531 N 11th Street, Klamath Falls, OR 97601

$545,000
  • 531 N 11th Street, Klamath Falls, OR 97601 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,105 MLS#220217195
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKlamath Falls -Nichols Addition

Property Description

Turnkey 5-Unit Investment Opportunity! This well-maintained two-building apartment complex offers a consistent rental history and strong net income. The property features two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters--ideal for investors seeking reliable cash flow. Recent improvements include updated units and upgraded electrical panels, along with a shared coin-operated laundry and four garage parking spaces.Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand. 2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.

531 N 11th Street | MLS# 220217195

This multi-family property located at 531 N 11th Street, Klamath Falls, OR 97601 is currently listed for sale with an asking price of $545,000. Search Klamath Falls real estate on www.fnrhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: Baseboard, Electric, Forced Air, Natural Gas
Home Style: Craftsman
Lot Size: 0.13 Acres
Roof Type: Composition, Rolled/Hot Mop
Stories: 2.0
Taxes: $3,757
Year Built: 1930

Feature Descriptions

Exterior: Frame
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 5

Local Schools

High School: Klamath Union School
Middle School: Ponderosa
Elementary School: Pelican

Listed By / Shown By

Listed By

Agency Name: Windermere Real Estate Kf

Shown By

Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124

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Estimated Payment

$ 3,409.45 per month $2,937.41 Principal & Interest $313.08 Property Tax $158.96 Homeowner's Insurance

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