For Sale

Listed by Jody Carter from WINDERMERE REAL ESTATE KF

Source: MLS of Central Oregon #220217195

531 N 11th St, Klamath Falls, OR, 97601

$545,000

4105 sq. ft.
5662.8 sq. ft.

MultiFam

30+ days on the market

What's around 531 N 11th St

About this property

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.

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