Lakeview Apartments presents an exceptional opportunity to acquire a newly constructed single-story four-unit multifamily investment property in a quiet residential area of Klamath Falls. Currently under construction with anticipated completion in August 2026, the property is designed to offer modern, efficient living with strong rental appeal, low-maintenance ownership, and strong income potential, with a proforma cap rate of over 7%. An ideal turn-key investment with one-year builder warranty.The investment offers flexibility for both investors and owner-occupants alike with the opportunity to potentially occupy one unit while utilizing residential owner-occupier financing options.
| MLS # | 675189860 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 124 |
| Listing Provided By | Knipe Realty ERA Powered | Daniel Silvey |
| SQ Feet | 2,360 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Units | 4 |
| Zoning | MD |
| Acreage | 0.12 |
| Heating | Mini Split, Wall Heater |
|---|---|
| Heating Yn | Yes |
| Cooling | Mini Split |
| Cooling Yn | Yes |
| Roof | Composition |
|---|---|
| Security Features | Security Lights, Sidewalk |
| Foundation Details | Concrete Perimeter |
| Lot Features | Public Road |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Driveway, Off Street |
| Property | 217 |
|---|
| State | OR |
|---|---|
| County | Klamath |
| City | KlamathFalls |
| Zip Code | 97601 |
| School District | Klamath Union |
| Elementary School | Joseph Conger |
| High School | Klamath Union |
| Listing VS Median (in 97601) | |
Price: $729,000 low | high Med: $679,500 sqft: 2,360 low | high Med: 4,180 $ / sqft: $309 low | high Med: $207 On site: 124 low | high Med: 98.5 | |
| State | OR |
|---|---|
| County | Klamath |
| City | KlamathFalls |
| Zip Code | 97601 |
| School District | Klamath Union |
| Elementary School | Joseph Conger |
| High School | Klamath Union |
| Listing VS Median (in 97601) | |
Price: $729,000 low | high Med: $679,500 sqft: 2,360 low | high Med: 4,180 $ / sqft: $309 low | high Med: $207 On site: 124 low | high Med: 98.5 | |