114 Williams AVE Active Save Request In-Person Tour Request Virtual Tour
Klamath Falls,OR 97601
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,682 sqft
Price per Sqft $90
MLS Listing ID 220207714
Style Traditional
Year Built 1980
Annual Tax Amount $2,912
Lot Size 6,969 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional investment in the heart of Klamath Falls - two income-producing properties on one lot, both fully occupied and professionally managed. Includes a spacious 3,808 SF duplex built in 1980, each unit offering 3 bedrooms, 1.5 baths, and generous living space, plus an 874 SF single-family home built in 1980 with 2 bedrooms and 1.5 baths. Current combined rent is $3,300/month with conservative market potential of $4,800/month as leases renew, creating strong upside. Both buildings feature reliable geothermal heating and composite roofs in excellent condition. Situated on a level city lot with separate addresses, close to schools, shopping, and major employers, ensuring steady demand. Ideal for investors seeking immediate cash flow, low-maintenance systems, management in place, and room for future rent growth. Perfect for portfolio expansion, a 1031 exchange, or a turnkey rental package in a stable, appreciating market.
Location
State OR
County Klamath
Interior
Heating/Cooling Other
Exterior
Parking Features Attached,Driveway
Roof Type Composition
Parking Attached,Driveway
Building
Lot Description Level
Foundation Slab
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Klamath Union High School
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard