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1827 Summers Ln, Klamath Falls, OR, 97603

5beds
2baths
1,941sqft
$315,000
$162price/sqft
$2,198/moest. monthly cost
$87,920/yrincome needed

About This Home

Incredible opportunity for a home buyer to purchase a property with two homes on it, live in one and rent out the other! Also a fantastic opportunity for investors to pickup a turn key income producing property. Each home has their own driveway and fenced yard. The front home, built in 1930 and 945 sq ft, is a 2 bedroom, 1 bathroom home. Very functional layout. Currently rented for $1,250 a month to long term tenants on a month to month basis. The rear home , built in 1972 and 996 sq ft, is a 3 bedroom, 1 bathroom that was just remodeled and is currently vacant. The living space in this unit is open concept. Both units have gas heat for efficiency. Book your showing today!

Getting Around

54
WalkingSomewhat Walkable
24
TransitMinimal Transit
57
BikeBikeable

Schools

2/10
Mills Elementary SchoolGrades K-51.7 mi
5/10
5/10
Klamath Union High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Block
  • Roof: Composition,Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Range,Refrigerator,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Features

  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Baseboard,Electric,Natural Gas,Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 945
  • Total interior livable area: 1,941 sqft

Property

Details

  • Parcel number: 516338
  • Zoning description: RS
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.40 Acres
  • Features: Level

Parking

  • Parking features: Driveway,Gravel,RV Access/Parking
  • 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
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Earthquake

FEMA Declared Disasters in Klamath County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $1,592$19,104
Home Insurance *$102$1,224
Property Taxes $328$3,936
Electricity $176$2,119
Total$2,198$26,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,360/yr
40% on housing$65,940/yr
45% on housing$58,613/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

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.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 97603$194
Klamath County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 97603$210
Klamath County$207

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

DateEventPrice
2026-04-25Listed for sale$315,000
2026-04-01Listing removed$330,000
2025-10-06Price change$330,000
2025-09-20Listed for sale$350,000
2025-08-23Listing removed$350,000
2025-08-04Listed for sale$350,000
2025-08-02Listing removed$350,000
2025-03-31Listed for sale$350,000
2025-03-01Listing removed$350,000
2024-09-04Listed for sale$350,000
2024-07-18Listing removed--
2024-05-22Listed for sale$350,000
2024-05-22Pending sale$350,000
2023-05-08Price change$350,000
2022-08-11Listed for sale$380,000
2021-08-03Listing removed--
2021-07-05Price change$339,900
2021-06-07Listed for sale$369,900
2016-05-10Sold$80,000
2015-08-04Listing removed$550
2015-07-23Listed for rent$550
2014-07-19Listing removed$550
2014-06-18Listed for rent$550

For Sale by Agent

AgentLauren Horn
BrokerageFisher Nicholson Realty, LLC

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