$1,000,000

224 S Broad St Klamath Falls, OR 97601

Estimated payment $6,084/month

Total Views 50
-- Bed
23 Baths
10,752 Sq Ft
$93 Price per Sq Ft

Highlights

  • Zoned Heating
  • High Speed Internet
  • Dining Area
  • Laundry Facilities

About This Home

Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create add'l tenant storage. 12 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing. Visit: / for local economic info pertaining to Klamath Falls, OR.

Last Listed By

Jordan Sparks

SMI REAL ESTATE License #200610098 Listed on: 05/28/2025

SMI REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,847

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 109 x 100

Interior Spaces

  • 23 Bathrooms
  • 10,752 Sq Ft Home
  • Dining Area
  • Electric Range
  • Unfinished Basement

Utilities

  • Zoned Heating
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Residents personal property
  • Legal Lot and Block 3A / 3

Community Details

Overview

  • 23 Units
  • The White House Apts Community
  • Railroad Addition Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,847

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create add'l tenant storage. 12 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing. Visit: https://www.chooseklamath.com/ for local economic info pertaining to Klamath Falls, OR.
  • Cross Street: Main St
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Residents personal property
  • Refrigerator: Refrigerator Included
  • Total Bathrooms: 23
  • Basement: Unfinished
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 93.01
  • Price Per Sq Ft: 93.01

Exterior Features

  • Exterior Color: White
  • Foundation: Continuous

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Sewer: City

Lot Info

  • Acres: 0.25
  • Estimated Lot Dimensions: 109 x 100
  • Estimated Lot Sq Ft: 10890
  • Lot: 3A
  • Price Per Acre: 4000000
  • Property Name: The White House Apts
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 24-25
  • Tax Account Number: 414821
  • Tax Amount: 5847

Multi Family

  • Number Of Units: 23

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

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $1,000,000 -- $93 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 829501

Willamette Valley MLS