👑 Klamath Falls Flip Opportunity | 2,300+ Sqft Fixer 👑
Price: $165,000
Estimated Resale: $380,000+ after repairs (comps support up to $415,000)
Rehab Estimate: $100,000–$110,000
2448 Redwood Dr, Klamath Falls 97601
3 Beds | 2 Baths | 2,324 Sqft | Attached Garage | 0.23-Acre Lot
This is a solid flip opportunity in Klamath Falls with over 2,300 sqft and strong upside for the right investor. With an estimated resale around $380,000 or more after repairs—and comparable sales supporting values up to $415,000—there’s a great spread here and plenty of room to force value. The footprint is strong, the layout makes sense, and the attached garage, large fenced yard, wood-burning fireplace, and location near schools, Lake Ewauna, and Upper Klamath Lake make it an easy resale on the back end. This is the kind of project where a clean renovation can create a strong profit without overcomplicating the deal.
Property Needs
New roof
New flooring
Some exterior siding repair
Interior paint + odor-block treatment
Drywall repair
Landscaping cleanup
Fence repair or replacement
New kitchen cabinets
Kitchen modernization
Bathroom updates / modernization
General cosmetic cleanup throughout
Deal Breakdown
Purchase Price: $165,000
Rehab: $100,000–$110,000
Buyer’s Agent Commission (2.5%): $9,500
Listing Side – 1.5% List Back with Local Brokerage: $5,700
Closing Costs / Title / Escrow: $10,000
Holding Costs (4 Months @ $3,000/mo): $12,000
Total Project Cost
Approximate Total Investment: $302,200 – $312,200
Estimated Profit at $380,000 Resale or more (see comps up to 415K)
Approximate Net Profit: $67,800 – $77,800
This is a clean flip with strong margin, reduced selling costs through the 1.5% list-back, and enough spread to justify the full renovation while still leaving solid profit on the back end.
ARV Comps:
https://www.zillow.com/homedetails/745-N-Eldorado-Ave-Klamath-Falls-OR-97601/450007166_zpid/ – Clean but not updated; Sold for $375K on 9/30/25
https://www.zillow.com/homedetails/2218-Autumn-Ave-Klamath-Falls-OR-97601/84576421_zpid/ – New but smaller semi updated; Sold for $392K on 6/24/25
https://www.zillow.com/homedetails/4443-Day-Dr-Klamath-Falls-OR-97603/75167220_zpid/ – Not updated; Sold for $354K on 4/10/26
https://www.zillow.com/homedetails/3634-La-Marada-Way-Klamath-Falls-OR-97603/75167130_zpid/ – Clean and updated, same lot size; Sold for $415K on 3/11/26
https://www.zillow.com/homedetails/5101-Laurelwood-Dr-Klamath-Falls-OR-97603/75168444_zpid/
Call for Walkthrough!
Closing date: 5/25/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
