531 N 11th Street Klamath Falls, OR 97601
Listing Courtesy of: Oregon Datashare / Windermere Real Estate Klamath Falls / Jody Carter

  531 N 11th Street Klamath Falls, OR 97601

Active (15 Days)

Description

Turnkey 5-Unit Investment Opportunity!
This well-maintained two-building apartment complex offers a consistent rental history and strong net income. Featuring two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters, this property is ideal for investors seeking reliable cash flow. Recently updated units, upgraded electricial panals, shared coin-operated laundry, and four garage parking spaces. Located just minutes from O.I.T, Sky Lakes Medical Center, and downtown, this property offers excellent access to amenities and employment centers, ensuring steady demand for rentals.

With solid cash flow and great potential for long-term appreciation, this property is a must-see for serious investors! A rare opportunity to own a profitable, low-maintenance multi-family investment! Unit 5: 1 bed, 1 bath, 750 sq.ft, rent is $760.

MLS #:
220197643
Taxes
$3,670(2024)
Lot Size
5,663 SQFT
Type
Multifamily
Year Built
1930
Style
Craftsman
Views
Neighborhood
County
Klamath County

Listed By

Jody Carter, Windermere Real Estate Klamath Falls
Source
Oregon Datashare
Last checked Apr 2 2025 at 6:36 AM GMT+0000
Bathroom Details
Interior Features
  • Linen Closet
  • Shower/Tub Combo
  • Laminate Counters
  • Ceiling Fan(s)
Kitchen
  • Dishwasher
  • Disposal
  • Range
  • Water Heater
  • Oven
  • Range Hood
  • Refrigerator
  • Dryer
  • Washer
Subdivision
  • Klamath Falls -Nichols Addition
Lot Information
  • Level
Property Features
  • Fireplace: Wood Burning
  • Fireplace: Living Room
  • Foundation: Slab
  • Foundation: Block
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Electric
  • Baseboard
  • Forced Air
  • Natural Gas
  • None
Basement Information
  • Unfinished
  • Full
Flooring
  • Carpet
  • Tile
  • Vinyl
  • Other
Exterior Features
  • Roof: Composition
  • Roof: Rolled/Hot Mop
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Pelican Elem
  • Middle School: Ponderosa Middle
  • High School: Klamath Union High School
Parking
  • Attached
  • Garage Door Opener
  • Detached
  • On Street
  • Shared Driveway
Stories
  • Two
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer:
© 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than (insert company name) are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Windermere Real Estate Services Company, Inc.. Data last updated: 4/1/25 23:36.