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Closed
  • $280,000

    402 Market St, Klamath Falls, OR 97601

    5beds
    0baths
    2,164sqft
    Quadruplex, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Incredible opportunity for the savvy investor. Or you could live in one unit and let the other units pay your mortgage! This Downtown four-plex boasts 3 one-bedroom units with a 4th larger unit (has a bonus room/second bedroom) and a 180 SF garage. Each unit has its own electric & gas meter, & private entrances to their own fenced back yard. In January, the rents of the three 1-bedroom units are scheduled to be $2300 a month & the current larger owner's unit could rent for between $800-$900. The garage could also be rented out separately if desired. With possibilities for monthly rent being over $3100 in 2024, and at less than $125 per SF, this property really pencils! Property is only a 7 minute drive to OIT and Skylakes Hospital. Restaurants, coffee shops, parks, public transportation and a grocery store are all within blocks, making the location super convenient. Book your tour to see the owner's unit today!

    Zillow last checked: 7 hours ago

    Listing updated: November 07, 2024 at 07:31pm

    Listed by:

    Coldwell Banker Holman Premier 541-884-1343

    Bought with:

    Coldwell Banker Holman Premier

    Source: Oregon Datashare,MLS#: 220171731MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Cooktop, Range Hood, Refrigerator
    Features
    • Flooring: Carpet, Vinyl
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,164
    • Total interior livable area: 2,164 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 6,534 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 415152
    • Zoning description: LI
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Rolled/Hot Mop
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Klamath Falls
    • Subdivision: Klamath Falls -Railroad Addition

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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