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542 Riverside Drive

Klamath Falls, OR 97601
  • $1,795,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 220201337
UPDATED: 62 min ago
$1,795,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Century 21 Showcase, Realtors :.

Description

Don't miss this rare opportunity to own a 13-unit multi family complex offering strong returns and long-term value. This property features 9 spacious 2 bed/1 bath units and 4 well-maintained 1 bed/1 bath units, along with 9 private garages-a highly desirable amenity for tenants. Currently, 12 of 13 units are occupied, ensuring immediate income for savvy investors. Located just minutes from downtown Klamath Falls, Oregon Institute of Technology, Sky Lakes Medical Center, and major shopping areas. this complex sits in a prime rental location with consistent demand. Whether your expanding your portfolio or entering the multi-family space, this investment checks all thew boxes. Call today-opportunities like this don't last long!

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Bain are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Bain. Data last updated: .2025-05-24T20:44:03.033
www.bendareahomefinder.com/homes/163524083
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542 Riverside Drive Klamath Falls, OR 97601

  • Price: $1,795,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 62 min ago
  • MLS #: 220201337
0
Beds
0
Baths
0
½ Baths
0.47
Acres
County:
Klamath
Area:
Klamath Falls
Property Description
Don't miss this rare opportunity to own a 13-unit multi family complex offering strong returns and long-term value. This property features 9 spacious 2 bed/1 bath units and 4 well-maintained 1 bed/1 bath units, along with 9 private garages-a highly desirable amenity for tenants. Currently, 12 of 13 units are occupied, ensuring immediate income for savvy investors. Located just minutes from downtown Klamath Falls, Oregon Institute of Technology, Sky Lakes Medical Center, and major shopping areas. this complex sits in a prime rental location with consistent demand. Whether your expanding your portfolio or entering the multi-family space, this investment checks all thew boxes. Call today-opportunities like this don't last long!
Exterior Features

Attached Garage YN No Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Block Lot Features Level Parking Features Parking Lot Roof Composition Window Features Aluminum FramesVinyl Frames

Interior Features

Additional Features Kitchen Yes Basement [] Cooling None Cooling YN No Flooring LaminateTile Heating Natural Gas Heating YN Yes Interior Features [] Levels Two

Property Features

Additional Features Laundry Facility Yes Additional Parcels YN No Building Area Total 20473 CCRs YN No Common Walls No Common Walls Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 13 Other Structures [] Owner Pays SewerWaterOther Road Frontage Type [] Road Surface Type [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3294.57 Tax Year 2024 Tenant Pays Electricity Unit1 Monthly Rent 1025 Unit10 Monthly Rent 1025 Unit2 Monthly Rent 1075 Unit3 Monthly Rent 1025 Unit4 Monthly Rent 875 Unit5 Monthly Rent 900 Unit7 Monthly Rent 995 Unit8 Monthly Rent 1025 Unit9 Monthly Rent 806 View [] Water Source Public Waterfront Features [] Zoning Description MD

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Century 21 Showcase, Realtors :.

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Bain are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Bain. Data last updated: .2025-05-24T20:44:03.033
 
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Coldwell Banker Bain
70 SW Century Drive
Bend OR, 97702
Listing provided courtesy of Century 21 Showcase, Realtors :.