Turnkey 5-Unit Investment Opportunity! This well-maintained two-building apartment complex offers a consistent rental history and strong net income. The property features two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters--ideal for investors seeking reliable cash flow. Recent improvements include updated units and upgraded electrical panels, along with a shared coin-operated laundry and four garage parking spaces.
Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand.
2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$479,000 (USD)
Bonanza Area Farm / Ranch
Active
5370 Harpold Road Bonanza, OR 97623
3 Bed
2 Baths
1300 sqft
MLS# 220226418
Peaceful country living on 15.85 acres with 15 acres of water rights through Horsefly Irrigation District. According to the current owners, the property supports 12-15 cow/calf pairs or can produce approx. 40 tons of hay.
The well-maintained 3-bedroom, 2-bath home features a newer metal roof, laminate flooring throughout, double-pane vinyl windows, a newer heat pump and water heater, and a kitchen with granite countertops and a gas range. Two RV hook ups with electrical and water.
Ideal for horses or livestock, the property includes a barn with hay storage, tack room, 4 stalls with a holding pen and loading alley, plus a 20' x 30' metal shop/garage with a 12-foot door. A productive, move-in-ready country property offering comfort, functionality, and room to grow.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$479,000 (USD)
Bonanza Area Manufactured Home
Active
5370 Harpold Road Bonanza, OR 97623
3 Bed
2 Baths
1300 sqft
MLS# 220226421
Peaceful country living on 15.85 acres with 15 acres of water rights through Horsefly Irrigation District. According to the current owners, the property supports 12-15 cow/calf pairs or can produce approx. 40 tons of hay.
The well-maintained 3-bedroom, 2-bath home features a newer metal roof, laminate flooring throughout, double-pane vinyl windows, a newer heat pump and water heater, and a kitchen with granite countertops and a gas range. Two RV hook ups with electrical and water.
Ideal for horses or livestock, the property includes a barn with hay storage, tack room, 4 stalls with a holding pen and loading alley, plus a 20' x 30' metal shop/garage with a 12-foot door. A productive, move-in-ready country property offering comfort, functionality, and room to grow.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$475,000 (USD)
Klamath Falls Area Single Family Home
Active
27458 Rocky Point Road Klamath Falls, OR 97601
2 Bed
3 Baths
1620 sqft
MLS# 220223851
Nestled on approximately ½ acre in the peaceful community of Rocky Point, this 2-bedroom, 2.5-bath home is just steps from Rocky Point Resort and the public boat launch on Upper Klamath Lake, renowned for its trophy trout fishing. The chef's kitchen features an island, granite countertops, stainless steel appliances, and hand-hewn Amish wood flooring. The primary suite is on the main level, while upstairs offers a second bedroom, full bath, and bonus room/study that could easily serve as a third bedroom. Enjoy peek-a-boo lake views from the wrap-around deck and second-story balcony. Additional amenities include a detached garage with workshop/storage space and 220/50-amp service, backup generator, and laundry room. Remodeled in 2010 and ideally located near hiking, biking, canoeing, and bird watching, this property is the perfect year-round home or recreational retreat.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$460,000 (USD)
Klamath Falls Area Single Family Home
Active
3611 Boulder Lane Klamath Falls, OR 97603
3 Bed
3 Baths
1948 sqft
MLS# 220230178
Spacious 3-bedroom, 3-bath home featuring two primary suites and a desirable split floor plan! The open-concept layout offers soaring vaulted ceilings, abundant natural light, granite countertops, generous walk-in closets, and plenty of storage throughout. Situated on a .31-acre lot on a quiet dead-end street, this property features a fully fenced backyard, large covered concrete patio, and ample space for outdoor entertaining. The 3-car garage includes 220-volt electrical service, ideal for hobbies or projects. Additional highlights include RV parking, plenty of extra parking, and a large storage shed. With two primary suites, a functional floor plan, and exceptional storage and parking options, this property offers comfort, convenience, and versatility!
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$369,000 (USD)
Klamath Falls Area Single Family Home
Active
1345 Pacific Terrace Klamath Falls, OR 97601
2 Bed
2 Baths
1465 sqft
MLS# 220227227
Charming 2-bedroom, 1-bath home with quality updates and abundant character. Spacious living room features beautiful wood floors, wood-cased windows, built-ins, a beveled glass wood front door, and a Mendota electric fireplace. Remodeled kitchen includes new cabinetry, granite countertops with full-height granite backsplash, stainless steel appliances, a 700-degree pizza oven, and reverse osmosis water filtration system. Large finished attic offers two additional rooms with tall ceilings, built-in bookcases, and French doors, providing excellent space for a home office, bonus room, or potential third bedroom. Major improvements include a new roof and gutters (2025), complete foundation replacement on all four sides (2023), new retaining wall, extended concrete driveway, new concrete front steps, and metal railings. Upgraded electrical service with 220 service in the garage. Garage also features workshop space. Low-maintenance landscaping. Conveniently located near OIT and hospital.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$359,000 (USD)
Keno Area Single Family Home
Active
15531 Green Wing Loop Keno, OR 97627
3 Bed
2 Baths
1664 sqft
MLS# 220217711
Welcome home to this charming 3-bedroom, 2-bath retreat on a spacious corner lot surrounded by beautiful, mature pine trees. Peaceful and quiet, this property offers a warm and inviting feel inside and out.
You'll love the new vinyl plank and carpet flooring, vaulted ceilings, and desirable split floorplan. A separate living room and abundant windows create a bright, comfortable space filled with natural light.
The home also features a 2-car garage, RV parking, and a storage building--perfect for all your extra needs. A wonderful blend of comfort, functionality, and serene outdoor living.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$8,000 (USD)
Chiloquin Area Land
Active
Wrightwood Lot 17 Chiloquin, OR 97624
Bed
0 Baths
sqft
MLS# 220229577
Build Your Dream Escape Near Agency Lake!
Don't miss this rare opportunity to own .36 acres of bare land in the scenic Oregon Shores communityâ€''just moments from Agency Lake and offering stunning views of the Cascade Mountains. This peaceful setting is perfect for outdoor lovers, with world-class trophy trout fishing nearby on the renowned Williamson River.
The adjacent parcel is also available, giving you the option to expand your space and create a larger homesite, retreat, or investment property.
Enjoy the convenience of community amenities including snow removal and road maintenance. Whether you're planning a vacation home, a future full-time residence, or a smart land investment, this property delivers exceptional value in a spectacular location.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
$8,000 (USD)
Chiloquin Area Land
Active
Wrightwood Lot 16 Chiloquin, OR 97624
Bed
0 Baths
sqft
MLS# 220229578
Build Your Dream Escape Near Agency Lake!
Don't miss this rare opportunity to own .36 acres of bare land in the scenic Oregon Shores communityâ€''just moments from Agency Lake and offering stunning views of the Cascade Mountains. This peaceful setting is perfect for outdoor lovers, with world-class trophy trout fishing nearby on the renowned Williamson River.
The adjacent parcel is also available, giving you the option to expand your space and create a larger homesite, retreat, or investment property.
Enjoy the convenience of community amenities including snow removal and road maintenance. Whether you're planning a vacation home, a future full-time residence, or a smart land investment, this property delivers exceptional value in a spectacular location.
Listing Courtesy of Oregon Datashare / Listed By: Jody Carter, Windermere Real Estate Klamath Falls
Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand.
2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.