1. Oregon
  2. Klamath Falls
  3. 1928 Erie Street
$509,000

1928 Erie Street, Klamath Falls, OR 97601

  • 3,858 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $132/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Excellent investment opportunity in the Hot Springs area of Klamath Falls! This charming six-plex has geothermal heat and features six well-maintained 1-bedroom, 1-bathroom units, each approximately 770 sq. ft. Recent updates give each unit a fresh and inviting feel, with strong rental history and professional property management already in place. Ideally located near Oregon Tech and Sky Lakes Medical Center, making it attractive to consistent tenant demand. Laundry facility on site. Separate power meters. The sale includes the adjacent lot to the south, providing additional parking for tenants. Good income with an unbeatable central location close to the college and hospital, this is a smart addition to any investment portfolio!

Listing Status:
Active
Date Added:
October 4, 2025 at 05:00AM
Listing Office:
Windermere Real Estate Kf : 541-885-4400
MLS ID:
220210181
  • General: Laminate CountersShower/Tub Combo
  • Flooring: CarpetVinyl
  • A/C: None
  • Heating: Geothermal
  • Style: Traditional
  • Parking: On Street
  • Roofing: Membrane
  • Windows: Double Pane WindowsVinyl Frames
  • General: FrameOneConcrete Perimeter
  • Road/Access: Shared Access
  • County: Klamath
  • Zoning: 373642
  • View: Neighborhood
  • Water: Public
  • Sewer: Public Sewer

This listing courtesy of Windermere Real Estate Kf

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Elementary School

1125 N Eldorado Ave, Klamath Falls, OR, 97601

Grades KG-5

0.53 miles away

P

Ponderosa Middle School

2554 Main St, Klamath Falls, OR, 97601

Grades 6-8

0.54 miles away

K

Klamath Union High School

1300 Monclaire St, Klamath Falls, OR, 97601

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.