632 10th ST, Klamath Falls, OR 97601
632 10th ST, Klamath Falls, OR 97601
632 10th ST, Klamath Falls, OR 97601
632 10th ST, Klamath Falls, OR 97601
632 10th ST, Klamath Falls, OR 97601
632 10th ST, Klamath Falls, OR 97601
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$ 299,000
Est. payment | /mo

2,575 SqFt


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$ 299,000
Est. payment | /mo
Save

2,575 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,575 sqft

Price per Sqft $116

Subdivision Klamath Falls -Nichols Addition

MLS Listing ID 220207477

Style Craftsman

Year Built 1924

Annual Tax Amount $1,502

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 0.12

Property Sub-Type Multi Family

Property Description

Income-producing Craftsman generating approximately $3,050/month ($36,600 annually) with an estimated 8.3% cap rate at the current list price. This 2,575 sq ft home on a .12-acre corner lot offers two apartments plus additional 4 furnished living spaces, creating multiple income streams and strong rental history. The lower level features a 1-bedroom apartment with full kitchen, office, bath, and fenced garden plus shared laundry. The main level includes 4 bedrooms, kitchen, dining area, and two porches. Upstairs apartment offers a large bedroom, living room, kitchenette, and private porch. Major upgrades include new furnace (2025), two water heaters (2021), updated electrical panels, new water and sewer lines (2021), and interior paint. Garden, greenhouse, fruit trees, patio, and off-street parking. Located just 3 blocks from downtown and near transit. Ideal for investors or owner-occupied income property. Rent roll and expense sheet available upon request.

Location

State OR

County Klamath

Community Klamath Falls -Nichols Addition

Direction Take Lakeshore exit from Hwy 97 North & turn left. After 6 blocks, at stop, turn left onto Oregon St. which becomes 9th St. Turn left onto Grant St. On right side, see white Craftsman house.

Rooms

Basement Daylight, Exterior Entry, Finished, Full

Interior

Interior Features Built-in Features, Ceiling Fan(s), Laminate Counters, Linen Closet, Smart Thermostat, Walk-In Closet(s)

Heating Forced Air, Natural Gas, Wood

Cooling Wall/Window Unit(s)

Fireplaces Type Family Room, Wood Burning

Fireplace Yes

Window Features Double Pane Windows

Exterior

Exterior Feature Courtyard

Parking Features Driveway, On Street

Roof Type Composition

Accessibility Accessible Kitchen

Building

Lot Description Corner Lot, Fenced, Garden, Landscaped, Level

Foundation Concrete Perimeter, Stone

Water Public

Architectural Style Craftsman

Level or Stories Three Or More, Multi/Split

Structure Type Frame

New Construction No

Schools

High Schools Klamath Union High School

Others

Senior Community No

Tax ID 370324

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Coldwell Banker Holman Premier

NEARBY SCHOOL & BUSINESS

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632 10th ST