Klamath Falls, OR 97603

$3,200,000
Property Type: Residential Income Square Footage: 51,906 Lot Size (sq. ft.): 213,444 Status: Closed
Current Price: $3,200,000 List Date: 4/02/2021 Last Modified: 5/27/2026

Overview

Description

50 Unit Apartment Complex with assigned parking spaces, approved by the State for Low Income Housing. 49 Tenant Occupied units, 1 Manager's Office and small laundromat. Both lower and upper level units. 1, 2 or 3 bedrooms. Garages for rent. Common Areas.

Listing Details MLS# 220119544

General Property Information

Property Sub Type
Multi Family
Building Area Total
51906
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
50
Year Built
1995
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Peterson Elem
Middle Or Junior School
Brixner Junior High
High School
Mazama High School
Zoning
RH
Tax Annual Amount
11460
Tax Year
2020
Potential Tax Liability YN
Yes
Assessment YN
Yes
CC&R's YN
No
Association YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Appliances: Cooktop; Dishwasher; Oven; Range; Range Hood; Refrigerator; Water Heater Architectural Style: Contemporary; Other Basement: None Common Walls: 2+ Common Walls; End Unit Construction Materials: Frame Cooling: None Flooring: Carpet; Vinyl Foundation Details: Slab Heating: Forced Air; Natural Gas Interior Features: Laminate Counters; Shower/Tub Combo Levels: One; Two Roof: Composition Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Window Features: Aluminum Frames; Vinyl Frames Additional Features: Common Area; Laundry Facility; Manager's Quarters; Separate Electric Meters; Separate Gas Meters Easements: Utilities Utilities: Electricity Connected Lot Features: Level; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Parking Features: Asphalt; Assigned; Parking Lot Patio and Porch Features: Patio Road Frontage Type: Shared Access Road Surface Type: Paved Sewer: Public Sewer Water Source: Public Documents on File: APOD; Profit and Loss Statement Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

County
Klamath
State
OR
Postal Code
97603
Subdivision Name
Klamath Falls -Opportunity Addition

Contract Information

Original List Price
3200000
List Price per SqFt
61.65
Listing Contract Date
2021-03-05

Remarks and Miscellaneous

Public Remarks
50 Unit Apartment Complex with assigned parking spaces, approved by the State for Low Income Housing. 49 Tenant Occupied units, 1 Manager's Office and small laundromat. Both lower and upper level units. 1, 2 or 3 bedrooms. Garages for rent. Common Areas.
Assessment Comments
Drainage

Status Change Information

Close Date
2021-03-12
Under Contract Date
2021-03-08
Status Change Timestamp
2021-04-02
Close Price
3200000
Sold Price per SqFt
61.65

More Information

Unit 5 or More

Unit List Attached
No

Parking Details

# of Garages
5
# of Other Parking
60
Listing Office: Windermere Real Estate Kf
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.