Price cut $50K
$275,000
1/53 BD · 2.5 BA · 1,725 SF · 0.1 AC
4815 Falcon Drive
Klamath Falls, OR 97601
#220221756 01 / 49
Pending
$275,000
118 Nevada Street
Klamath Falls, OR 97601 · Klamath Falls -Buena Vista Addition
- Beds
- 4
- Baths
- 2
- Sq ft
- 1,620
- Acres
- 0.15
- Built
- 1976
- $/SF
- $170
Est. $1,682/mo~197 min to downtown Bend (approx.)
Listing by Ford Real Estate · 541-773-2088
MLS# 220228917 · Pending
01
About this home
Duplex Opportunity with Income, Privacy & Flexibility Whether you're looking to build your rental portfolio or live in one unit while generating income from the other, 118-120 Nevada St. offers flexibility and value. Each 810 sq. ft. unit features 2 bedrooms, 1 bathroom, a 1-car garage, fenced backyard and newer deck. Both units were updated in 2018 and are occupied by long-term tenants,currently generating $1,950/month in combined rental income. Situated on a 0.15-acre lot, this property offers the convenience of manageable ownership with the added benefit of fenced outdoor space and garage parking for each unit. Located in Klamath Falls with convenient access to shopping, dining, parks and outdoor recreation. A great opportunity to offset your mortgage with rental income or add a well-established property to your investment portfolio with this practical duplex package.
02
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03
Price history
19 days, no changes| Date | Event | Price |
|---|---|---|
| Sep 17, 2026 | Listed for sale | $275,000 |
From the MLS: original list price and latest price change. 19 days on market.
04
Drive times
~197 min to downtown Bend- Sunriver Village~177 min · 149 mi
- Mt. Bachelor~186 min · 156.4 mi
- Old Mill District~196 min · 165.4 mi
- Downtown Bend~197 min · 166.4 mi
- St. Charles Bend~199 min · 168.2 mi
- Sisters~218 min · 185 mi
- Redmond Airport (RDM)~219 min · 185.9 mi
- Smith Rock State Park~231 min · 195.9 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1976- Type
- Single Family Residence
- Year built
- 1976
- Stories
- 1
- Garage
- 2 spaces
- Lot
- 0.15 AC · 6,534 SF
- Price / SF
- $170
- HOA
- None reported
- Taxes
- $2,264/yr
- Subdivision
- Klamath Falls -Buena Vista Addition
- County
- Klamath
- Days on market
- 19
- MLS #
- 220228917
- Appliances
- Dishwasher · Disposal · Oven · Range · Refrigerator
- Flooring
- Carpet · Laminate
- Heating
- Electric
- Parking
- Attached · Shared Driveway
- Construction
- Block · Frame
- Roof
- Composition
06
Location & schools
Klamath Falls -Buena Vista Addition42.2393° N · 121.7996° W
Directions- Elementary
- Pelican Elem
- Middle
- Ponderosa Middle
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$1,682/mo$1,682/mo
$220,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,391
- Property tax (listing)
- $189
- Home insurance (est.)
- $103
20% · $55,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220226277Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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