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.
Active
$1,500,000
2236 3rd St, Malin, OR 97632
--beds
0baths
9,912sqft
Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
Welcoming courtyardStrong curb appealBrick constructionPleasant residential setting
- 359 days
- 67
- 1
Zillow last checked:
Listing updated:
Listed by:
Action Realty 541-884-3367
Source: Oregon Datashare,MLS#: 220209606
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Cooktop, Oven, Range, Refrigerator, Water Heater
Features
- Shower/Tub Combo
- Flooring: Carpet, Laminate, Simulated Wood, Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 9,912
- Total interior livable area: 9,912 sqft
Property
Parking
- Parking features: Driveway, Gravel, On Street, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 0.72 Acres
- Features: Corner Lot, Level, Native Plants
Details
- Parcel number: 124074
- Zoning description: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick, Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Klamath Forest Estates
HOA
- Has HOA: No
Location
- Region: Malin
Financial & listing details
- Price per square foot: $151/sqft
- Annual tax amount: $3,097
- Date on market: 9/22/2025
- Cumulative days on market: 360 days
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,224/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listed for sale | $1,500,000+25%$151/sqft |
Source:  Oregon Datashare #220209606 Report a problem | ||
| 7/2/2025 | Listing removed | $1,200,000$121/sqft |
Source: Oregon Datashare #220181757 Report a problem | ||
| 1/16/2025 | Listed for sale | $1,200,000+45.5%$121/sqft |
Source: Oregon Datashare #220181757 Report a problem | ||
| 11/10/2024 | Listing removed | $825,000$83/sqft |
Source: Oregon Datashare #220181757 Report a problem | ||
| 5/2/2024 | Listed for sale | $825,000$83/sqft |
Source: Oregon Datashare #220181757 Report a problem | ||
| 5/1/2024 | Listing removed | $825,000$83/sqft |
Source: Oregon Datashare #220154894 Report a problem | ||
| 10/31/2023 | Price change | $825,000-5.7%$83/sqft |
Source: Oregon Datashare #220154894 Report a problem | ||
| 1/31/2023 | Listed for sale | $875,000$88/sqft |
Source: Oregon Datashare #220154894 Report a problem | ||
| 1/12/2023 | Contingent | $875,000$88/sqft |
Source: Oregon Datashare #220154894 Report a problem | ||
| 11/30/2022 | Price change | $875,000-10.3%$88/sqft |
Source: Oregon Datashare #220154894 Report a problem | ||
| 10/10/2022 | Listed for sale | $975,000$98/sqft |
Source: Oregon Datashare #220154894 Report a problem | ||
| 8/1/2022 | Listing removed | -- |
Source: Oregon Datashare #220127031 Report a problem | ||
| 7/12/2021 | Listed for sale | $975,000$98/sqft |
Source: Oregon Datashare #220127031 Report a problem | ||
| 7/1/2021 | Listing removed | -- |
Source: Oregon Datashare #103007598 Report a problem | ||
| 4/29/2020 | Listed for sale | $975,000$98/sqft |
Source: Action Realty #103007598 Report a problem | ||
| 12/10/2019 | Listing removed | $575 |
Source: Owner Report a problem | ||
| 11/9/2019 | Listed for rent | $575 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97632
Nearby schools
Schools provided by the listing agent
- Elementary: Malin Elem
- High: Lost River High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
