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  • $1,795,000

    542 Riverside Dr, Klamath Falls, OR 97601

    --beds
    0baths
    20,473sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $1,730,300 Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Don't miss this rare opportunity to own a 13-unit multi family complex offering strong returns and long-term value. This property features 9 spacious 2 bed/1 bath units and 4 well-maintained 1 bed/1 bath units, along with 9 private garages-a highly desirable amenity for tenants. Currently, 12 of 13 units are occupied, ensuring immediate income for savvy investors. Located just minutes from downtown Klamath Falls, Oregon Institute of Technology, Sky Lakes Medical Center, and major shopping areas. this complex sits in a prime rental location with consistent demand. Whether your expanding your portfolio or entering the multi-family space, this investment checks all thew boxes. Call today-opportunities like this don't last long!
    8 days
    on Zillow
    |
    136
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2025 at 02:22pm

    Listed by:

    Century 21 Showcase, Realtors 541-882-2121

    Source: Oregon Datashare,MLS#: 220201338MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 542 Riverside Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Natural Gas, Other
    Cooling
    • None
    Appliances
    • Included: Cooktop
    Features
    • Flooring: Laminate, Vinyl
    • Windows: Aluminum Frames, Vinyl Frames
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 20,473
    • Total interior livable area: 20,473 sqft

    Property

    Parking
    • Parking features: Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: 631196
    • Zoning description: MD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Block
    • Roof: Composition
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Klamath Falls -West
    HOA
    • Has HOA: No
    Location
    • Region: Klamath Falls

    Financial & listing details

    • Price per square foot: $88/sqft
    • Annual tax amount: $3,294
    • Date on market: 5/8/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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