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  • $360,000

    240 E Main St, Klamath Falls, OR 97601

    --beds
    0baths
    2,231sqft
    Quadruplex, Multi Family
    Built in 1930
    -- sqft lot
    $361,100 Zestimate®
    $161/sqft
    $1,204 Estimated rent

    Home value

    $361,100

    $336,000 - $386,000

    $1,204/mo

    Zestimate® history
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    What's special

    Welcome to 240 East Main Street, a four-unit apartment building centrally located in Klamath Falls, Oregon. A rare public offering of a fourplex near downtown, the property presents the opportunity to step into an established, upgraded, income-producing asset in Klamath Falls! The property consists of 4 units, all 1-bd/1-ba units. While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Three units are currently occupied, with the fourth being left vacant to allow an easy transition for an owner-occupant purchaser or allow a new owner to market the unit themselves. Extensive renovations in the recent years have made this property a nearly turn-key investment for the buyer. Sited on an efficient, easily accessible lot, the property enjoys an exceptional central location in Klamath Falls, close to OIT, Running Y, and Sky Lakes Medical Center. More info available - contact listing brokers!

    Zillow last checked:

    Listing updated:

    Listed by:

    Merit Commercial RE, LLC 541-608-6704

    Bought with:

    Infinity Real Estate Group-Keller Williams Realty Southern Oregon

    Source: Oregon Datashare,MLS#: 220187292MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Tile, Vinyl
    • Windows: Vinyl Frames
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,231
    • Total interior livable area: 2,231 sqft

    Property

    Parking
    • Parking features: Alley Access, Gravel, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: R415651
    • Zoning description: NC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Klamath Falls

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

    Price history

    DateEventPrice
    9/24/2024Sold$360,000$161/sqft
    Source: Oregon Datashare #220187292 Report a problem
    8/9/2024Pending sale$360,000$161/sqft
    Source: Oregon Datashare #220187292 Report a problem
    7/30/2024Listed for sale$360,000+620%$161/sqft
    Source: Oregon Datashare #220187292 Report a problem
    8/5/2016Sold$50,000+42.9%$22/sqft
    Source: Public Record Report a problem
    2/9/2016Sold$35,000-54.2%$16/sqft
    Source: Oregon Datashare #100188334 Report a problem
    6/23/2015Sold$76,500+33%$34/sqft
    Source: Public Record Report a problem
    8/1/2013Listing removed$57,500$26/sqft
    Source: Action Realty #83408 Report a problem
    7/19/2013Listed for sale$57,500$26/sqft
    Source: Action Realty #83408 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,720 +4.1%$99,830 +3%
    2023$1,651 +2%$96,930 +3%
    2022$1,619 +4.1%$94,110 +3%
    2021$1,555 +2%$91,370 +3%
    2020$1,525 +2.6%$88,710 +3%
    2019$1,486 +7.2%$86,130 +3%
    2018$1,386 $83,630 +6.5%
    2017$1,386 +13.7%$78,510
    2016$1,219 $78,510 +26.2%
    2015$1,219 +26.7%$62,220 -15.8%
    2014$963 -9.4%$73,930 +36.5%
    2013$1,063 $54,150 -27.7%
    2012-- $74,910 -7.7%
    2011$1,196 -5.4%$81,200
    2010$1,264 +2.1%$81,200 +6.1%
    2009$1,239 +3.6%$76,550 +3%
    2008$1,196 +4.2%$74,330 -35.2%
    2007$1,147 +2.1%$114,701 +2.1%
    2006$1,124 $112,359 +72%
    2004-- $65,310

    Find assessor info on the county website

    Neighborhood: 97601

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mills Elem
    • Middle: Ponderosa Middle
    • High: Klamath Union High School

    Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $361,100
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    With Zillow Showcase(estimated)
    $368,322