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1209 Carlyle Street

Klamath Falls, OR 97601
  • $715,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 220198629
$715,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2024
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Ninebark Real Estate :.

Description

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.

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Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Keller Williams Realty Central Oregon are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Keller Williams Realty Central Oregon. Data last updated: .2025-04-28T23:43:42.323
www.myhomeincentraloregon.com/homes/162149704
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1209 Carlyle Street Klamath Falls, OR 97601

  • Price: $715,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: 220198629
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2024
Built
Neighborhood:
Klamath Falls -Fairview Addition No. 2
County:
Klamath
Area:
Klamath Falls
Elementary School:
Klamath Falls City Schools
Middle School:
Check With District
High School:
Check With District
Property Description
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.
Exterior Features

Architectural Style Northwest Attached Garage YN No Construction Materials Frame Exterior Features Deck Foundation Details Stemwall Lot Features Level Parking Features AssignedAttached CarportConcreteDrivewayOn Street Roof Composition Window Features ENERGY STAR Qualified WindowsVinyl Frames

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRangeRefrigeratorWasherWater Heater Basement None Cooling ENERGY STAR Qualified EquipmentHeat Pump Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Flooring Laminate Heating ENERGY STAR Qualified EquipmentOther Heating YN Yes Interior Features Ceiling Fan(s)Smart LightingSmart LocksSolid Surface CountersVaulted Ceiling(s) Levels One Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Square Footage 550 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Square Footage 550 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit4 Bedrooms 2 Unit4 Full Baths 1

Property Features

Accessibility Features [] Additional Parcels YN No Association Amenities [] Association YN No Building Area Total 2160 CCRs YN No Common Walls 2+ Common Walls Community Features Park Listing Terms CashConventional New Construction YN No Other Structures [] Property Sub Type Quadruplex Road Frontage Type [] Road Surface Type Paved Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 190.68 Tax Year 2024 Unit1 Monthly Rent 1500 Unit1 Rent Includes Garbage Yes Unit1 Status Leased Unit2 Monthly Rent 1350 Unit2 Rent Includes Garbage Yes Unit2 Status Leased Unit3 Monthly Rent 1400 Unit3 Rent Includes Garbage Yes Unit3 Status Leased Unit4 Monthly Rent 1350 Unit4 Rent Includes Garbage Yes Unit4 Status Leased View NeighborhoodRidge Water Source Public Waterfront Features [] Zoning Description MD

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Ninebark Real Estate :.

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Keller Williams Realty Central Oregon are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Keller Williams Realty Central Oregon. Data last updated: .2025-04-28T23:43:42.323
 
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Bend OR, 97702
Listing provided courtesy of Ninebark Real Estate :.