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    • $425,000

    506 Division St, Klamath Falls, OR 97601

    8beds
    2,622sqft
    Quadruplex, Multi Family
    Built in 1956
    -- sqft lot
    $421,700 Zestimate®
    $162/sqft
    $1,140 Estimated rent

    Home value

    $421,700

    $358,000 - $493,000

    $1,140/mo

    Zestimate® history
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    $1,140/mo

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    $2,586/mo

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    $2,586/mo

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    What's special

    Income-Producing Quadplex - Prime Investment Opportunity! Looking for the perfect investment property? This quadplex is a rare find! Unit 1 - Fully furnished and move-in ready! Unit 2 - Under construction, with all the hard work done—just finish to your liking and rent out! Units 3 & 4 - Occupied with tenants, generating steady rental income! Each unit features 2 bedrooms, 1 bathroom, and access to a shared, fenced backyard, offering privacy and outdoor space for tenants. This cash-flowing property is ready for its next owner—live in one, rent the others, or lease all four for maximum returns! Don't miss this opportunity—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty Southern Oregon 541-608-0447

    Bought with:

    Keller Williams Realty Southern Oregon

    Source: Oregon Datashare,MLS#: 220198264MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Other
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
    Features
    • Open Floorplan
    • Flooring: Simulated Wood
    • Windows: Vinyl Frames
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,622
    • Total interior livable area: 2,622 sqft

    Property

    Parking
    • Parking features: Asphalt, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 9,583 Square Feet
    • Features: Level
    Details
    • Parcel number: 480223
    • Zoning description: A
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Mills
    HOA
    • Has HOA: No
    Location
    • Region: Klamath Falls

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $394,900
    • Annual tax amount: $2,805
    • Date on market: 10/24/2025
    • Cumulative days on market: 102 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/26/2025Sold$425,000$162/sqft
    Source: Oregon Datashare #220198264 Report a problem
    10/24/2025Pending sale$425,000$162/sqft
    Source: Oregon Datashare #220198264 Report a problem
    6/9/2025Listing removed$425,000$162/sqft
    Source: Oregon Datashare #220198264 Report a problem
    3/28/2025Listed for sale$425,000$162/sqft
    Source: Oregon Datashare #220198264 Report a problem
    6/28/2019Listing removed$700
    Source: Rookstool Moden Realty LLC Report a problem
    6/13/2019Listed for rent$700
    Source: Rookstool Moden Realty LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,872 +2.4%$167,710 +3%
    2024$2,805 +4.1%$162,830 +3%
    2023$2,693 +2%$158,090 +3%
    2022$2,640 +4.1%$153,490 +3%
    2021$2,536 +3.1%$149,020 +3%
    2020$2,461 +1.5%$144,680 +3%
    2019$2,424 +14.2%$140,470 +3%
    2018$2,123 +28.1%$136,380 +8.4%
    2014$1,658 -8.4%$125,810 +35.7%
    2013$1,809 -7.2%$92,680 -25.1%
    2011$1,948 +1.1%$123,820
    2010$1,928 +2.1%$123,820 +6.1%
    2009$1,889 +3.6%$116,720 +3%
    2008$1,823 +4.2%$113,330 -35.2%
    2007$1,749 +2.1%$174,871 +2.1%
    2006$1,713 $171,305 +54.5%
    2004-- $110,850
    Find assessor info on the county website

    Neighborhood: 97601

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    Sell for more on Zillow
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    $421,700
    2% more
    +$8,434
    With Zillow Showcase(estimated)
    $430,134
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $421,700
    2% more
    +$8,434
    With Zillow Showcase(estimated)
    $430,134

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