1433 Lakeview AVE Klamath Falls, OR - Image 11433 Lakeview AVE Klamath Falls, OR - Image 21433 Lakeview AVE Klamath Falls, OR - Image 31433 Lakeview AVE Klamath Falls, OR - Image 41433 Lakeview AVE Klamath Falls, OR - Image 51433 Lakeview AVE Klamath Falls, OR - Image 6

$729,000

2 Beds 1 Baths 2,360 SQFT 0.12 Acres
Type: Multi-Family

1433 Lakeview AVE
Klamath Falls, OR 97601

MLS#: 675189860
Cindy Seibt
Cindy Seibt
Premiere Property Group
Broker
Phone: 503.997.0108
Office: 503.670.9000
Presented by: Knipe Realty ERA Powered - 503-201-8537

Property Description

 

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.


 

Interior Features

Bedrooms

Unit 1 Beds Total2

Bathrooms

Unit 1 Baths Total1

Other Interior Features

UnitType1ActualRent1500
UnitType1FeaturesAirConditioning, Dishwasher, Disposal, WasherDryer
UnitType1UnitsTotal4
FuelDescriptionElectricity
BasementCrawlSpace
Hot WaterTank
Unit TypeUnitTypeType1

General

Accessory Dwelling Unit Y/NN
AttributionContact503-201-8537
CityKlamathFalls
CoolingMiniSplit
CountyKlamath
DirectionsLakeview Ave south of Fulton Street
Elementary SchoolJoseph Conger
Garage Spaces0
Gross Income0
HOANo
HeatingMiniSplit, WallHeater
High SchoolKlamath Union
Legal DescriptionFAIRVIEW #2, BLOCK 14, LOT 11
Listing TermsCallListingAgent, Cash, Conventional
Lot Size Square Feet5,227 sqft
MLS Area_300
Middle/Junior High SchoolPonderosa
Net Operating Income0
Number Of Units Total4
Operating Expense0
Parcel Number301,471
Property ConditionUnderConstruction
Property TypeMultiFamily
Rent IncludesNone
RoofComposition
Security FeaturesSecurityLights, Sidewalk
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount$217
Tax Year2025
Year Built2026
ZoningMD

Exterior

Building Area Total2,360 sqft
Exterior DescriptionCementSiding
Foundation DetailsConcretePerimeter
Lot Dimensions50 x 110
Lot FeaturesPublicRoad
Lot Size Acres0.12
Parking FeaturesDriveway, OffStreet
Road Surface TypePaved
Total Parking4.0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Klamath Union High School
Middle School Ponderosa Middle School
Elementary School Joseph Conger Elementary School

  

Similar Properties

$729,000

2 Beds 1 Baths 2,360 SQFT 0.12 Acres
Type: Multi-Family

1433 Lakeview AVE
Klamath Falls, OR 97601

MLS#: 675189860
Cindy Seibt
Cindy Seibt
Premiere Property Group
Broker
Phone: 503.997.0108
Office: 503.670.9000