531 N 11th St

Klamath Falls OR 97601

4105 sq. ft.

5662.8 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

4105 sq. ft. floor area

5662.8 sq. ft. lot size

Multi-Family

Property history for 531 N 11th St

2021

Sold

$453,000

15 Jan 2021 by Jill Russel, of eXp Realty, LLC (W - SR02 - Oregon)

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