Real Estate Investment Properties for Sale in Klamath Falls, OR

Looking for investment property in Klamath Falls, OR with high ROI ?

Explore a variety of short-term homes & houses in Klamath Falls, OR. Invest wisely with VRBO & Klamath Falls, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Klamath Falls, OR

Search for Townhouses for Sale in Klamath Falls, Oregon. Browse all of Mashvisor’s Townhouses listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 379 Townhouses listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10509 Waxwing Court Klamath Falls, OR PANORAMIC WATER VIEWS WELCOME YOU TO THIS MODERN SINGLE-LEVEL HOME AT THE RUNNING Y RESORT...	3 beds \| 2 baths \| 2,675 sq.ft.	$885,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.63% Airbnb Rental Income: $1459 Traditional Rental Income: $3779 Airbnb ROI: -0.71% Traditional ROI: 2.63%
4647 Marsh Hawk Drive Klamath Falls, OR Successful Rental - 3 Bedroom Chalet at the Running Y- Furnished and ready for your ''res...	3 beds \| 2 baths \| 1,543 sq.ft.	$370,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.33% Airbnb Rental Income: $1459 Traditional Rental Income: $2684 Airbnb ROI: -0.44% Traditional ROI: 4.33%
300 Mt Pitt Street Klamath Falls, OR Come home to stunning views of Klamath Lake and surrounding mountains in this well-maintai...	3 beds \| 2 baths \| 1,366 sq.ft.	$310,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 7.97% Airbnb Rental Income: $1459 Traditional Rental Income: $2949 Airbnb ROI: 1.38% Traditional ROI: 7.97%
2427 Eberlein Avenue Klamath Falls, OR Cute as can be! Three bed and one bath, very well kept home on a spacious lot. A Bonus Roo...	3 beds \| 1 baths \| 1,317 sq.ft.	$229,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 8.48% Airbnb Rental Income: $1459 Traditional Rental Income: $2337 Airbnb ROI: 2.44% Traditional ROI: 8.48%
1335 Lakeview Avenue Klamath Falls, OR This sunny Southern Oregon home features exceptional build quality and a smart, spacious l...	2 beds \| 2 baths \| 1,664 sq.ft.	$350,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.32% Airbnb Rental Income: $1345 Traditional Rental Income: $2649 Airbnb ROI: 1.1% Traditional ROI: 6.32%
2106 Dawn Drive Klamath Falls, OR Placed atop Klamath Falls' east hills with sensational views of the Cascade Mountains, thi...	3 beds \| 2 baths \| 1,534 sq.ft.	$320,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 7.34% Airbnb Rental Income: $1459 Traditional Rental Income: $2781 Airbnb ROI: 1.51% Traditional ROI: 7.34%
12575 Highway 66 Klamath Falls, OR Dreaming of wide-open space with endless possibilities? This charming farmstead delivers. ...	2 beds \| 1 baths \| 1,807 sq.ft.	$489,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.97% Airbnb Rental Income: $1345 Traditional Rental Income: $1998 Airbnb ROI: 0.64% Traditional ROI: 2.97%
10211 Old Fort Road Klamath Falls, OR Spacious 2,836 sq ft Engineered Metal A- Frame home with a metal shake roof, and blue prin...	3 beds \| 3 baths \| 2,836 sq.ft.	$525,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.66% Airbnb Rental Income: $1459 Traditional Rental Income: $2580 Airbnb ROI: 0.49% Traditional ROI: 3.66%
1624 Portland Street Klamath Falls, OR Endless opportunities!! This home has fresh updates including a whole bathroom remodel, wa...	3 beds \| 4 baths \| 2,053 sq.ft.	$350,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 10.54% Airbnb Rental Income: $1459 Traditional Rental Income: $4190 Airbnb ROI: 0.92% Traditional ROI: 10.54%
5040 Swallow Court Klamath Falls, OR GREAT PRICE AND LOCATION - DUPLEX TOWNHOME WITH GARAGE AT THE RUNNING Y RESORT! Painted c...	3 beds \| 4 baths \| 1,940 sq.ft.	$419,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 5.55% Airbnb Rental Income: $1459 Traditional Rental Income: $3685 Airbnb ROI: -1.22% Traditional ROI: 5.55%
6338 Katie Lane Klamath Falls, OR 4 bedroom 2 bath home is located in the suburbs on a nice corner lot. This property has so...	4 beds \| 2 baths \| 1,809 sq.ft.	$299,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 8.88% Airbnb Rental Income: $2405 Traditional Rental Income: $3070 Airbnb ROI: 4.44% Traditional ROI: 8.88%
2530 Wantland Avenue Klamath Falls, OR Welcome to your cozy retreat! This delightful 2 bedroom, 1 bath home is perfect for first-...	2 beds \| 1 baths \| 846 sq.ft.	$215,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 8.11% Airbnb Rental Income: $1345 Traditional Rental Income: $2082 Airbnb ROI: 2.47% Traditional ROI: 8.11%
633 Upham Street Klamath Falls, OR Really Charming 2 bedroom 1 bath home !All of the updates have been completed and you can...	2 beds \| 1 baths \| 1,032 sq.ft.	$225,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 8.13% Airbnb Rental Income: $1345 Traditional Rental Income: $2145 Airbnb ROI: 2.44% Traditional ROI: 8.13%
13458 Cedar Trail Klamath Falls, OR Where the Deer Roam- Located on 5 peaceful acres in Cedar Trails this Single Level 2820 sq...	4 beds \| 2 baths \| 2,820 sq.ft.	$571,700	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.17% Airbnb Rental Income: $2405 Traditional Rental Income: $3871 Airbnb ROI: 1.32% Traditional ROI: 5.17%
4625 Laverne Avenue Klamath Falls, OR Incredible opportunity with the single story three bedroom two bath recently updated home!...	3 beds \| 2 baths \| 1,525 sq.ft.	$379,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 7.64% Airbnb Rental Income: $1459 Traditional Rental Income: $3309 Airbnb ROI: 1.22% Traditional ROI: 7.64%
4791 Pine Grove Road Klamath Falls, OR Location Location Location!!!Super cute 2 bedroom 1 bath on 1.1 acres in Pine Grove. 25X3...	2 beds \| 1 baths \| 812 sq.ft.	$259,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 7.08% Airbnb Rental Income: $1345 Traditional Rental Income: $2195 Airbnb ROI: 1.91% Traditional ROI: 7.08%
1201 Front Street Klamath Falls, OR This exceptional 4-bedroom, 3-bathroom residence--featuring two primary suites--offers a b...	4 beds \| 3 baths \| 2,720 sq.ft.	$499,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 7.19% Airbnb Rental Income: $2405 Traditional Rental Income: $4401 Airbnb ROI: 1.65% Traditional ROI: 7.19%
635 Wildland Drive Klamath Falls, OR Hard to find turnkey 4 bedroom home in desirable Quail Point Estates! Well maintained and ...	4 beds \| 2 baths \| 1,825 sq.ft.	$399,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 3.59% Airbnb Rental Income: $2405 Traditional Rental Income: $2230 Airbnb ROI: 2.48% Traditional ROI: 3.59%
5257 Amberview Lane Klamath Falls, OR This home is located in the beautiful Pheasant Run subdivision. It has 3 bedrooms, 2 bathr...	3 beds \| 2 baths \| 2,097 sq.ft.	$319,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.78% Airbnb Rental Income: $1459 Traditional Rental Income: $2150 Airbnb ROI: 1.03% Traditional ROI: 4.78%
26842 Forest Park Lane Klamath Falls, OR Tucked beneath the tall pines of Rocky Point, this one-of-a-kind property offers endless o...	2 beds \| 1 baths \| 721 sq.ft.	$290,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 5.99% Airbnb Rental Income: $1345 Traditional Rental Income: $2068 Airbnb ROI: 1.83% Traditional ROI: 5.99%
4621 Alt Court Klamath Falls, OR This two bedroom and two bath home has had a lot of updating done to it in the past few ye...	2 beds \| 2 baths \| 1,344 sq.ft.	$175,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 11.31% Airbnb Rental Income: $1345 Traditional Rental Income: $2266 Airbnb ROI: 3.31% Traditional ROI: 11.31%
2025 Lawrence Street Klamath Falls, OR Charming 4 bedroom, 2 bathroom, beautifully maintained house off of Pacific Terrace. Thre...	4 beds \| 2 baths \| 1,530 sq.ft.	$335,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 5.65% Airbnb Rental Income: $2405 Traditional Rental Income: $2453 Airbnb ROI: 3.62% Traditional ROI: 5.65%
3922 Gregory Drive Klamath Falls, OR Move-In Ready 3 Bed, 2 Bath with Bonus Room - Great Location!This updated home has it all ...	3 beds \| 2 baths \| 1,646 sq.ft.	$349,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 7.39% Airbnb Rental Income: $1459 Traditional Rental Income: $2993 Airbnb ROI: 1.39% Traditional ROI: 7.39%
4813 Falcon Drive Klamath Falls, OR One of a kind townhome with great water and mountain views. The exceptional 3 bedroom 2.5...	3 beds \| 3 baths \| 1,725 sq.ft.	$379,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 4.23% Airbnb Rental Income: $1459 Traditional Rental Income: $2916 Airbnb ROI: -1.08% Traditional ROI: 4.23%
8111 Highway 66 Klamath Falls, OR Charming home with great river and valley views! Country feel just minutes from town! Welc...	3 beds \| 3 baths \| 2,464 sq.ft.	$435,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 8.18% Airbnb Rental Income: $1459 Traditional Rental Income: $4024 Airbnb ROI: 0.82% Traditional ROI: 8.18%
1117 Riverside Drive Klamath Falls, OR This property is a hidden gem with a lot of potential! With over 8 acres, there's plenty o...	2 beds \| 2 baths \| 1,242 sq.ft.	$400,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.68% Airbnb Rental Income: $1345 Traditional Rental Income: $2438 Airbnb ROI: 0.66% Traditional ROI: 4.68%
2545 Darrow Avenue Klamath Falls, OR Come take a look at this delightful 2-bedroom, 1-bathroom home that offers more than just ...	2 beds \| 1 baths \| 1,136 sq.ft.	$369,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 6.5% Airbnb Rental Income: $1345 Traditional Rental Income: $2898 Airbnb ROI: 0.82% Traditional ROI: 6.5%
2080 Etna Street Klamath Falls, OR Welcome to this charming well-kept 3 bedroom, 1 bathroom home located in a quiet south sub...	3 beds \| 1 baths \| 1,371 sq.ft.	$264,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 8.19% Airbnb Rental Income: $1459 Traditional Rental Income: $2537 Airbnb ROI: 2.13% Traditional ROI: 8.19%
5814 Harlan Drive Klamath Falls, OR This charming three-bedroom, two-bathroom home is a fantastic choice for anyone looking fo...	3 beds \| 2 baths \| 1,487 sq.ft.	$329,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 4.85% Airbnb Rental Income: $1459 Traditional Rental Income: $2067 Airbnb ROI: 1.5% Traditional ROI: 4.85%
1073 Timber Ridge Loop Klamath Falls, OR Welcome to this beautifully maintained home in the highly sought after Ridgewater neighbor...	2 beds \| 3 baths \| 1,473 sq.ft.	$550,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.98% Airbnb Rental Income: $1345 Traditional Rental Income: $2830 Airbnb ROI: -0.72% Traditional ROI: 2.98%
1180 Crescent Avenue Klamath Falls, OR Super cute craftsman home with 11 FT ceilings, in an ideal location, downtown Klamath Fal...	3 beds \| 2 baths \| 1,284 sq.ft.	$259,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 9.71% Airbnb Rental Income: $1459 Traditional Rental Income: $2829 Airbnb ROI: 2.33% Traditional ROI: 9.71%
1210 Wild Plum Drive Klamath Falls, OR Drive by this gem and then call for appt. The entry is only the beginning. This custom des...	3 beds \| 3 baths \| 3,045 sq.ft.	$668,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 4.69% Airbnb Rental Income: $1459 Traditional Rental Income: $4139 Airbnb ROI: -0.3% Traditional ROI: 4.69%
5705 Casa Way Klamath Falls, OR Clean turn-key single story home located on a quiet street. New roof as well as a new hvac...	3 beds \| 1 baths \| 1,069 sq.ft.	$262,500	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.25% Airbnb Rental Income: $1459 Traditional Rental Income: $1539 Airbnb ROI: 2.18% Traditional ROI: 4.25%
5841 N Hills Drive Klamath Falls, OR Discover your dream home in the coveted North Hills neighborhood! This spacious 4-bedroom ...	4 beds \| 2 baths \| 2,064 sq.ft.	$439,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 5.66% Airbnb Rental Income: $2405 Traditional Rental Income: $3281 Airbnb ROI: 2.1% Traditional ROI: 5.66%
6754 Willet Way Klamath Falls, OR Running Y home near the lake! This beautiful, furnished 4-bedroom, 2.5 bath home features...	4 beds \| 3 baths \| 2,558 sq.ft.	$625,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.61% Airbnb Rental Income: $2405 Traditional Rental Income: $3982 Airbnb ROI: 0.89% Traditional ROI: 4.61%
5738 Judy Court Klamath Falls, OR On a spacious corner lot in one of Klamath Falls' most sought-after areas, this 3 bedroom,...	3 beds \| 2 baths \| 1,999 sq.ft.	$400,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 6.73% Airbnb Rental Income: $1459 Traditional Rental Income: $3366 Airbnb ROI: 0.49% Traditional ROI: 6.73%
11711 Turnstone Drive Klamath Falls, OR This beautifully maintained single-level 3-bedroom home with an office is nestled on a woo...	3 beds \| 2 baths \| 2,067 sq.ft.	$539,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.6% Airbnb Rental Income: $1459 Traditional Rental Income: $3447 Airbnb ROI: -0.2% Traditional ROI: 4.6%
4093 Round Lake Road Klamath Falls, OR Nicely updated 3 bedroom/2 bath home situated on over 4 acres off scenic Round Lake Rd. Ho...	3 beds \| 2 baths \| 1,952 sq.ft.	$475,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.64% Airbnb Rental Income: $1459 Traditional Rental Income: $3175 Airbnb ROI: 0.8% Traditional ROI: 5.64%
5420 Maryland Avenue Klamath Falls, OR Nice big open floorplan with low maintenance yard. Flower beds are all on drip. An extende...	4 beds \| 3 baths \| 1,805 sq.ft.	$320,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 8.93% Airbnb Rental Income: $2405 Traditional Rental Income: $3311 Airbnb ROI: 3.96% Traditional ROI: 8.93%
26627 Forest Park Lane Klamath Falls, OR Welcome to your tranquil escape in the heart of Rocky Point! Nestled among towering pines ...	2 beds \| 2 baths \| 1,450 sq.ft.	$410,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.06% Airbnb Rental Income: $1345 Traditional Rental Income: $2508 Airbnb ROI: 0.96% Traditional ROI: 5.06%

Your search for investment property begins and ends here

Townhouses for Sale in Klamath Falls, OR

10509 Waxwing Court

Klamath Falls, OR

3 beds | 2 baths | 2,675 sq.ft.

$885,000

Airbnb cash on cash: -0.71%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1459

Traditional Rental Income: $3779

Airbnb ROI: -0.71%

Traditional ROI: 2.63%

4647 Marsh Hawk Drive

Klamath Falls, OR

3 beds | 2 baths | 1,543 sq.ft.

$370,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 4.33%

Airbnb Rental Income: $1459

Traditional Rental Income: $2684

Airbnb ROI: -0.44%

Traditional ROI: 4.33%

300 Mt Pitt Street

Klamath Falls, OR

3 beds | 2 baths | 1,366 sq.ft.

$310,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 7.97%

Airbnb Rental Income: $1459

Traditional Rental Income: $2949

Airbnb ROI: 1.38%

Traditional ROI: 7.97%

2427 Eberlein Avenue

Klamath Falls, OR

3 beds | 1 baths | 1,317 sq.ft.

$229,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 8.48%

Airbnb Rental Income: $1459

Traditional Rental Income: $2337

Airbnb ROI: 2.44%

Traditional ROI: 8.48%

1335 Lakeview Avenue

Klamath Falls, OR

2 beds | 2 baths | 1,664 sq.ft.

$350,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $1345

Traditional Rental Income: $2649

Airbnb ROI: 1.1%

Traditional ROI: 6.32%

2106 Dawn Drive

Klamath Falls, OR

3 beds | 2 baths | 1,534 sq.ft.

$320,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 7.34%

Airbnb Rental Income: $1459

Traditional Rental Income: $2781

Airbnb ROI: 1.51%

Traditional ROI: 7.34%

12575 Highway 66

Klamath Falls, OR

2 beds | 1 baths | 1,807 sq.ft.

$489,900

Airbnb cash on cash: 0.64%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $1345

Traditional Rental Income: $1998

Airbnb ROI: 0.64%

Traditional ROI: 2.97%

10211 Old Fort Road

Klamath Falls, OR

3 beds | 3 baths | 2,836 sq.ft.

$525,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1459

Traditional Rental Income: $2580

Airbnb ROI: 0.49%