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West Coast Real Estate
632 N 10th Street, Klamath Falls, OR 97601
- $299,000
- List Price
- $299,000
- Status
- ACTIVE
- Days on Market
- 418
- Price Change
- ▼ $20,000 1773456779
- MLS#
- 220207477
- Subtype
- Residential Income
- Style
- Craftsman
- Year Built
- 1924
- Lot Size
- 5,227
- Acres
- 0.12
- Subdivision
- Klamath Falls -Nichols Addition
- Neighborhood
- Klamath Falls -Nichols Addition
Property Description
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.
Additional Information
- Interior Features
- Built-in Features, Ceiling Fan(s), Laminate Counters, Linen Closet, Smart Thermostat, Walk-In Closet(s), High Speed Internet
- Exterior Features
- Courtyard
- Taxes
- $1,502
- Property Description
- Craftsman
- Zoning
- A-Apartment Res
- Flooring
- Carpet, Hardwood, Laminate, Tile, Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Range Hood, Washer, Water Heater
- Heating
- Forced Air, Natural Gas, Wood
- Air Conditioning
- Wall/Window Unit(s)
- Stories
- Multi/Split, Three Or More
- Levels
- Multi/Split, Three Or More
- Roof
- Composition
- Foundation
- Concrete Perimeter, Stone
- Parking Features
- Driveway, On Street
- Elementary School
- Pelican Elem
- Middle School
- Ponderosa Middle
- View
- City, Territorial, Neighborhood
Mortgage Calculator
Listing courtesy of Coldwell Banker Holman Premier.
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