Active

Price cut: $12K (9/23)

$463,000

1724 Lakeview Ave, Klamath Falls, OR 97601

4beds

2,884sqft

$3,151/mo

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Duplex, Multi Family

Built in 1993

-- sqft lot

$-- Zestimate^®

$161/sqft

$-- HOA

What's special

Great investment opportunity in a convenient Klamath Falls location! Whether you're looking to expand your existing real estate portfolio, purchase your first investment property, or live in one unit while generating rental income from the other, this duplex offers an excellent opportunity. Located less than five minutes from Sky Lakes Medical Center and Oregon Tech (OIT), the property offers convenient access to major employment, education, and community amenities. The property has historically achieved a 7.8% cap rate, making it an attractive option for investors seeking income-producing real estate. Seller is motivated and welcomes offers! Seller is a licensed Oregon real estate broker.

33 days
190
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Electric, Natural Gas, Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Instant Hot Water, Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater

Features

Ceiling Fan(s), Shower/Tub Combo
Flooring: Carpet, Hardwood, Laminate, Tile
Windows: Double Pane Windows
Basement: None
Has fireplace: No
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 2,884
Total interior livable area: 2,884 sqft

Property

Parking

Parking features: Asphalt, Attached, Driveway, Garage Door Opener, On Street, Shared Driveway
Has attached garage: Yes
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Awning(s), Covered, Covered Deck, Porch, Rear Porch, Deck, Patio
Spa features: Indoor Spa/Hot Tub, Spa/Hot Tub
Fencing: Fenced
Has view: Yes
View description: Lake, Mountain(s), Neighborhood, Valley
Has water view: Yes
Water view: Lake

Lot

Size: 5,227 Square Feet
Features: Corner Lot, Garden, Level

Details

Additional structures: Second Garage
Parcel number: r212326
Zoning description: MD
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex, Multi Family

Materials

Frame
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1993

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: $161/sqft
Tax assessed value: $194,130
Annual tax amount: $3,984
Date on market: 9/14/2026
Cumulative days on market: 33 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/23/2026	Price change	$463,000-2.5%$161/sqft
Source: Oregon Datashare #220228647 Report a problem
9/14/2026	Listed for sale	$475,000$165/sqft
Source: Oregon Datashare #220228647 Report a problem
2/22/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/14/2024	Price change	$1,500-6.3%$1/sqft
Source: Zillow Rentals Report a problem
1/4/2024	Price change	$1,600-5.9%$1/sqft
Source: Zillow Rentals Report a problem
12/6/2023	Listed for rent	$1,700$1/sqft
Source: Zillow Rentals Report a problem