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!
Active
$1,795,000
542 Riverside Dr, Klamath Falls, OR 97601
--beds
0baths
20,473sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$1,730,300 Zestimate®
$88/sqft
$-- HOA
What's special
- 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#: 220201338

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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