Unique investment opportunity. Turn key duplex on Richmond. Upstairs vacant for ease of showing. Was rented for $1150. It has new carpet, dual pane double hung windows w/waterfall glass for privacy. Engineered flooring except for bedrooms. 3 bedrooms. Shared laundry room with washer/dryer. Split unit for heat/air. Downstairs is rented for $950/mo. Geothermal heat stays at 65 most months but could be boosted with a pump. It is thermal siphon/free. 2 bedroom with LVP flooring in kitchen and living room. Tile bath and hall. Waterfall glass. First Choice manages and seller prefers showing only after previewing the upstairs unit. Both units include refrigerator, stove and microwave. 408 Owens was formerly a duplex . Upstairs is 2/1. Downstairs is 1/1 with a parlor/den.
Thia will be a 1031 tax deferred exchange.
Closed
$247,000
409 Richmond St, Klamath Falls, OR 97601
8beds
1,904sqft
Duplex, Multi Family
Built in 1940
-- sqft lot
$250,000 Zestimate®
$130/sqft
$1,245 Estimated rent
Home value
$250,000
$198,000 - $318,000
$1,245/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Fisher Nicholson Realty, LLC 541-884-1717
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220188480
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Ductless, Geothermal, Radiant
Cooling
- Other
Appliances
- Included: Cooktop, Microwave, Oven, Range, Refrigerator
Features
- Flooring: Carpet, Concrete, Simulated Wood
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,904
- Total interior livable area: 1,904 sqft
Property
Parking
- Parking features: Asphalt, Driveway, On Street, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1.70 Acres
Details
- Additional parcels included: 408 Owens St., 3809-033BA-17100
- Parcel number: 416062
- Zoning description: RSFR
- 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: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Klamath Falls
- Subdivision: Klamath Falls -Industrial Addition
Other
Other facts
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2025 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/21/2025 | Sold | $247,000-14.5%$130/sqft |
Source:  Oregon Datashare #220188480 Report a problem | ||
| 1/22/2025 | Pending sale | $289,000$152/sqft |
Source: Oregon Datashare #220188480 Report a problem | ||
| 1/10/2025 | Price change | $289,000-1.7%$152/sqft |
Source: Oregon Datashare #220188480 Report a problem | ||
| 11/1/2024 | Price change | $294,000-1.7%$154/sqft |
Source: Oregon Datashare #220188480 Report a problem | ||
| 8/19/2024 | Listed for sale | $299,000+290.8%$157/sqft |
Source: Oregon Datashare #220188480 Report a problem | ||
| 5/1/2020 | Sold | $76,500+9.3%$40/sqft |
Source: Oregon Datashare #103011441 Report a problem | ||
| 4/29/2020 | Pending sale | $70,000$37/sqft |
Source: Fisher Nicholson Realty, LLC #103011441 Report a problem | ||
| 4/29/2020 | Listed for sale | $70,000-58.8%$37/sqft |
Source: Fisher Nicholson Realty, LLC #103011441 Report a problem | ||
| 5/17/2008 | Listing removed | $170,000$89/sqft |
Source: Coldwell Banker** #68378 Report a problem | ||
| 1/18/2008 | Listed for sale | $170,000$89/sqft |
Source: Visual Tour #68378 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,567 +4.1% | $90,990 +3% |
| 2023 | $1,505 +2% | $88,340 +3% |
| 2022 | $1,475 +4.1% | $85,770 +3% |
| 2021 | $1,418 +2% | $83,280 +3% |
| 2020 | $1,390 +2.6% | $80,860 +3% |
| 2019 | $1,355 +2.9% | $78,510 +3% |
| 2018 | $1,317 | $76,230 +3% |
| 2017 | $1,317 +12.3% | $74,010 +3% |
| 2016 | $1,173 | $71,860 +15.5% |
| 2015 | $1,173 +21.9% | $62,230 -10.8% |
| 2014 | $963 -7.5% | $69,770 +29% |
| 2013 | $1,041 | $54,070 -20.2% |
| 2012 | -- | $67,740 +3% |
| 2011 | $1,035 +1.1% | $65,770 |
| 2010 | $1,024 +2.1% | $65,770 +6.1% |
| 2009 | $1,003 +3.6% | $62,000 +3% |
| 2008 | $968 +4.2% | $60,200 -35.2% |
| 2007 | $929 +2.1% | $92,894 +2.1% |
| 2006 | $910 | $90,999 +70.1% |
| 2004 | -- | $53,500 |
Find assessor info on the county website
Neighborhood: 97601
Nearby schools
GreatSchools rating
- 2/10Mills Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Ponderosa Junior High SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Klamath Union High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Mills Elem
- Middle: Ponderosa Middle
- High: Klamath Union High
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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- Oregon
- Klamath County
- Klamath Falls
- 97601
- 409 Richmond St
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