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632 North 10th Street

Klamath Falls OR 97601

2575 sq. ft.
5227.2 sq. ft.
Multi-Family
Currently for sale - view listing

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.

Features

2575 sq. ft. floor area
5227.2 sq. ft. lot size
Multi-Family

Property history for 632 North 10th Street

2020
Sold
$115,000
21 Feb 2020 by Cynthia Sperry, of ROOKSTOOL MODEN REALTY LLC

Happy sellers in Klamath Falls

~%

We have insufficient information to provide an overview of customer satisfaction for Klamath Falls. Viewing the agent profiles, reviews and sales for Klamath Falls can provide insights for this location.

Local market activity for multi families in Klamath Falls

In the last 12 months, 2 multi families similar to 632 North 10th Street, have been sold.

This represents a 72% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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