224 S BROAD ST, Klamath Falls, OR 97601 | MLS #130162997 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of SMI Commercial Real Estate LLC- MLS# 130162997MLS Provider

224 S BROAD STKlamath Falls, OR 97601

Multi-Family · 10,752 Sq. ft. | 0.25 Acres
$900,000 Active

224 S BROAD ST Overview

Time on Site:
397 days
Visits:
4

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.

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224 S BROAD ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,752
  • Price/Sq.ft. $84
  • Lot 0.25 Acres

Details

General

School Information

  • Elementary School: Mills
  • Middle Or Junior School: Ponderosa
  • High School: Klamath Union

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Klamath
  • MLS Area Major: 300 - Klamath County

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 5846.72
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 414821
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: LI

Interior

Building Interior

  • Building Area Total: 10752.0

General Information

  • Heating: Baseboard,Zoned
  • Stories: 2

Exterior

Lot Information

  • Lot Size Acres: 0.25
  • Lot Size Square Feet: 10890.0
  • Water Source: Public Water

General Information

  • Number Of Units Total: 23
  • Sewer: Public Sewer

224 S BROAD ST Neighborhood

Community

97601 (Klamath Falls) Demographics

41
Median Age
39
Population Density (per sq. mile)
33%
College Educated
$45,392
Estimated Median Income
5,687
Estimated Total Home Owners
4,420
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

224 S BROAD ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

224 S BROAD ST Market Data

Based on the last 30 days in this zip code

$452,158
Average List Price
$218
Average Price per Square Foot
34
Properties Sold
111
Average Days on Market
234
Properties for Sale
Calculations provided by Reliance Network

224 S BROAD ST History

Date Event Value Agent
1/19/2026Source: Regional MLS Price Reduction
$900,000 -10.0%
5/28/2025Source: Regional MLS Added to Database
May 28, 2025