garage. The other single family residence has two bedrooms, 1 bath and a carport. One unit of the duplexes has been completely remodeled. The RV pad comes with water, sewer and 30 Amp service. The lot is 2.88 acres with less than half of in use. See documents for itemized list of improvements for all units.

Elementary School Middle School High School
Check with District Elementary School Check with District Middle School Check with District High School
Price History
10/14/2021 Listed $750,000
11/15/2021 2% - $735,000

General Features

# Of Units Total 4
Additional Features Separate Electric Meters, Separate Gas Meters
Appliances Cooktop, Dryer, Microwave, Oven, Refrigerator, Washer
Arch Style Traditional
Association? No
Basement None
Construction Materials Frame
Cooling Other, Wall/Window Unit(s)
Flooring Carpet, Vinyl
Heating Electric, Natural Gas, Wall Furnace, Wood
Levels One
New Construction Y/N No
Property Type C
Roof Composition
Section Not Applicable
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Sand Filter, Septic Tank, Standard Leach Field
Sub Type Multi Family
Subdivision Name Terminal City -First Addition
View Neighborhood, Territorial
Zoning CT

Interior Features

Common Walls 1 Common Wall
Fireplace Features Gas, Wood Burning
Interior Features Ceiling Fan(s), Fiberglass Stall Shower, Kitchen Island, Linen Closet, Primary Downstairs
Window Features Double Pane Windows, Vinyl Frames

Exterior Features

Exterior Features Deck, Patio, RV Dump, RV Hookup
Foundation Concrete Perimeter
Lot Description Fenced, Level
Lot Size Acres 2.88
Lot Size Square Feet 125453.00
Other Structures Poultry Coop, Shed(s), Storage
Parking Details: # Of Carports 1
Parking Details: # Of Garages 2
Parking Features Gravel, RV Access/Parking, Workshop in Garage
Road Surface Type Gravel, Paved
Water Source Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97601

AVG $380K
AVG $1,972
AVG 61
Year Built
AVG 1930