Amazing investment opportunity with this fully rented 3-unit multifamily property. Includes 356 Division (2 bed, 1 bath, rented for $1,200), 353 Martin (1 bed, 1 bath, rented for $900), and 357 Martin (2 bed, 1 bath, rented for $975). All units have been recently updated with fresh interior paint, new flooring, new furnaces, and new windows. Property also features three garages. Great chance to start your real estate investing journey or add to your growing portfolio with immediate rental income.
Active
$400,000
356 Division St, Klamath Falls, OR 97601
5beds
0baths
1,840sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$388,500 Zestimate®
$217/sqft
$-- HOA
What's special
Three garagesFresh interior paintNew flooringNew furnacesNew windows
- 16 days
- on Zillow |
- 189 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 01:26pm
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220200397

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Oven, Refrigerator
Features
- Laminate Counters, Shower/Tub Combo
- Flooring: Vinyl
- Windows: ENERGY STAR Qualified Windows, Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls,No One Above,No One Below
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Parking features: Detached, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Fencing: Fenced
Lot
- Size: 10,018.8 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 417908
- Zoning description: A
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Playground
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Klamath Falls -Industrial Addition
HOA
- Has HOA: No
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $217/sqft
- Annual tax amount: $1,653
- Date on market: 4/25/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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