Skip main navigation
Active
  • $715,000

    1209 Carlyle St, Klamath Falls, OR 97601

    8beds
    0baths
    2,160sqft
    : 
    Quadruplex, Multi Family
    Built in 2024
    -- sqft lot
    $700,600 Zestimate®
    $331/sqft
    $-- HOA

    What's special

    Investor dream - 8.06% Cap Rate!! This newly constructed (2024) quadplex in Klamath Falls, Oregon, offers a rare opportunity to own a modern multi-family property with exceptional returns. Each of the four units boasts two spacious bedrooms and top-tier amenities, including a 5-star energy rating, AC and heat pump, stainless steel appliances, in-unit stacked washer/dryer combo, smart TV, cadet heaters, electric fireplaces, and water-resistant flooring. The property is designed for low-maintenance ownership, featuring durable landscaping, and a large front deck. All units include off-street covered parking and are separately metered for water and electric. The units are fully leased with 12-month contracts. This brand-new 2024 build generates $5,600 in monthly rental revenue. Perfectly located just minutes from downtown Klamath Falls, shopping, Oregon Institute of Technology, and Sky Lakes Medical Center, this quadplex is highly desirable to tenants and a standout investment.
    24 days
    on Zillow
    |
    361
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2025 at 11:19am

    Listed by:

    Ninebark Real Estate 541-728-3009

    Source: Oregon Datashare,MLS#: 220198629MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1209 Carlyle St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Heating
    • ENERGY STAR Qualified Equipment, Other
    Cooling
    • ENERGY STAR Qualified Equipment, Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
    Features
    • Smart Lock(s), Smart Light(s), Ceiling Fan(s), Solid Surface Counters, Vaulted Ceiling(s)
    • Flooring: Laminate
    • Windows: ENERGY STAR Qualified Windows, Vinyl Frames
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft

    Property

    Parking
    • Parking features: Assigned, Attached Carport, Concrete, Driveway, On Street
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Neighborhood, Ridge
    Lot
    • Size: 5,662.8 Square Feet
    • Features: Level
    Details
    • Parcel number: 895013
    • Zoning description: MD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Northwest
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Stemwall
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2024
    Details
    • Builder name: L & L Real Estate Development LLC

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Klamath Falls -Fairview Addition No. 2
    HOA
    • Has HOA: No
    Location
    • Region: Klamath Falls

    Financial & listing details

    • Price per square foot: $331/sqft
    • Annual tax amount: $190
    • Date on market: 4/2/2025
    • Listing terms: Cash,Conventional
    • Inclusions: Kitchen Appliances - including fridge, Washer/Dryer
    • Exclusions: Tenant personal property
    • Road surface type: Paved
    • Loading
    • Loading