1. Oregon
  2. Klamath Falls
  3. 114 S Williams Avenue
$425,000

114 S Williams Avenue, Klamath Falls, OR 97601

  • 4,682 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $91/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Exceptional investment in the heart of Klamath Falls - two income-producing properties on one lot, both fully occupied and professionally managed. Includes a spacious 3,808 SF duplex built in 1980, each unit offering 3 bedrooms, 1.5 baths, and generous living space, plus an 874 SF single-family home built in 1980 with 2 bedrooms and 1.5 baths. Current combined rent is $3,300/month with conservative market potential of $4,800/month as leases renew, creating strong upside. Both buildings feature reliable geothermal heating and composite roofs in excellent condition. Situated on a level city lot with separate addresses, close to schools, shopping, and major employers, ensuring steady demand. Ideal for investors seeking immediate cash flow, low-maintenance systems, management in place, and room for future rent growth. Perfect for portfolio expansion, a 1031 exchange, or a turnkey rental package in a stable, appreciating market.

Listing Status:
Active
Date Added:
August 15, 2025 at 05:00AM
Listing Office:
Realty Net of Central Oregon : 503-300-6330
MLS ID:
220207714
  • Appliances: DishwasherDryerMicrowaveRangeRefrigeratorWasher
  • Basement: None
  • Flooring: Vinyl
  • A/C: Other
  • Heating: Other

This listing courtesy of Realty Net of Central Oregon

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

0.95 miles away

P

Ponderosa Middle School

2554 Main St, Klamath Falls, OR, 97601

Grades 6-8

0.08 miles away

E

Eagleridge High School

677 S 7th St, Klamath Falls, OR, 97601

Grades 9-12

0.81 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.