Eberlein Avenue
High-Visibility Infill Site Adjacent to YMCA on Primary Arterial
Marketing description
This 1.64-acre infill parcel is located at the northwest corner of Eberlein Avenue and Crater Lake Parkway, one of Klamath Falls’ most visible commercial corridors. The site is zoned GC (General Commercial), which allows a wide range of commercial uses and provides potential for multifamily or mixed-use residential development, subject to City of Klamath Falls approvals.
Klamath Falls continues to experience steady demand for rental housing, driven by a sizeable renter base, limited delivery of new apartment product, and rising market rents over recent years. Local housing studies and market data consistently identify a need for additional residential units, particularly market-rate and workforce housing in well-located infill areas.
With public utilities at the street, strong arterial exposure, and proximity to daily-needs amenities, the property is well-positioned for a small to mid-scale apartment or mixed-use development serving the local workforce and regional employers.
Investment highlights
1.64 AC Infill Development Site – Zoned GC (General Commercial)
Multifamily / Mixed-Use Residential Potential (subject to City approvals)
Located along Crater Lake Parkway, a primary north–south arterial
Adjacent to Klamath Falls YMCA; near retail, services, and employment
All major utilities available at the street (sewer, power, gas, fiber)
Klamath Falls rental market supported by growing renter population and limited new apartment supply
Clean site with no existing improvements – efficient path to development
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