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531 N 11th Street, 
Klamath Falls, OR 97601

$545,000


Bed


Bath


4,105

Sq Ft


Multi-Family

Active

Listed by

Jody Carter

Windermere Real Estate Kf

541-885-4400

Last updated:

March 20, 2026, 02:31 PM

MLS#

220217195

Source:

OR SOMLS

About This Home

531 N 11th Street

Turnkey 5-Unit Investment Opportunity! This well-maintained two-building apartment complex offers a consistent rental history and strong net income. The property features two 2-bed/1-bath units and three 1-bed/1-bath units, each with separate electric meters--ideal for investors seeking reliable cash flow. Recent improvements include updated units and upgraded electrical panels, along with a shared coin-operated laundry and four garage parking spaces. Conveniently located just minutes from Oregon Institute of Technology, Sky Lakes Medical Center, and downtown Klamath Falls, the property provides excellent access to major employment centers and everyday amenities, helping support strong and consistent rental demand. 2025 net income exceeded $42K. With solid cash flow and long-term appreciation potential, this is a rare opportunity to own a profitable, low-maintenance multi-family investment.

Home Facts

Multi-Family

Built in 1930

Price Summary

545,000

$132 per Sq. Ft.

MLS #:

220217195

Last Updated:

March 20, 2026, 02:31 PM

Added:

7 day(s) ago


Rooms & Interior

Interior

Living Area:

4,105 Sq. Ft.


Structure

Structure

Architectural Style:

Craftsman

Building Area:

4,105 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$545,000

Price per Sq. Ft:

$132 per Sq. Ft.

Source:OR SOMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.