$649,000 Price Analysis    ♡   Klamath Falls, OR 97601 Unknown bed None bath 4,105 SqFt ($158/SqFt) 5,663SqFt lot. Built 1930 Listed 2024-05-21, Taxes $3,453 | ✓ USDA Eligible near Klamath Falls, OR Restrictions may apply due to home size |
Check out this prime investment opportunity on a well cared for 5-unit
2-building apartment complex. Located close to downtown, near OIT, Jeld-Wen, Kingsley Air Base and Sky Lakes Medical center in Klamath Falls, OR. Recently remodeled units contain; two 2BD/1BA units and three 1BD/1BA units plus 4 garage with parking spaces. Renovations include; electrical panels upgraded and partial roof coating.
Shared coin operated laundry for your tenants. Electric on sepa rate meters for individually tracked/managed power bills for each unit, plus owner meter for tenant shared area. Consistent rental hstory. Cash or Commercial loan, unless buyer can work out a conventional loan with lender. 5th Unit (#533.5 is 750 SQFT. 1BD/1BA, rent=760/mo.
Presented by Terri ONeill at
Exp Realty.
Property MLS #220183003 from KlamathFalls
Dishwasher
Disposal
Dryer
Oven
Range
Range Hood
Refrigerator
Washer
Water Heater
Disposal
Dryer
Oven
Range
Range Hood
Refrigerator
Washer
Water Heater
Basement Features: Full, Unfinished
Fireplace Features: Living Room
Heating Features: Baseboard, Ductless, Electric, Forced Air, Natural Gas, Wood
Heating Features: Baseboard, Ductless, Electric, Forced Air, Natural Gas, Wood
Flooring: Carpet, Tile, Vinyl
Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
Patio
Road Frontage Type: Shared Access
Road Surface Type: Paved
Road Frontage Type: Shared Access
Road Surface Type: Paved
Additional Parcels: No
Lot Size Acres: 0.13
Lot Size Dimensions: 4-5
Lot Size Square Feet: 5663
Lot Size Acres: 0.13
Lot Size Dimensions: 4-5
Lot Size Square Feet: 5663
Garage Spaces: 4
Parking Features: Attached, Detached, Driveway, Garage Door Opener, On Street
Parking Features: Attached, Detached, Driveway, Garage Door Opener, On Street
View: Neighborhood
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Elementary School: Check with District
High School: Check with District
Middle School: Check with District
High School: Check with District
Middle School: Check with District
Klamath Union High School is a public high school located approximately 0.2 miles away.
Map directions
Map directionsPonderosa Junior High School is a public middle school located approximately 1.1 miles away.
Map directions
Map directionsPelican Elementary School is a public elementary school located approximately 1.7 miles away.
Map directions
Map directionsIntegral Youth Services Step-Thru School is a private elementary, middle and high school located approximately 0.3 miles away.
Map directions
Map directionsNumber of Units: 5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Description: Garbage, Sewer, Water
Unit-2 Description: Garbage, Gas, Sewer, Water
Unit-3 Description: Garbage, Gas, Sewer, Water
Unit-4 Description: Garbage, Gas, Sewer, Water
Unit-1 Square Feet: 565
Unit-2 Square Feet: 1120
Unit-3 Square Feet: 750
Unit-4 Square Feet: 920
Unit 1 Total Actual Rent: 875.00
Unit 2 Total Actual Rent: 1200.00
Unit 3 Total Actual Rent: 765.00
Unit 4 Total Actual Rent: 960.00
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Description: Garbage, Sewer, Water
Unit-2 Description: Garbage, Gas, Sewer, Water
Unit-3 Description: Garbage, Gas, Sewer, Water
Unit-4 Description: Garbage, Gas, Sewer, Water
Unit-1 Square Feet: 565
Unit-2 Square Feet: 1120
Unit-3 Square Feet: 750
Unit-4 Square Feet: 920
Unit 1 Total Actual Rent: 875.00
Unit 2 Total Actual Rent: 1200.00
Unit 3 Total Actual Rent: 765.00
Unit 4 Total Actual Rent: 960.00
Laundry Facility
Separate Electric Meters
Annual Tax Amount: 3523.59
Source Listing Status: Active
County: Klamath
Cross Street: Lincoln
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: tenant belongings
Inclusions: all appliances
Source Neighborhood: Klamath Falls -Nichols Addition
Parcel Number: 369808
Subdivision: Klamath Falls -Nichols Addition
Zoning: R/A
Property Features: Level
Property Subtype: Multi Family
Source System Name: C2C
Separate Electric Meters
Annual Tax Amount: 3523.59
Source Listing Status: Active
County: Klamath
Cross Street: Lincoln
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: tenant belongings
Inclusions: all appliances
Source Neighborhood: Klamath Falls -Nichols Addition
Parcel Number: 369808
Subdivision: Klamath Falls -Nichols Addition
Zoning: R/A
Property Features: Level
Property Subtype: Multi Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $200,810 | $3,453 |
| 2021 | $unknown + $unknown $194,970 | $3,318 |
| 2020 | $unknown + $unknown $189,300 | $3,254 |
| 2019 | $unknown + $unknown $183,790 | $3,171 |
| 2018 | $149,440 + $29,000 $178,440 | $2,776 |
| 2017 | $149,440 + $29,000 $178,440 | $2,767 |
| 2016 | $131,120 + $29,000 $160,120 | $2,486 |
| 2015 | $unknown + $unknown $178,170 | $2,834 |
| 2014 | $unknown + $unknown $170,990 | $2,472 |
| 2013 | $unknown + $unknown $154,150 | $2,226 |
| 2012 | $unknown + $unknown $172,990 | $2,461 |
| 2011 | $unknown + $unknown $167,960 | $2,642 |
| 2010 | $unknown + $unknown $163,070 | $2,614 |
| 2009 | $unknown + $unknown $158,330 | $2,561 |
| 2008 | $unknown + $unknown $153,720 | $2,472 |
| 2007 | $unknown + $unknown $149,250 | $2,372 |
Listed 2024-05-21
$649,000
KlamathFalls
Listing removed 2024-02-16
$0
RogueValley
Listing removed 2023-12-31
$735,000
RMLS
Price Changed 2023-10-27
$649,000
RogueValley
Price Changed 2023-10-02
$674,000
RogueValley
Price Changed 2023-08-09
$699,000
RogueValley
Price Changed 2023-07-18
$725,000
RogueValley
Listed 2023-06-23
$750,000
RogueValley
Listing removed 2023-06-14
$0
CentralOregon
Listed 2023-04-29
$735,000
CentralOregon
Listing removed 2021-01-17
$0
KlamathFalls
Sold 2021-01-15
$453,000
Public Record
Listed 2020-11-12
$450,000
KlamathFalls
Listing removed 2019-07-01
$0
AppfolioUnits
Sold 2019-06-21
$250,000
Public Record
Listed for rent 2019-06-15
$995
AppfolioUnits
Listing removed 2019-06-09
$0
AppfolioUnits
Listed for rent 2019-06-08
$995
AppfolioUnits
Listing removed 2019-06-05
$0
AppfolioUnits
Listed for rent 2019-06-01
$900
AppfolioUnits
Listing removed 2017-05-13
$289,900
KlamathFalls
Relisted 2017-04-24
$289,900
KlamathFalls
Listing removed 2017-04-21
$289,900
KlamathFalls
Listed 2016-11-17
$289,900
KlamathFalls
Listing removed 2012-09-06
$289,900
KlamathFalls
Relisted 2012-06-06
$289,900
KlamathFalls
Listing removed 2011-12-02
$289,900
KlamathFalls
Listed 2011-09-28
$289,900
KlamathFalls
Sold 1993-10-04
$115,000
Public Record
$649,000
KlamathFalls
Listing removed 2024-02-16
$0
RogueValley
Listing removed 2023-12-31
$735,000
RMLS
Price Changed 2023-10-27
$649,000
RogueValley
Price Changed 2023-10-02
$674,000
RogueValley
Price Changed 2023-08-09
$699,000
RogueValley
Price Changed 2023-07-18
$725,000
RogueValley
Listed 2023-06-23
$750,000
RogueValley
Listing removed 2023-06-14
$0
CentralOregon
Listed 2023-04-29
$735,000
CentralOregon
Listing removed 2021-01-17
$0
KlamathFalls
Sold 2021-01-15
$453,000
Public Record
Listed 2020-11-12
$450,000
KlamathFalls
Listing removed 2019-07-01
$0
AppfolioUnits
Sold 2019-06-21
$250,000
Public Record
Listed for rent 2019-06-15
$995
AppfolioUnits
Listing removed 2019-06-09
$0
AppfolioUnits
Listed for rent 2019-06-08
$995
AppfolioUnits
Listing removed 2019-06-05
$0
AppfolioUnits
Listed for rent 2019-06-01
$900
AppfolioUnits
Listing removed 2017-05-13
$289,900
KlamathFalls
Relisted 2017-04-24
$289,900
KlamathFalls
Listing removed 2017-04-21
$289,900
KlamathFalls
Listed 2016-11-17
$289,900
KlamathFalls
Listing removed 2012-09-06
$289,900
KlamathFalls
Relisted 2012-06-06
$289,900
KlamathFalls
Listing removed 2011-12-02
$289,900
KlamathFalls
Listed 2011-09-28
$289,900
KlamathFalls
Sold 1993-10-04
$115,000
Public Record
Year Built: 1930
Building Area Total: 4105
Building Area Units: Square Feet
Common Walls: 1 Common Wall, 2+ Common Walls
Construction Materials: Frame
Foundation Details: Block, Concrete Perimeter, Slab
Levels: Two
Property Age: 94
Roof: Asphalt, Composition
Architectural Style: Craftsman
Building Area Total: 4105
Building Area Units: Square Feet
Common Walls: 1 Common Wall, 2+ Common Walls
Construction Materials: Frame
Foundation Details: Block, Concrete Perimeter, Slab
Levels: Two
Property Age: 94
Roof: Asphalt, Composition
Architectural Style: Craftsman
Sewer: Public Sewer
Water Source: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.