224 S BROAD ST, Klamath Falls, OR 97601
Klamath County
Key Facts
Description
Don't miss your opportunity to purchase the White House! Located just blocks from downtown Klamath Falls & a quick commute to OIT, this 23 Unit value add investment opportunity features (1) 1 bed/1 bath unit & 22 studio's. Units are separately metered for power & the building features a laundry room in the basement along with space to create additional tenant storage. 11 current vacancies provide the opportunity to quickly renovate & stabilize the property with market rate tenants in need of affordable housing.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1950
Stories
2
Living Area
10,752 sq ft
Lot Size
0.25 acres
Zoning
LI
Days on Market
253
MLS® Listing#
130162997
Property Features
Cooling
Heating
Sewer
Water Source
Schools
- Elementary:
- Mills
- Middle:
- Ponderosa
- High:
- Klamath Union
Financial Details
Annual Taxes
$5,847
Tax year 2024
Parcel Number
414821
Directions
Main St
Affordability Calculator
$180,000
Estimated monthly payment
$4,790/mo
Principal $720,000 · Est. interest $1,004,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Klamath Falls, OR
- $375,333
- Median Listing Price
- 70
- Median Days on Market
- 1,844
- Median Sq Ft
- $215
- Median Price / Sq Ft
- 347
- Active Listings
- This home’s price is 140% above the area median.
- Its price per sq ft is 61% 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
Klamath Union High School
Secondary · 0.3 mi away
Eagleridge High School
Secondary · 0.3 mi away
Mills Elementary School
Elementary · 0.6 mi away
Fairview Elementary School
Elementary · 0.7 mi away
Adventist Christian School
Secondary · 0.7 mi away
Roosevelt Elementary School
Elementary · 0.8 mi away
Klamath Falls City Schools
School · 0.8 mi away
Ponderosa Middle School
Secondary · 0.8 mi away
Klamath Family Head Start
School · 0.9 mi away
Conger School Park
School · 1.1 mi away
Joseph Conger Elementary School
Elementary · 1.2 mi away
College Union
School · 1.9 mi away
Pelican Elementary School
Elementary · 2.1 mi away
First Church of God
Elementary · 2.3 mi away
Klamath County School District
School · 2.4 mi away
Triad School
Secondary · 2.4 mi away
Stearns Elementary School
Elementary · 2.9 mi away
Mazama High School
Secondary · 2.9 mi away
New Horizon Christian School
School · 3.0 mi away
Shasta Elementary School
Elementary · 3.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 10612 Old Fort, Klamath Falls, OR | $635,000 | 3 | 2 | 1,279 |
| 525 Mesa Street, Klamath Falls, OR | $649,000 | 4 | 3 | 3,911 |
| 3737 Thicket Court, Klamath Falls, OR | $649,900 | 5 | 4 | 3,243 |
| 11138 Merganser Road, Klamath Falls, OR | $650,000 | 3 | 4 | 3,363 |
| 3619 Plum Bush, Klamath Falls, OR | $650,000 | 4 | 3 | 2,697 |
| 12156 Turnstone Drive, Klamath Falls, OR | $659,900 | 4 | 3 | 2,477 |
Moving Cost Estimate
EXIT Agents in Klamath Falls
Listing Courtesy: SMI Commercial Real Estate LLC - 5033906060
Presented by: Jordan Sparks
Last Updated: 2025-05-28