Income-producing Craftsman generating approximately $3,050/month ($36,600 annually) with an estimated 8.3% cap rate at the current list price. This 2,575 sq ft home on a .12-acre corner lot offers two apartments plus additional 4 furnished living spaces, creating multiple income streams and strong rental history. The lower level features a 1-bedroom apartment with full kitchen, office, bath, and fenced garden plus shared laundry. The main level includes 4 bedrooms, kitchen, dining area, and two porches. Upstairs apartment offers a large bedroom, living room, kitchenette, and private porch. Major upgrades include new furnace (2025), two water heaters (2021), updated electrical panels, new water and sewer lines (2021), and interior paint. Garden, greenhouse, fruit trees, patio, and off-street parking. Located just 3 blocks from downtown and near transit. Ideal for investors or owner-occupied income property. Rent roll and expense sheet available upon request.
Active
$299,000
632 N 10th St, Klamath Falls, OR 97601
4beds
2,575sqft
Multi Family
Built in 1924
-- sqft lot
$308,300 Zestimate®
$116/sqft
$-- HOA
What's special
Dining areaTwo porchesOff-street parkingFruit treesShared laundryFenced gardenLarge bedroom
- 376 days |
- 313 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Holman Premier 541-884-1343
Source: Oregon Datashare,MLS#: 220207477
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas, Wood
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Features
- Built-in Features, Ceiling Fan(s), Laminate Counters, Linen Closet, Smart Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
- Windows: Double Pane Windows
- Basement: Daylight,Exterior Entry,Finished,Full
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,575
- Total interior livable area: 2,575 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Kitchen
Features
- Levels: Three Or More,Multi/Split
- Stories: 3
- Patio & porch: Covered, Rear Porch, Side Porch, Patio
- Exterior features: Courtyard
- Fencing: Fenced
- Has view: Yes
- View description: City, Neighborhood, Territorial
Lot
- Size: 5,227 Square Feet
- Features: Corner Lot, Garden, Landscaped, Level
Details
- Additional structures: Greenhouse
- Parcel number: 370324
- Zoning description: A-Apartment Res
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter, Stone
- Roof: Composition
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Klamath Falls -Nichols Addition
HOA
- Has HOA: No
Location
- Region: Klamath Falls
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $151,500
- Annual tax amount: $1,502
- Date on market: 8/11/2025
- Cumulative days on market: 376 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
$308,300
$277,000 - $339,000
$1,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Price change | $299,000-6.3%$116/sqft |
Source:  Oregon Datashare #220207477 Report a problem | ||
| 12/3/2025 | Price change | $319,000+1.3%$124/sqft |
Source: Oregon Datashare #220207477 Report a problem | ||
| 8/11/2025 | Listed for sale | $315,000-4.3%$122/sqft |
Source: Oregon Datashare #220207476 Report a problem | ||
| 12/1/2023 | Listing removed | $329,000$128/sqft |
Source: Oregon Datashare #220164814 Report a problem | ||
| 5/30/2023 | Listed for sale | $329,000+186.1%$128/sqft |
Source: Oregon Datashare #220164814 Report a problem | ||
| 2/21/2020 | Sold | $115,000-8%$45/sqft |
Source: Oregon Datashare #103008127 Report a problem | ||
| 11/12/2019 | Listed for sale | $125,000-19.4%$49/sqft |
Source: Rookstool Moden Realty Llc #3008127 Report a problem | ||
| 2/3/2009 | Sold | $155,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,539 +2.4% | $89,850 +3% |
| 2024 | $1,503 +4.1% | $87,240 +3% |
| 2023 | $1,443 +2% | $84,700 +3% |
| 2022 | $1,414 +4.1% | $82,240 +3% |
| 2021 | $1,359 +2% | $79,850 +3% |
| 2020 | $1,333 +2.6% | $77,530 +3% |
| 2019 | $1,299 +2.9% | $75,280 +3% |
| 2018 | $1,263 | $73,090 +3% |
| 2017 | $1,263 +6.2% | $70,970 +3% |
| 2016 | $1,189 | $68,910 |
| 2015 | $1,189 +3.4% | $68,910 +6.1% |
| 2014 | $1,150 +10.5% | $64,970 +3% |
| 2013 | $1,041 +8.2% | $63,080 +3% |
| 2012 | $963 +2.9% | $61,250 +3% |
| 2011 | $936 +1.1% | $59,470 |
| 2010 | $926 +2.1% | $59,470 +6.1% |
| 2009 | $907 +3.6% | $56,060 +3% |
| 2008 | $875 +4.2% | $54,430 -35.2% |
| 2007 | $840 +2.1% | $83,998 +2.1% |
| 2006 | $823 | $82,293 +23.5% |
| 2004 | -- | $66,620 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97601
Nearby schools
GreatSchools rating
- 9/10Pelican Elementary SchoolGrades: K-5Distance: 1.6 mi
- 5/10Ponderosa Junior High SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Klamath Union High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Pelican 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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