2215 Applegate Ave, Klamath Falls, OR, 97601
About This Home
Investment opportunity! This duplex offers two rental units with a combined 1,228 sq. ft. of living space, making it an excellent addition to an investment portfolio or an owner-occupant opportunity. Built in 1952 and situated on property zoned MD, this property provides flexibility and long-term potential. Each unit offers functional living space with separate rental income possibilities. Whether you're looking to generate steady cash flow, expand your real estate portfolio, or live in one unit while renting the other, this duplex presents an affordable opportunity. Conveniently located near local amenities, shopping, schools, and public transportation, this property is ready for its next owner to maximize its potential. Don't miss this chance to invest in income-producing real estate at an attractive price.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subType: Duplex,Multi Family
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Wood Frames
- Flooring: Hardwood,Laminate,Vinyl
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Electric,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 1,228
- Total interior livable area: 1,228 sqft
Property
Details
- Parcel number: 613081
- Zoning description: MD
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 6,098 sqft
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Klamath County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,087 | $13,044 |
| Home Insurance * | $94 | $1,128 |
| Property Taxes | $315 | $3,780 |
| Electricity | $176 | $2,119 |
| Total | $1,672 | $20,064 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-29 | Listed for sale | $215,000 |
View on Zillow