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. 11 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing.
Sold
$790,000
224 S Broad St, Klamath Falls, OR 97601
1beds
10,752sqft
Multi Family
Built in 1950
-- sqft lot
$789,900 Zestimate®
$73/sqft
$810 Estimated rent
Home value
$789,900
$743,000 - $845,000
$810/mo
Zestimate® history
Owner options
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$810/mo
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$810/mo
Rent Zestimate®
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$4,687/mo
Est. payment
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$4,687/mo
Est. payment
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Separately metered for power
Zillow last checked:
Listing updated:
Listed by:
Jordan Sparks 541-646-0650,
SMI Commercial Real Estate LLC
Bought with:
Alison Clowser, 201239747
Oregon First
Source: RMLS (OR),MLS#: 130162997
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 23
- Full bathrooms: 23
Heating
- Baseboard, Zoned
Interior area
- Total structure area: 10,752
- Total interior livable area: 10,752 sqft
Property
Features
- Stories: 2
Lot
- Size: 0.25 Acres
- Features: SqFt 10000 to 14999
Details
- Parcel number: 414821
- Zoning: LI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- Approximately
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $73/sqft
- Annual tax amount: $5,846
- Date on market: 5/28/2025
- Cumulative days on market: 431 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Sold | $790,000-12.2%$73/sqft |
Source:  RMLS (OR) #130162997 Report a problem | ||
| 6/10/2026 | Listed for sale | $900,000$84/sqft |
Source: RMLS (OR) #130162997 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97601
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Nearby schools
GreatSchools rating
- 2/10Mills Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Ponderosa Junior High SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Klamath Union High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Mills
- Middle: Ponderosa
- High: Klamath Union
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$789,900
2% more
+$15,798
With Zillow Showcase(estimated)
$805,698
- Oregon
- Klamath County
- Klamath Falls
- 97601
- 224 S Broad St
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