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1146 Pine St, Klamath Falls, OR, 97601

3beds
2baths
2,737sqft
$375,000
$137price/sqft
$2,850/moest. monthly cost
$114,000/yrincome needed

About This Home

Uniquely versatile property zoned commercial with residential use, offering endless possibilities in a prime downtown location! Spanning three levels, this distinctive building features two separate units and three full kitchens, providing flexibility for multi-use living, rental income, or business operations. The mid-level was previously used for commercial food prep—great for catering, retail, or creative ventures. An ADA-accessible ramp leads to the main entrance. Enjoy convenient on-street parking plus a large private parking lot in back. A rare opportunity to own a flexible live/workspace with character and potential in the heart of town!

Getting Around

83
WalkingVery Walkable
28
TransitSome Transit
57
BikeBikeable

Schools

7/10
5/10
5/10
Klamath Union High SchoolGrades 9-120.1 mi

Construction

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Cooktop,Refrigerator,Water Heater

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Full bathrooms: 2

Features

  • Shower/Tub Combo,Solid Surface Counters,Tile Counters
  • Flooring: Carpet,Tile,Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,737
  • Total interior livable area: 2,737 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 371243
  • Zoning description: GC
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Covered

Lot

  • Lot size: 4,791 sqft

Parking

  • Parking features: Alley Access,Asphalt,Detached Carport,On Street,Parking Lot
  • Has uncovered spaces: Yes
  • Carport: 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 $1,896$22,752
Home Insurance *$164$1,968
Property Taxes $542$6,504
Electricity $248$2,980
Total$2,850$34,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,714/yr
40% on housing$85,500/yr
45% on housing$76,000/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

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 97601$175
Klamath County$221

vs Homes Sold Last Month

Median $/sqft

ZIP 97601$203
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)

No zestimate history available

Price History

DateEventPrice
2025-07-29Listed for sale$375,000
1999-04-29Sold$90,000

For Sale by Agent

AgentDanae Lasalle
BrokerageFisher Nicholson Realty, LLC

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