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Residential > House
Active
5 days ago
List Price
$560,000

531 11 Th St
Klamath Falls, OR 97601

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  • Malobo BannerMalobo Banner Square
    531 11 Th St, Klamath Falls, OR 97601 is a 2 bed, 3 bath, 1,168 ft² house built in 1930 on a 0.130 acre lot with 5 construction permits. This house is currently on the market for $560,000, and it was last sold in 2021 for $453,000. The latest TopHap estimate of the house's value is $270,000.

    Property Valuations

    Latest estimates for 531 11 Th St based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    Turnkey 5-Unit Investment Opportunity!This well-maintained two-building apartment complex offers a consistent rental history and strong net income. Featuring two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters, this property is ideal for investors seeking reliable cash flow. Recently updated units, upgraded electricial panals, shared coin-operated laundry, and four garage parking spaces. Located just minutes from O.I.T, Sky Lakes Medical Center, and downtown, this property offers excellent access to amenities and employment centers, ensuring steady demand for rentals.Gross profit in 2024 was over $43K.With solid cash flow, A cap rate of 6.5% and great potential for long-term appreciation, this property is a must-see for serious investors! A rare opportunity to own a profitable, low-maintenance multi-family investment! Unit 5: 1 bed, 1 bath, 750 sq.ft, rent is $760.

    Listing Agents

    The listing agent for 531 11 Th St is Jody Carter.

    Permits

    531 11 Th St has 5 permit records.

    Permit History
    5
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    531 11 Th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 531 11 Th St

    School Information

    Public/private schools serving 531 11 Th St

    Neighborhood

    This property is located in Nichols, Klamath Falls, OR 97601.

    Market Trends

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    Copyright © 2025 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.

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