$1,500,000

2236 3rd St Malin, OR 97632

Estimated payment $8,574/month

Total Views 15,294
-- Beds
-- Baths
9,912 Sq Ft
$151 Price per Sq Ft

Highlights

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

About This Home

Excellent opportunity to acquire a well-positioned 15-unit apartment property in Malin, Oregon, offering the potential for steady rental income and long-term investment value. The majority of the units feature desirable two-bedroom layouts.

The property showcases attractive brick construction surrounding a welcoming courtyard, providing strong curb appeal and a pleasant residential setting. The units are generally in good condition, with several having been recently updated. Capital improvements have also been made, including a new roof in 2026.

Additional features include garage/storage space and a convenient location with a nearby park complete with an outdoor pool. With its established unit mix, attractive brick construction, courtyard setting, and recent improvements, this property presents an appealing opportunity for investors seeking a multifamily asset in Southern Oregon.

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

  • Simulated 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

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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

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Source: Oregon Datashare

MLS Number: 220209606

Oregon Datashare
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