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




