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402 Market StreetKlamath Falls, OR 97601Sale Price: $280,000

  • Sale Price: $280,000
  • 970 Days Since Sale
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $280,000Sale Price
  • 0.15Acreage
Listed by Stephanie Shrum of Coldwell Banker Holman Premier

Listing Sold by Coldwell Banker Holman Premier
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Incredible opportunity for the savvy investor. Or you could live in one unit and let the other units pay your mortgage! This Downtown four-plex boasts 3 one-bedroom units with a 4th larger unit (has a bonus room/second bedroom) and a 180 SF garage. Each unit has its own electric & gas meter, & private entrances to their own fenced back yard. In January, the rents of the three 1-bedroom units are scheduled to be $2300 a month & the current larger owner's unit could rent for between $800-$900. The garage could also be rented out separately if desired. With possibilities for monthly rent being over $3100 in 2024, and at less than $125 per SF, this property really pencils! Property is only a 7 minute drive to OIT and Skylakes Hospital. Restaurants, coffee shops, parks, public transportation and a grocery store are all within blocks, making the location super convenient. Book your tour to see the owner's unit today!

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 "Based on information submitted to Central OR as of June 12, 2026 10:37 PM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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