632 N 10th St - Apartments FOR SALE


Klamath Falls, OR 97601
$299,000 USD
775-690-2537
632 N 10th St, Klamath Falls, OR for Sale
$299,000 USD
Apartments - FOR SALE
1/10
null | 8.3% Cap Rate

632 N 10th St
Klamath Falls, OR 97601


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

6

PRICE/UNIT

$49,833

CAP RATE

8.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

632 N 10th Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

A

APN/PARCEL ID

R370324

ASK ABOUT THIS PROPERTY

Nataliya HamiltonColdwell Banker Holman Premier RealtyMore Info
775-690-2537

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Nataliya HamiltonColdwell Banker Holman Premier RealtyMore Info
775-690-2537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.