632 N 10th Street, Klamath Falls, OR

$299,000

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0.12

Acres

About 632 N 10th Street

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.

Features of 632 N 10th Street

MLS® # 220207477
Price $299,000
Acres 0.12
Year Built 1924
Type Residential Income
Sub-Type Multi Family
Style Craftsman
Status Active

Community Information

Address 632 N 10th Street
Subdivision Klamath Falls -Nichols Addition
City Klamath Falls
County Klamath
State OR
Zip Code 97601

Amenities

Parking Driveway, On Street
View City, Neighborhood, Territorial
Is Waterfront No

Interior

Interior Features Built-in Features, Ceiling Fan(s), Laminate Counters, Linen Closet, Smart Thermostat, Walk-In Closet(s)
Appliances Dishwasher, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Heating Forced Air, Natural Gas, Wood
Cooling Wall/Window Unit(s)
Fireplace No
Fireplaces Family Room, Wood Burning
Stories Three Or More, Multi/Split
Basement Daylight, Exterior Entry, Finished, Full

Exterior

Exterior Features Courtyard
Lot Description Corner Lot, Fenced, Garden, Landscaped, Level
Windows Double Pane Windows
Roof Composition
Construction Frame
Foundation Concrete Perimeter, Stone

School Information

Elementary Pelican Elem
Middle Ponderosa Middle
High Klamath Union High School

Additional Information

Date Listed August 11th, 2025
Days on Market 289
Zoning A-Apartment Res

Listing Details

OfficeColdwell Banker Holman Premier

Listing Map

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