632 N 10th Street, Klamath Falls, OR 97601 | MLS #220207477 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Coldwell Banker Holman PremierMLS# 220207477MLS Provider
  • 322 days on site
  • 4 views

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.

Source: Oregon Datashare, MLS#: 220207477

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  • Property Type
    Residential Income
  • Lot
    0.12 acres

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  • Median Age
    41
  • Population Density
    39
  • College Educated
    33%
  • Estimated Median Income
    $45,392
  • Estimated Total Home Owners
    5,687
  • Estimated Total Renters
    4,420
  • Owner / Renter Divide
    56% / 44%
  • Estimated Average Household Size
    2
  • Total Population
    23,020
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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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.

History

Date Event Value Agent
3/13/2026Source: Oregon Datashare Price Reduction
$299,000 -6.3%
12/3/2025Source: Oregon Datashare Price Increase
$319,000 1.3%
8/11/2025Source: Oregon Datashare Added to Database
August 11, 2025