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Listed by Ninebark Real Estate
$ 715,000
Est. payment | /mo
2,160 SqFt
$ 715,000
Est. payment | /mo
2,160 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $331
MLS Listing ID 463577623
Year Built 2024
Annual Tax Amount $190
Tax Year 2024
Lot Size 5,662 Sqft
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. Don't miss your chance to own one of the few new-build quadplexes in the area—modern finishes, strong cash flow, and a prime location make this an ideal investment!
Location
State OR
County Klamath
Area _300
Zoning MD
Interior
Heating Wall Heater
Cooling Heat Pump, Mini Split
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Foundation Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Middle Schools Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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