2539 Kane Street

CASH DEAL

📍2539 Kane St, Klamath Falls, OR 97603

🏡 Rare opportunity to acquire two separate homes on a fully fenced 1.10-acre lot in desirable South Klamath Falls. Perfect for investors seeking multiple exit strategies, strong rental potential, or multigenerational living.

💰 Asking Price: $272,000 + CC + TC (Includes Purchase Price, Realtor Commission & Assignment Fee)

Property Details:
• Manufactured Home (1975): 3 Bed | 1 Bath | 1,220 SF
• Fully Remodeled Site-Built Home (1928): 1 Bed | 1 Bath | Approx. 800 SF
• Total: 4 Bedrooms | 2 Bathrooms
• 1.10 Acres (47,916 SF)
• RS Zoning
• NO HOA
• Public Water & Sewer
• Fully Fenced Lot with Fruit Trees, Shed & Pasture
• Mountain & Territorial Views

Investment Numbers:
💰 Estimated ARV: Up to $371,000
💵 Estimated Market Rent:
• 3/1 Manufactured Home: ~$1,650/mo
• 1/1 Remodeled Home: ~$1,150/mo
• Potential Gross Rental Income: ~$2,800/mo
🧾 Annual Property Taxes: Approx. $1,546

Highlights:
✅ Two separate residences on one parcel
✅ Approximately $99K spread to Estimated ARV before renovation costs
✅ Excellent Buy & Hold or BRRRR opportunity
✅ Live in one and rent the other, or lease both for maximum cash flow
✅ Large fenced lot with room for horses, livestock, equipment, or future improvements
✅ Quiet South Klamath Falls location
✅ Cash deal with quick closing available