Active

$449,000

1948 Madison St, Klamath Falls, OR 97603

3beds

2baths

1,648sqft

$2,876/mo

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Single Family Residence

Built in 1920

0.55 Acres Lot

$434,100 Zestimate^®

$272/sqft

$-- HOA

What's special

Respected custom home builder David Reid--known for quality homes in Running Y Ranch--has created something special in this classic 1920s residence. Thoughtfully remodeled and expanded, the home blends timeless character with modern comfort. Step onto the inviting covered concrete front porch and into a bright open floor plan designed for comfortable living and effortless entertaining. The spacious primary suite offers a beautifully appointed ensuite with double vanities and a custom tiled walk-in shower. Additional highlights include a dedicated laundry room, oversized garage with attached workshop, new cedar privacy fencing, abundant RV parking, and a large .50-acre parcel. Located directly across from desirable Shasta Elementary School and its public recreational facilities, this exceptional property offers the rare opportunity to enjoy a custom builder's craftsmanship, the charm of a classic home, and the convenience of one of Klamath Falls' most desirable neighborhood settings.

19 days

767

32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Oven, Range, Range Hood, Refrigerator

Features

Breakfast Bar, Built-in Features, Double Vanity, Enclosed Toilet(s), Fiberglass Stall Shower, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Stone Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Vinyl
Windows: Double Pane Windows, Vinyl Frames
Basement: None
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,648
Total interior livable area: 1,648 sqft

Property

Parking

Total spaces: 2
Parking features: Asphalt, Driveway, Garage Door Opener, RV Access/Parking, Workshop in Garage
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Pool features: None
Has view: Yes
View description: Mountain(s), Neighborhood, Territorial

Lot

Size: 0.55 Acres
Features: Level

Details

Parcel number: 511324
Zoning description: RS
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Frame
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1920

Details

Builder name: Keller

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Access to Public Lands, Park, Playground
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Klamath Falls

Financial & listing details

Price per square foot: $272/sqft
Tax assessed value: $195,130
Annual tax amount: $1,470
Date on market: 8/3/2026
Cumulative days on market: 19 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Road surface type: Paved

Estimated market value

$434,100

$412,000 - $456,000

$1,843/mo

Price history

Date	Event	Price
8/3/2026	Listed for sale	$449,000$272/sqft
Source: Oregon Datashare #220226406 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,471 +2.7%	$119,740 +3%
2024	$1,433 +3.8%	$116,260 +3%
2023	$1,380 +2.6%	$112,880 +3%
2022	$1,345 +3.2%	$109,600 +3%
2021	$1,304 +37.9%	$106,410 +3%
2020	$945 +2.4%	$103,320 +3%
2019	$923 +2.8%	$100,320 +3%
2018	$897	$97,400 +39.8%
2017	$897 +5.5%	$69,650 +3%
2016	$850	$67,630 +3%
2015	$850 +2.6%	$65,660 +3%
2014	$829 +4.4%	$63,750 +3%
2013	$793 +12.3%	$61,890 +3%
2012	$706 +2.8%	$60,100 +3%
2011	$687 -24.9%	$58,360 -26.3%
2010	$915 +1.6%	$79,230 +6.1%
2009	$900 +6.1%	$74,690 +3%
2008	$848 +3.2%	$72,520 -11.8%
2007	$822 +1.6%	$82,214 +1.6%
2006	$809	$80,923 -7.2%
2004	--	$87,180

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 97603

Getting around

50 / 100

Somewhat Walkable

23 / 100

Minimal Transit

39 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Shasta Elementary School
Grades: K-6Distance: 0.1 mi
2/10
Brixner Junior High School
Grades: 7-8Distance: 1.9 mi
5/10
Mazama High School
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

Elementary: Shasta Elem
Middle: Brixner Junior High
High: Mazama High

Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.