632 N 10th St Klamath Falls, OR 97601
Estimated payment $1,795/month
Highlights
- Greenhouse
- City View
- Wood Flooring
- Pelican Elementary School Rated 9+
- Craftsman Architecture
- Corner Lot
About This Home
Income-producing multi-unit property with excellent rental history! 6.6% cap with low risk! 2,575 sq.ft. home on a 0.12-acre corner lot offers 3 furnished bedrooms, large upstairs suite, & a full downstairs apartment. Ground floor includes 3 large bedrooms with refinished oak floors, built-ins, porches, & shared baths. Basement bedroom has egress, utility sink, & exterior exit. Upstairs suite features a large bedroom, living space, kitchenette, porch, & garden window. Downstairs 700 sq.ft. apartment offers full kitchen, bath, living room, office, & fenced garden. Recent upgrades: modern electrical panels, new freshwater/sewer lines, grey water plumbing, LVP/tile flooring, new paint, 2 electric water heaters. Mature gardens, patio, greenhouse, storage, & more. Home is 3 blocks from downtown. Perfect for investors, multi-generational living, or owner-occupied income property.
Listing Agent
Coldwell Banker Holman Premier License #201230116 Listed on: 08/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,503
Year Built
- Built in 1924
Lot Details
- 5,227 Sq Ft Lot
- No Common Walls
- Fenced
- Landscaped
- Corner Lot
- Level Lot
- Garden
Property Views
- City
- Territorial
- Neighborhood
Home Design
- Craftsman Architecture
- Stone Foundation
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Family Room with Fireplace
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Linen Closet
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Natural lighting in basement
Home Security
- Smart Thermostat
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Driveway
- On-Street Parking
Accessible Home Design
- Accessible Kitchen
Outdoor Features
- Courtyard
- Covered Patio or Porch
- Greenhouse
Schools
- Pelican Elementary School
- Ponderosa Middle School
- Klamath Union High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 7,8 / 62
- Assessor Parcel Number 370324
Community Details
Overview
- No Home Owners Association
- 5 Units
- Klamath Falls Nichols Addition Subdivision
Building Details
- Gross Income $37,608
- Net Operating Income $21
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,503 | $87,240 | -- | -- |
| 2023 | $1,443 | $87,240 | $0 | $0 |
| 2022 | $1,414 | $82,240 | $0 | $0 |
| 2021 | $1,359 | $79,850 | $0 | $0 |
| 2020 | $1,333 | $77,530 | $0 | $0 |
| 2019 | $1,299 | $75,280 | $0 | $0 |
| 2018 | $1,263 | $73,090 | $0 | $0 |
| 2017 | $1,223 | $70,970 | $0 | $0 |
| 2016 | $1,189 | $68,910 | $0 | $0 |
| 2015 | $1,150 | $68,910 | $0 | $0 |
| 2014 | $1,041 | $64,970 | $0 | $0 |
| 2013 | -- | $63,080 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $315,000 | +173.9% | $122 / Sq Ft |
| 02/21/2020 02/21/20 | Sold | $115,000 | -8.0% | $42 / Sq Ft |
| 01/09/2020 01/09/20 | Pending | -- | -- | -- |
| 11/07/2019 11/07/19 | For Sale | $125,000 | -- | $46 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Warranty Deed | $115,000 | Amerititle | |
| Warranty Deed | $155,000 | Amerititle |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $124,000 | Purchase Money Mortgage |
Source: Oregon Datashare
MLS Number: 220207477
APN: R370324
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