Duplex Opportunity with Income, Privacy & Flexibility
Whether you're looking to build your rental portfolio or live in one unit while generating income from the other, 118-120 Nevada St. offers flexibility and value. Each 810 sq. ft. unit features 2 bedrooms, 1 bathroom, a 1-car garage, fenced backyard and newer deck. Both units were updated in 2018 and are occupied by long-term tenants,currently generating $1,950/month in combined rental income. Situated on a 0.15-acre lot, this property offers the convenience of manageable ownership with the added benefit of fenced outdoor space and garage parking for each unit. Located in Klamath Falls with convenient access to shopping, dining, parks and outdoor recreation. A
great opportunity to offset your mortgage with rental income or add a well-established property to your investment portfolio with this practical duplex package.
Pending
$275,000
118 Nevada St, Klamath Falls, OR 97601
4beds
2baths
1,620sqft
Single Family Residence
Built in 1976
6,534 Square Feet Lot
$273,700 Zestimate®
$170/sqft
$-- HOA
What's special
Fenced backyardNewer deckFenced outdoor space
- 18 days
- 807
- 51
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ford Real Estate 541-773-2088
Source: Oregon Datashare,MLS#: 220228917
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Electric
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Oven, Range, Refrigerator
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Shared Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 442319
- Zoning description: A
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Block, Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Klamath Falls -Buena Vista Addition
HOA
- Has HOA: No
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $411,260
- Annual tax amount: $2,264
- Date on market: 9/18/2026
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Dishwasher; Disposal; Oven; Refrigerator
- Exclusions: Tenants personal belongings
- Road surface type: Paved
Estimated market value
$273,700
$260,000 - $287,000
$2,164/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Pending sale | $275,000$170/sqft |
Source:  Oregon Datashare #220228917 Report a problem | ||
| 9/18/2026 | Listed for sale | $275,000-6.8%$170/sqft |
Source: Oregon Datashare #220228917 Report a problem | ||
| 8/14/2026 | Listing removed | $295,000$182/sqft |
Source: Oregon Datashare #220221676 Report a problem | ||
| 6/26/2026 | Listed for sale | $295,000$182/sqft |
Source: Oregon Datashare #220221676 Report a problem | ||
| 6/3/2026 | Pending sale | $295,000$182/sqft |
Source: Oregon Datashare #220221676 Report a problem | ||
| 5/19/2026 | Listed for sale | $295,000+44.6%$182/sqft |
Source: Oregon Datashare #220221676 Report a problem | ||
| 12/19/2019 | Sold | $204,000+51.1%$126/sqft |
Source: Oregon Datashare #103002196 Report a problem | ||
| 8/21/2018 | Listing removed | $850$1/sqft |
Source: Morehouse Property Management, Inc. Report a problem | ||
| 8/13/2018 | Listed for rent | $850$1/sqft |
Source: Morehouse Property Management, Inc. Report a problem | ||
| 8/5/2016 | Sold | $135,000-6.3%$83/sqft |
Source: Oregon Datashare #100187255 Report a problem | ||
| 3/15/2007 | Sold | $144,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,264 +2.4% | $132,220 +3% |
| 2024 | $2,211 +4.1% | $128,370 +3% |
| 2023 | $2,123 +2% | $124,640 +3% |
| 2022 | $2,081 +4.1% | $121,010 +3% |
| 2021 | $2,000 +2% | $117,490 +3% |
| 2020 | $1,961 +2.6% | $114,070 +3% |
| 2019 | $1,911 +2.9% | $110,750 +3% |
| 2018 | $1,858 +6.2% | $107,530 +6.1% |
| 2015 | $1,749 +3.4% | $101,360 +6.1% |
| 2014 | $1,692 +10.5% | $95,550 +3% |
| 2013 | $1,531 | $92,770 +3% |
| 2012 | -- | $90,070 +3% |
| 2011 | $1,376 +1.1% | $87,450 |
| 2010 | $1,362 +2.1% | $87,450 +6.1% |
| 2009 | $1,334 +3.6% | $82,440 +3% |
| 2008 | $1,287 +4.2% | $80,040 -35.2% |
| 2007 | $1,235 +2.1% | $123,507 +2.1% |
| 2006 | $1,210 | $120,985 +25.8% |
| 2004 | -- | $96,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97601
Nearby schools
Schools provided by the listing agent
- Elementary: Pelican Elem
- Middle: Ponderosa Middle
- High: Klamath Union High School
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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