$365,000
PENDING

1524 Division St Klamath Falls, OR 97601

Estimated payment $2,192/month

Total Views 290
-- Bed
-- Bath
1,560 Sq Ft
$234 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • 1-Story Property
  • Engineered Wood Flooring
  • Neighborhood Views
  • Level Lot

About This Home

Investor Opportunity! This in-town triplex is a turnkey income-producing property, perfect for both first-time investors and seasoned portfolio builders. All three units are currently rented with stable tenants in place, offering immediate cash flow. Low-maintenance and well-maintained, this property is situated in a convenient location close to amenities, schools, and public transportation. Whether you're looking to start your investment journey or add a solid performer to your portfolio, this triplex is a smart move!

Listing Agent

Liz Puffenbarger

Keller Williams Realty Southern Oregon License #201236059 Listed on: 06/28/2025

Keller Williams Realty Southern Oregon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1941

Lot Details

  • 6,098 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Neighborhood Views

Kitchen

  • Oven
  • Cooktop

Flooring

  • Engineered Wood
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Klamath Falls Mills Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 217
  • Assessor Parcel Number 632989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,113

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: Klamath Falls -Mills Addition
  • Year Built: 1941
  • Co List Office Phone: 541-608-0447
  • MLS Status: Pending
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: R
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 16
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 217
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Utilities:Natural Gas Connected: Yes
  • Flooring Simulated Wood: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Oven, Refrigerator, Water Heater
  • Flooring: Simulated Wood, Vinyl
  • Window Features: Vinyl Frames
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Level
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway, On Street
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Heating: Natural Gas, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 632989
  • ResoLotSizeUnits: Acres
  • Zoning Description: R

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2113.02
  • Tax Block: 217
  • Tax Lot: 16
  • Tax Map Number: 3809-033DC-11000
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,113 $122,660 -- --
2023 $2,029 $122,660 $0 $0
2022 $1,989 $115,630 $0 $0
2021 $1,911 $112,270 $0 $0
2020 $1,874 $109,000 $0 $0
2019 $1,826 $105,830 $0 $0
2018 $1,775 $102,750 $0 $0
2014 $1,463 $91,310 $0 $0
2013 -- $83,840 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $365,000 +121.2% $234 / Sq Ft
08/31/2017 08/31/17 Sold $165,000 -10.8% $106 / Sq Ft
08/30/2017 08/30/17 For Sale $185,000 -- $119 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 Amerititle
Warranty Deed -- Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Seller Take Back
Source: Public Records

Source: Oregon Datashare

MLS Number: 220204879

Oregon Datashare

APN: R632989