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542 Riverside Drive , Klamath Falls, OR 97601

$1,795,000

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!

Highlights

  • Residential Income
  • Multi Family
  • 0.47 Acre Lot
  • 42 days on Market

  • Architectural Style
    Contemporary
  • Construction Materials
    Frame
  • Foundation
    Block
  • Parking Features
    Shared Driveway
  • Appliances
    Cooktop
  • Flooring
    Laminate, Vinyl
  • Cooling
    None
  • Heating
    Natural Gas, Other
  • Basement
    None

  • Acres
    0.47
  • Water
    Public

  • County
    Klamath
  • City
    Klamath Falls
  • Neighborhood
    Klamath Falls -West
  • Zip Code
    97601
  • High School
    Check with District
  • Middle School
    Check with District
  • Elementary School
    Check with District

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542 Riverside Drive , Klamath Falls, OR 97601

MLS# 220201338 - Multi Family For Sale

This Multi Family for sale has bedrooms and bathrooms with a total of sq/ft. It's located at 542 Riverside Drive , Klamath Falls, OR 97601 on 0.47 acresin the Klamath Falls -West neighborhood.

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If you would like to ask a question about 542 Riverside Drive , Klamath Falls, OR 97601 (MLS 220201338), please click "Ask A Question" or "Tour This Home", and a vetted, local partner will be in touch quickly.

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Listings in Klamath County Avg. Price $456K

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Properties in 97601 Avg. Price $454K

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than {{BROKERAGE}} are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Copyright ©2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved.

Last Updated: June 19, 2025 | Source: Oregon Data Share | MLS#: 220201338