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6 Beds
4 Baths
4,105 sqft

$545,000

531 N 11th Street, Klamath Falls OR, 97601

Price per sqft$132.76
Built in1930
Property size4,105 sqft
Property typeMulti-family
Courtesy of Windermere Real Estate Kf, Jody Carter

Overview

Active

Listed Mar 16, 2026

Updated Jun 25

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.

$3,626/mo

Est. mortgage payment based on a $545,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220217195

Interior Features

Bedrooms
6
Bathrooms
4
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$3,758
Tax Frequency
Annually
Garage
Yes
View
Yes

Courtesy of Windermere Real Estate Kf, Jody Carter

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Data last updated 1:16 AM UTC, 6/25/2026

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