Date
Details
Price
Change
Source
2/05/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/29
$695,000
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Property Description
Value-add mixed-use investment with strong income and upside potential. Located on a 17,424 square foot lot, this 12,742 square foot property features four ground-level commercial units and eight residential apartments, supported by ample on-site parking. Currently, four residential units generate $37,272 in annual gross income. With lease-up of remaining apartments at an estimated $900/month and stabilization of commercial space at approximately $0.75 per square foot, projected gross income increases to $127,000 annually. The commercial units offer immediate improvement potential through clean-up and cosmetic updates, enhancing tenant appeal and rental rates. Additionally, the property may offer future redevelopment or full residential conversion potential (buyer to verify), creating further opportunities for appreciation and long-term cash flow. Ideal for investors seeking a scalable asset with multiple exit strategies and strong near-term and long-term returns.
Full Property Details
Full Property Details for 917 E Main St
General
- Price: $695,000
- Taxes: $7,832 (2025)
- Status: Active
- Type: Commercial Service
- Source: ODS
- MLS ID: 220214847
- Updated: 3/24/2026
- Added to Site: 42 day(s) ago
Interior
- Flooring: Carpet, Concrete, Vinyl
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Parking
- Total Spaces: 25
- Parking Features: Asphalt, On Street, Parking Lot
- Parking: Primary Suite
Location
- Area: 12742
- County: Klamath
- Cross Streets: Applegate Avenue
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless, Evaporative Cooling
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Frame
- Foundation: Slab
- Roof: Membrane
- Common Walls: No Common Walls
- Stories/Levels: 2
- Square Feet: 12,742
- Sq. Ft. Source: Assessor
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Neighborhood, Territorial
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Street/Road Desc.: Paved
- Lot Features: Corner Lot, Level
- Zoning: Nc, md
Financial Considerations
- Price Per Sq. Ft.: $54.54
- Tax Amount: $7,832.41
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Insurance, Interior Maintenance, Repairs, Taxes, Water, Other
- Tenant Pays: Electricity, Sewer
Disclosures and Reports
- Special Conditions: Third Party Approval
- APN: 612938
- Section: Not Applicable
- Lot Number: 685-687
Listed by Windermere Van Vleet & Assoc2 (541) 779-6520, Steven W Parmelee (541) 821-2955 and Windermere Van Vleet & Assoc2 (541) 779-6520, Sally Harrington (541) 727-1700
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 917 E Main St —
Steven W Parmelee
Windermere Van Vleet & Assoc2
541-779-6520
Sally Harrington
Windermere Van Vleet & Assoc2
541-779-6520
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 917 E Main St
School District:Klamath Falls City Schools
| Name | Grades | Distance |
|---|---|---|
Mills Elementary School 520 East Main Street, Klamath Falls, OR 97601 | K-5 | 0.3 mi |
Ponderosa Junior High School 2554 Main Street, Klamath Falls, OR 97601 | 6-8 | 0.5 mi |
Klamath Union High School 1300 Monclaire Street, Klamath Falls, OR 97601 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 917 E Main St
Estimate the Cost
Estimate the Cost for 917 E Main St
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917 E Main Street, Klamath Falls, OR 97601 (MLS# 220214847) is a Commercial Service property. 917 E Main Street is currently listed for $695,000 and was received on March 24, 2026. Want to learn more about 917 E Main Street? Do you have questions about finding other Commercial Service real estate for sale in Lake Shore Gardens? You can browse all Lake Shore Gardens real estate or contact a Coldwell Banker agent to request more information.