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531 N 11th Street, Klamath Falls, OR 97601

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For Sale

$649,000

0.13 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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 separate meters for individually tracked/managed power bills for each unit, plus owner meter for tenant shared area. Consistent rental history. 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.
MLS# 220183003

Courtesy Of eXp Realty

(888) 814-9613

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Craftsman
  • Cooling System
    None
  • Floor Covering
    Carpet, Tile, Vinyl
  • Heating Fuel
    Electric, Natural Gas, Wood
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 531 N 11th Street, Klamath Falls, OR 97601

Home seller CENTURY 21 Showcase, REALTORS®, Inc.

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CENTURY 21 Showcase, REALTORS®, Inc.

(541) 882-2121
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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