632 N 10th Street, Klamath Falls, OR 97601
Klamath Falls -Nichols Addition · Klamath County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Craftsman
Year Built
1924
Living Area
2,575 sq ft
Lot Size
0.12 acres
Days on Market
289
MLS® Listing#
220207477
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Security
Other Structures
Sewer
Water Source
Schools
- Elementary:
- Pelican Elem
- Middle:
- Ponderosa Middle
- High:
- Klamath Union High School
Financial Details
HOA
None
Annual Taxes
$1,503
Tax year 2024
Parcel Number
370324
Directions
Take Lakeshore exit from Hwy 97 North & turn left. After 6 blocks, at stop, turn left onto Oregon St. which becomes 9th St. Turn left onto Grant St. On right side, see white Craftsman house.
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Klamath Falls, OR
- $374,342
- Median Listing Price
- 72
- Median Days on Market
- 1,848
- Median Sq Ft
- $214
- Median Price / Sq Ft
- 349
- Active Listings
- This home’s price is 20% below the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Klamath Falls, OR.
Location
Points of Interest in Klamath Falls, OR
Showing the Klamath Falls area map.
Nearby Schools
Fairview Elementary School
Elementary · 0.2 mi away
Klamath Union High School
Secondary · 0.3 mi away
Conger School Park
School · 0.6 mi away
Eagleridge High School
Secondary · 0.6 mi away
Joseph Conger Elementary School
Elementary · 0.7 mi away
Roosevelt Elementary School
Elementary · 0.7 mi away
Mills Elementary School
Elementary · 1.1 mi away
Adventist Christian School
Secondary · 1.2 mi away
Klamath Falls City Schools
School · 1.3 mi away
Ponderosa Middle School
Secondary · 1.3 mi away
Klamath Family Head Start
School · 1.3 mi away
Pelican Elementary School
Elementary · 1.7 mi away
College Union
School · 1.7 mi away
Klamath County School District
School · 2.5 mi away
First Church of God
Elementary · 2.8 mi away
Triad School
Secondary · 2.9 mi away
Stearns Elementary School
Elementary · 3.4 mi away
Mazama High School
Secondary · 3.4 mi away
New Horizon Christian School
School · 3.5 mi away
Shasta Elementary School
Elementary · 3.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Foothills Boulevard Lot 300, Klamath Falls, OR | $212,500 | — | — | — |
| 1210 Lincoln Street, Klamath Falls, OR | $215,000 | 2 | 1 | 728 |
| 2215 Applegate Avenue, Klamath Falls, OR | $215,000 | — | — | 1,228 |
| 1558 Hope Street, Klamath Falls, OR | $215,000 | 3 | 1 | 864 |
| 510 N 7th Street, Klamath Falls, OR | $219,000 | 7 | 3 | 2,288 |
| 14204 Ravenwood Drive, Klamath Falls, OR | $224,000 | 2 | 2 | 1,235 |
Moving Cost Estimate
EXIT Agents in Klamath Falls
Listing Courtesy: Coldwell Banker Holman Premier - 5418841343
Last Updated: 2025-08-11