$1,500,000

2236 3rd St Malin, OR 97632

Estimated payment $8,407/month

Total Views 13,222
-- Bed
-- Bath
9,912 Sq Ft
$151 Price per Sq Ft

Highlights

  • No Units Above
  • Traditional Architecture
  • Corner Lot
  • Territorial View
  • Engineered Wood Flooring
  • No HOA

About This Home

This investment opportunity offers a good, steady income stream with the majority of units being two bedrooms. Nice brick construction with a courtyard give this property curb-appeal. Units are in good condition and several have recently been updated. New roof in 2026.

Listing Agent

Jennifer Frye

Action Realty License #201213507 Listed on: 09/22/2025

Co-Listing Agent

Anita Matys

Action Realty License #911200078

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1939

Lot Details

  • 31,363 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Native Plants
  • Corner Lot
  • Level Lot

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Cooktop

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • Gravel Driveway
  • Shared Driveway
  • On-Street Parking

Location

  • Easements include utilities

Schools

  • Malin Elementary School
  • Lost River High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • 15 Units
  • Klamath Forest Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 4-12 / 43
  • Assessor Parcel Number 124074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,098

Year Built

Built in 1939

Lot Details

0.72 Acres

Listing Details

  • Architectural Style: Traditional
  • Directions: Corner of Third and Railroad
  • Unit Levels: One
  • Lot Size Acres: 0.72
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Klamath Forest Estates
  • Year Built: 1939
  • Co List Office Mls Id: okAR
  • Co List Office Phone: 541-884-3367
  • Co List Office Phone: 541-884-3367
  • MLS Status: Active
  • General Property Information Audio Surveillance on Premises YN: No
  • Power Production:Power Production: None
  • Easements:Easements: Utilities
  • Flood:Flood: Unknown
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Laminate, Simulated Wood, Vinyl
  • Interior Amenities: Shower/Tub Combo

Exterior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Construction Type: Brick, Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Level, Native Plants
  • Roof: Composition
  • View: Territorial, Neighborhood

Garage/Parking

  • Parking Features: Driveway, Gravel, On Street, Shared Driveway
  • Attached Garage: No

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Malin Elem
  • High School: Lost River High
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 31363.2
  • Parcel #: 124074
  • ResoLotSizeUnits: Acres
  • Zoning Description: R

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 3097.88
  • Tax Block: 43
  • Tax Lot: 4-12
  • Tax Year: 2025

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,098 $206,220
2024 $3,013 $200,220
2023 $2,905 $200,220 $0 $0
2022 $2,825 $188,730 $0 $0
2021 $2,737 $183,240 $0 $0
2020 $2,654 $177,910 $0 $0
2019 $2,581 $172,730 $0 $0
2018 $2,506 $167,700 $0 $0
2017 $2,010 $134,180 $0 $0
2016 $2,106 $140,360 $0 $0
2015 $2,101 $140,360 $0 $0
2014 $2,073 $140,360 $0 $0
2013 -- $149,100 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 For Sale $1,500,000 -- $151 / Sq Ft
Source: Oregon Datashare

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Bargain Sale Deed -- First American
Warranty Deed $250,000 First American
Warranty Deed $155,000 Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Closed $162,798 Seller Take Back
Previous Owner $1,150,000 Commercial
Source: Public Records

About the Listing Agent

Jennifer's Other Listings

  • 0 Widgeon Dr Unit 39, Bonanza, OR 97623

    $14,700

    • Land
    • 2.18 Acres
    • $6,743 per Acre
    • 0 Widgeon Dr
    • Unit 39
    • Bonanza, OR

    Escape to Klamath Falls Forest Estates! This nearly level 2.18-acre lot offers the perfect blend of privacy and accessibility. Dotted with mature trees and featuring peek-a-boo views of the valley and surrounding mountains, this buildable site is ready for your vision. Enjoy well maintained roads and easy access while feeling worlds away.

    Jennifer Frye Action Realty

    Section Image
  • 10631 Kincheloe Ave, Klamath Falls, OR 97603

    $209,000 $10K PRICE DROP

    • 3 Beds
    • 1 Bath
    • 1,104 Sq Ft
    • 10631 Kincheloe Ave
    • Klamath Falls, OR

    Step into this stunning, completely remodeled 3-bedroom, 1-bath home where modern style meets effortless living. Every detail has been refreshed to offer a turnkey experience in the heart of Falcon Heights

    Jennifer Frye Action Realty

    Section Image
  • 5122 Bryant Ave, Klamath Falls, OR 97603

    $469,000 $10K PRICE DROP

    • 3 Beds
    • 3.5 Baths
    • 3,205 Sq Ft
    • 5122 Bryant Ave
    • Klamath Falls, OR

    This impressive property offers the perfect combination of space, functionality, and energy efficiency. Situated on .4 acres, the main house features 3 bedrooms, 2.5 baths, Living room and family room, plus a bonus room/office!Additionally, there is a separate studio apartment, ideal for guests or generating rental income opportunities. The property also features a 2-car garage, covered deck,

    Jennifer Frye Action Realty

    Section Image
  • 11436 Wildhorse Dr, Bonanza, OR 97623

    $19,500 Pending

    • Land
    • 5.42 Acres
    • $3,598 per Acre
    • 11436 Wildhorse Dr
    • Bonanza, OR

    Ready to build, camp, or invest? This expansive 5.42-acre parcel in the desirable Yonna Woods subdivision offers the perfect blend of pristine privacy and essential readiness. Whether you are envisioning a custom mountain home, a weekend off-grid getaway, or a smart land investment, this property eliminates the usual development headaches. Enjoy peace, quiet, and wildlife, all while staying

    Jennifer Frye Action Realty

    Section Image
  • 0 Night Owl Dr Unit 26, Bonanza, OR 97623

    $12,500 $3K PRICE DROP

    • Land
    • 2.46 Acres
    • $5,081 per Acre
    • 0 Night Owl Dr
    • Unit 26
    • Bonanza, OR

    2.46 wooded acres zoned residential with year round access and only a short 45 minute drive into Klamath Falls for all your shopping and amenities.

    Jennifer Frye Action Realty

    Section Image
  • 4890 Weyerhaeuser Rd, Klamath Falls, OR 97601

    $55,000

    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft
    • 4890 Weyerhaeuser Rd
    • Klamath Falls, OR

    Calling all investors, builders, and visionaries! This unique property features two separate tax lots totaling .26 acres of level, landscaped land. The existing 1974 manufactured home (2 bed, 1 bath) is ready for a complete transformation, or remove it and start fresh. Buyer to do their due diligence on whether the MH can be rehabbed or is best to demo.

    Jennifer Frye Action Realty

    Section Image
  • 3634 Flint St, Klamath Falls, OR 97601

    $235,000 Pending

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 3634 Flint St
    • Klamath Falls, OR

    Turn-key perfection awaits in this tastefully updated 2-bedroom, 1-bath home! Offering 720 sq. ft. of efficiently designed, move-in-ready living space, this property maximizes comfort and functionality. Enjoy peace of mind with major recent updates, including a brand-new roof (2025), fresh exterior paint, and seamless rain gutters (2023). The outdoor space is a true highlight, featuring a fully

    Jennifer Frye Action Realty

    Section Image
  • 2627 Berkeley St, Klamath Falls, OR 97601

    $430,000 $28K PRICE DROP

    • 4 Beds
    • 3 Baths
    • 2,127 Sq Ft
    • 2627 Berkeley St
    • Klamath Falls, OR

    Better Than New! Fully Updated Home with Klamath Lake Views! This spacious 4-bedroom home has been meticulously updated so you don't have to lift a finger. From the new roof installed in 2024 to the contemporary kitchen remodel, every detail has been handled. Step inside to find beautiful original hardwood flooring complemented by stylish new laminate and Pergo flooring in the bedrooms and fully

    Jennifer Frye Action Realty

    Section Image
  • 42978 Walnut, Beatty, OR 97621

    $175,000

    • 2 Beds
    • 1 Bath
    • 1,244 Sq Ft
    • 42978 Walnut
    • Beatty, OR

    Ultimate Live-Work-Invest Package: 3 Parcels, 2 Homes, Massive Shop & Vacant Lot!Rare opportunity to own a versatile, multi-parcel estate packed with income potential, storage, and development options! Being sold together as a complete package, these three separate parcels total nearly an acre of land.

    Jennifer Frye Action Realty

    Section Image

Source: Oregon Datashare

MLS Number: 220209606

Oregon Datashare
Your Personal Tour Guide

Ask me questions while you tour the home.