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.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Windermere Real Estate Kf
Shown By
Agent Name: Maria Halsey, Broker
Agent Phone: (541) 788-0876
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 3,227.86 per month $2,755.82 Principal & Interest $313.08 Property Tax $158.96 Homeowner's InsuranceChange Payment Information
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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 mariahalsey.bendpremierrealestate.com today.