427 Martin St, Klamath Falls, OR, 97601
About This Home
Welcome to 427 Martin Street - a beautifully remodeled 1-bedroom, 1-bath home offering comfort, convenience, and investment potential. With 610 square feet of thoughtfully updated living space, this property is the perfect fit for a first-time homebuyer, downsizer, or investor seeking a turnkey rental opportunity. Recent improvements include new flooring, fresh interior and exterior paint, updated appliances, and numerous cosmetic upgrades throughout. The bright, inviting interior is complemented by excellent curb appeal, a mature shade tree, and a fully fenced yard that provides both privacy and outdoor enjoyment. Located directly across from a well-maintained neighborhood park, this home offers a peaceful setting while remaining conveniently close to shopping, restaurants, schools, and other everyday amenities. A detached garage provides additional storage, workspace, or parking options.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Refrigerator,Water Heater
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Flooring: Vinyl
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Electric,Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 610
- Total interior livable area: 610 sqft
Property
Details
- Parcel number: 417855
- Zoning description: A
- Special condition: Standard
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 2,613 sqft
Parking
- Total spaces: 1
- Parking features: Detached,Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Winter Weather
- Cold Wave
- Earthquake
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 | $833 | $9,996 |
| Home Insurance * | $72 | $864 |
| Property Taxes | $242 | $2,904 |
| Electricity | $176 | $2,119 |
| Total | $1,323 | $15,876 |
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 |
|---|---|---|
| 2026-08-17 | Price change | $159,900 |
| 2026-06-11 | Listed for sale | $164,900 |
| 2021-08-27 | Sold | $70,000 |
| 2021-06-30 | Pending sale | $85,000 |
| 2021-06-25 | Price change | $85,000 |
| 2021-05-22 | Listed for sale | $95,000 |
| 2018-04-12 | Listing removed | $55,000 |
| 2017-12-19 | Listed for sale | $55,000 |
| 2013-11-10 | Listing removed | $44,000 |
| 2013-06-27 | Price change | $44,000 |
| 2013-06-13 | Listed for sale | $45,000 |
| 1997-06-26 | Sold | $25,500 |
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