$1,000,000

224 S Broad St Klamath Falls, OR 97601

Estimated payment $6,010/month

Total Views 1,156
1 Bed
2 Baths
10,752 Sq Ft
$93 Price per Sq Ft

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 additional tenant storage. 12 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing.

Listing Agent

Jordan Sparks

SMI Commercial Real Estate LLC License #200610098 Listed on: 05/28/2025

SMI Commercial Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,847

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot

Interior Spaces

  • 10,752 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Schools

  • Mills Elementary School
  • Ponderosa Middle School
  • Klamath Union High School

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating

Community Details

  • 23 Units

Listing and Financial Details

  • Assessor Parcel Number 414821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,847

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1950
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 1
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Mills
  • High School: Klamath Union
  • Middle Or Junior School: Ponderosa

Lot Info

  • Zoning: LI
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 414821

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5846.72

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 23

Map

Range of Values:

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Average Value
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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: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 130162997

Regional Multiple Listing Service (RMLS)

Oregon Klamath County Klamath Falls 97601

224 S Broad St, Klamath Falls, OR

This home is located at 224 S Broad St, Klamath Falls, OR 97601 and is currently priced at $1,000,000, approximately $93 per square foot. This property was built in 1950. 224 S Broad St is a home located in Klamath County with nearby schools including Mills Elementary School, Ponderosa Middle School, and Klamath Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Jordan Sparks
Listing Agent
Jordan Sparks
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SMI Commercial Real Estate LLC
(458) 241-6736