Oregon
Klamath Falls
542 Riverside Drive

$1,795,000

542 Riverside Drive, Klamath Falls, OR 97601

20,473 sqft

Commercial Property
Built in ——
0.47acre lot
—— car garage
$88/sqft
Listed 3 months ago

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!

Listing Status:: Active
Date Added:: May 8, 2025 at 05:00AM
Listing Office:: Century 21 Showcase, Realtors : 541-882-2121
MLS ID:: 220201337

Flooring: LaminateTile
A/C: None
Heating: Natural Gas

This listing courtesy of Century 21 Showcase, Realtors

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Conger Elementary School

1700 California Ave, Klamath Falls, OR, 97601

Grades KG-5

1.42 miles away

Ponderosa Middle School

2554 Main St, Klamath Falls, OR, 97601

Grades 6-8

1.78 miles away

Eagleridge High School

677 S 7th St, Klamath Falls, OR, 97601

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.