Great investment opportunity! This two-level triplex with a separate built ADU offers strong rental income potential. The upper unit at 42 Pine Street features 2 bedrooms and 1 bath, while the lower unit at 120 Ewauna has 2 bedrooms, 1 bath, and was recently refreshed with new flooring, counters, sink, and a gas fireplace. The detached ADU at 124 Ewauna is a 1-bedroom, 1-bath unit with access to a common laundry area. Both 2-bedroom units include kitchen, dining, and living rooms with durable laminate and vinyl flooring. Low-maintenance yard and shared common spaces add to tenant appeal. Upper unit is ready for your updates and vision. All units are currently occupied--please do not disturb tenants. Property sold as-is.
Active
$280,000
42 Pine St, Klamath Falls, OR 97601
5beds
2,603sqft
Triplex, Multi Family
Built in 1928
-- sqft lot
$266,300 Zestimate®
$108/sqft
$-- HOA
What's special
Low-maintenance yard
- 46 days |
- 819 |
- 45 |
Zillow last checked:
Listing updated:
Listed by:
eXp Realty LLC. 888-814-9613
Source: Oregon Datashare,MLS#: 220221594
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Fireplace(s), Baseboard
Cooling
- None
Appliances
- Included: Range, Range Hood, Refrigerator, Water Heater
Features
- Built-in Features, Ceiling Fan(s), Laminate Counters, Linen Closet, Shower/Tub Combo
- Flooring: Laminate, Vinyl
- Windows: Aluminum Frames
- Basement: Daylight,Exterior Entry,Finished,Full
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No One Above
Interior area
- Total structure area: 2,603
- Total interior livable area: 2,603 sqft
Property
Parking
- Parking features: Asphalt, Assigned, Driveway, On Street, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Courtyard
- Fencing: Fenced
- Has view: Yes
- View description: Lake, Neighborhood, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 4,356 Square Feet
- Features: Corner Lot, Sloped
Details
- Additional structures: Shed(s)
- Parcel number: 611163
- Zoning description: SFR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
Materials
- Brick, Concrete, Frame
- Foundation: Stone, Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Klamath Falls -First Addition
HOA
- Has HOA: No
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $283,450
- Annual tax amount: $2,348
- Date on market: 5/18/2026
- Cumulative days on market: 47 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$266,300
$253,000 - $280,000
$1,325/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $280,000$108/sqft |
Source:  Oregon Datashare #220221594 Report a problem | ||
| 12/1/2025 | Listing removed | $280,000$108/sqft |
Source: Oregon Datashare #220209591 Report a problem | ||
| 10/14/2025 | Price change | $280,000-6.7%$108/sqft |
Source: Oregon Datashare #220209591 Report a problem | ||
| 9/22/2025 | Listed for sale | $300,000+150%$115/sqft |
Source: Oregon Datashare #220209591 Report a problem | ||
| 6/27/2003 | Sold | $120,000$46/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,294 +4.1% | $133,150 +3% |
| 2023 | $2,202 +2% | $129,280 +3% |
| 2022 | $2,159 +4.1% | $125,520 +3% |
| 2021 | $2,074 +12.4% | $121,870 +3% |
| 2020 | $1,845 +7.2% | $118,330 +6.8% |
| 2019 | $1,722 +23.4% | $110,830 +23.6% |
| 2018 | $1,396 | $89,690 |
| 2017 | $1,396 +7% | $89,690 +6.8% |
| 2016 | $1,304 | $83,990 -29% |
| 2015 | $1,304 -34% | $118,330 +6.1% |
| 2014 | $1,975 +10.5% | $111,550 +3% |
| 2013 | $1,787 +11.3% | $108,310 +6.1% |
| 2011 | $1,607 +1.1% | $102,100 |
| 2010 | $1,590 +2.1% | $102,100 +6.1% |
| 2009 | $1,557 +3.6% | $96,250 +3% |
| 2008 | $1,503 +4.2% | $93,450 -35.2% |
| 2007 | $1,442 +2.1% | $144,198 +2.1% |
| 2006 | $1,413 | $141,255 -4.5% |
| 2004 | -- | $147,920 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 97601
Nearby schools
GreatSchools rating
- 6/10Joseph Conger Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10Ponderosa Junior High SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Klamath Union High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Joseph Conger 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Klamath County
- Klamath Falls
- 97601
- 42 Pine St
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